STANLEY’S ART: Stanley Marcus’s taste in fashion is well known, but his eye for art will be exhibited this fall as Sotheby’s auctions the bulk of his personal collection at a series of sales in New York, London and Milan. Valued at $7 million to $10 million, the collection reflects the diversity of Marcus’ taste, from African tribal figures, Peruvian textiles and Indian wood carvings to Modern paintings and sculpture. The largest chunk goes on the block Nov. 16 in New York with 144 pieces in a sale called “A Passion for Collecting: The Eye of Stanley Marcus.” But an additional 33 of the most important works have been parceled out among five specialist sales, with most falling into Impressionist and Modern Art Nov. 5-6 and Latin American Art Nov. 19-20, both in New York. They include sculptures by Alberto Giacometti, Henry Moore and Henri Matisse, paintings by Diego Rivera, Rufino Tamayo and Georgia O’Keeffe and a painted metal mobile by Alexander Calder.
This story first appeared in the October 22, 2002 issue of WWD. Subscribe Today.
Marcus died in January, and the collection is being sold to fulfill the bequests of his will and pay taxes, explained his son, Richard Marcus. “As much as all of us enjoyed and grew up with a lot of these pieces, I don’t know that anybody regrets seeing them reenter the market,” Marcus reflected. “It is to satisfy his wishes. He was the cement that held all these pieces together, and in the context of his home and office, it had a certain vibrancy. Once he was gone, that disappeared. It’s great to put things back into the river, as it were, and let them flow to others who will enjoy them.”
LORDY, FORTY: Linda Allard has been celebrating her 40th anniversary at Ellen Tracy in a low-key manner to date, if you count selling the company to Liz Claiborne as low-key. But Allard’s set to let loose on Thursday with a bash at the New York Public Library, hosted by Herbert Gallen, chief executive officer and her husband, decorated by Robert Isabel and catered by Glorious Food.
SEE-THROUGH ARMANI: Giorgio Armani will donate an X-ray machine to the hospital on Pantelleria, the Sicilian island where the designer owns a house and where he spends his summer holidays. “The hospital and the people in Pantelleria have always been very supportive of Mr. Armani and his guests,” said Robert Triefus, the group’s corporate vice president of worldwide communications. “When Mr. Armani found out the hospital needed the machine, he decided to order it.” Triefus said the machine costs around $350,000.