GlobeNewsWire
16 Jun 2026, 08:01 UTC · 4h ago
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Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY), is launching a new inaugural auction in Paris in February 2027. — Expansion of auction services into a new major European market likely increases revenue streams and brand visibility for Hagerty.
+0.20The Paris event is established in partnership with The Peninsula Paris hotel and coincides with Rétromobile week. — Strategic alignment with a high-net-worth luxury destination and a major industry event optimizes the target audience reach.
+0.10Which stocks this story touches
The company's auction house, Broad Arrow, is expanding its international footprint with a new high-profile event in Paris.
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The company's hotel, The Peninsula Paris, is highlighted as a world-class destination and partner for a premier luxury event.
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