In 2003, the Central Customs Administration took an inventory of Armani, Gucci, Zegna and Dolche&Gabbana stores owned by Mercury in Moscow. Along with the rest of the art world, we have been shocked and saddened by the tragic events unfolding in the region. Art consultants in London this week who did not want to be named, say they are busier than ever although there may be fewer Russians buying. Mikhail Kusnirovich and Ekaterina Moiseeva, owners of Bosco di Ciliegi. Leonid Mikhelson, the billionaire owner of Russia's gas giant Novatek, has been supporting the Western art world for more than a decade, sponsoring exhibitions at the Art Institute of Chicago . Mercury Group was established in 1994 by Friedland and Leonid Strunin, who are known to be its principal owners. bombing of a Ukrainian maternity hospital. Leonid Friedland had already declared that Mercury didn`t participate in foreign trade activities, in fact, he had no idea how the goods were delivered to Moscow. Mercury is run by Leonid Friedland and his associate, Leonid Strunin. Earlier this month, Matthew Girling, the former CEO of Bonhams, told the Art Newspaper that people should boycott Phillips, which is owned by Russians Leonid Friedland and Leonid Strunin.. Source: History of criminal case N 18/277049-99. Previously, de Pury was the majority shareholder. While last months EU sanctions led to the French government seizing a yacht belonging to another oligarch, Igor Sechin, Avens work does not appear to be at risk of being confiscated by the UK government at least for now. Alexandra Gordienko, creator of the Marfa Journal. That amounts to Borisenko monthly wage of $50.000. In that same vein, it is understood the owners are not the subject of any sanctions or affiliated with any parties targeted by sanctions. In a second Instagram post yesterday, the auctioneer announced that it will be donating 100% of the buyers premium and vendors commission from its recent 20th Century & Contemporary Art Evening Sale in London to the Ukrainian Red Cross Society. Earlier this month, Matthew Girling, the former CEO of Bonhams, told the Art Newspaper that people should boycott Phillips, which is owned by Russians Leonid Friedland and Leonid Strunin. Name: Leonid Surname : Friedland Middle name : Yakovlevich Post : President and co-owner of Mercury Group Biography Born in 1969. says Reebok. Russia is so centralised and repressed that anyone who is in the economic and cultural elite in that country is, in a way, complicit with the current regime, he added, likening the situation to firms based in Nazi Germany and the boycotts that sought to freeze out South African-controlled businesses in the Apartheid era. Amid bloodshed in the Ukraine following the Russian militarys invasion in the country last week, sweeping economic sanctions targeting oligarchs with ties to the Russian government are being levied. In a Financial Times interview in 2017, Aven identified his favourite piece as Les Maisonettes Rouges by Marc Chagall, bought for a recorded 3.3m. Karput established her avant-garde, street brand store in 2009, using the famous Colette in Paris as a model. Can the art market simply ignore it and carry on as normal?. Inspectors found that TSUM had been using this strategy of social tax evasion since 2004. The World's Premier Art Magazine since 1913. According to the statement from Phillips, talks with Mercury Group began in July 2007 and continued for more than a year. Find Leonid Friedland stock photos and editorial news pictures from Getty Images. At the time of the major private deal, Russia had recently emerged as a key art market player. Today she does shows for Vetements, Balenciaga and her friend Gosha Rubchinsky. Phillips, of course is owned by Mercury Group, founded in 1993 by the Russian entrepreneurs Leonid Friedland and Leonid Strunin who acquired the auction house in 2008, when it was known as Phillips de Pury & Luxembourg, for a reported $60m. He suggested ordering suits from the firm Zegna, Property Management Department`s official partner at that time. "It is not as successful as showing it off. Earlier this month, Matthew Girling, the former CEO of Bonhams, told the Art Newspaper that people should boycott Phillips, which is owned by Russians Leonid Friedland and Leonid Strunin.. Phillips has had its share of ups and downs in the past decade. She covered all the roles in the magazine: journalist, art director and photographer. Litvinova is often called the "Marlene Dietrich of today" and the "Russian icon of style." MILAN None of the buzz at Prada's show last Friday included the thirty-something man in the dark suit and sunshine yellow tie sitting front row. In 1999, Umar Dzhabrailov, a successful buisinessman from Yuri Lujkov`s circle and the owner of Plaza Group (Danako Oil Company, PR-agency Tijaya Gavan`, the Raddison-Slavianskaya Hotel, where its American co-owner was killed) invited his closest friends to his birthday party. Construction and infrastructure magnates, Boris and Igor Rotenberg, who were investigated for circumventing sanctions to buy art in 2020, have also been targeted. Or, as Gucci's Domenico de Sole puts it: "If you want to do business in Russia, they do an excellent job.". Hasonlan nehz helyzetbe kerlt az orosz kzben lev brit aukcishz, a Phillips is orosz tulajdonosi httere miatt. Earlier this month, Matthew Girling, the former CEO of Bonhams, told the Art Newspaper that people should boycott Phillips, which Russians Leonid Friedland and Leonid Strunin own. Alumni of the Moscow Institute of Transport & Engineering, Fridlyand and Strunins initial venture into retail began as a small jewellery and watch outlet, quickly growing through strategic alliances with brands such as Bulgari, Chaumet and Tiffanybefore diversifying into fashion. In an interview with The 'Russian owned' Art Newspaper he suggested that it "will get the attention of the world and the owners . Yesterday, the Russian-owned auction house Phillips (which last year realised a best ever $993.3m in auction and private sales) attempted to clear the air on Instagram by posting a statement in support of Ukraine, also posted by Jean Paul Engelen, the firms recently appointed president, Americas and co-head of 20th century and contemporary art. Mercury started investing into Expansion Redesign project of the DLT in 2005. In 2007, Mercury announced launching the Sochi Luxury Village Project (similar to the Barvikha Luxury Village in Moscow region) in Esta-Sadok settlement near Sochi. Now those new projects are frozen and nothing can be taken out of Russia., Stephen Brooks, the CEO of Phillips, said earlier this month: We at Phillips unequivocally condemn the invasion of Ukraine. As evidence in support of his words, Borodin brought the Mabetex invoice dated 14 July 1998, in the name of Skuratov, for tailoring suites, shirts and neckties worth $39675 total. Thats because oftentimes bidders are shrouded in secrecy and store their physical assets and thus any trace of ownership in clandestine, off-the-books locations. UK freezes assets of seven Russian oligarchs including Roman Abramovich, Original reporting and incisive analysis, direct from the Guardian every morning. 2023 NYP Holdings, Inc. All Rights Reserved, powerful sanctions against Putins oligarchs, When disinfo specialists lie, Gray Ladys DeSantis frustration and other commentary, Putins former spin doctor-turned-critic dead, Ukraines northeastern front could decide new battle lines, Biden needs to step up military aid for Ukraine fast, unplugged from the SWIFT payments apparatus, said Wednesday that hed sell the Chelsea soccer team. Owned by Leonid Friedland and Leonid Strunin, the Moscow-based Mercury Group is the largest luxury retailer in Russia. In February 1998, Borodin gave him a $6400 payment receipt and some foreign currency cash. Today she continues to publish the magazine and also works as creative consultant for clients such as Kanye West. After graduating from London's Central Saint Martins, Gordienko created the thick Marfa Journal, a magazine dedicated to her impressions of everything in the world from travels with friends across the U.S. and encounters with Erik Brunetti, creator of the FUCT clothing brand, to works by minimalist artist Donald Judd. Other than suggesting . He didn`t pay for the suits. Earlier this month, Matthew Girling, the former CEO of Bonhams, told the Art Newspaper that people should boycott Phillips, which is owned by Russians Leonid Friedland and Leonid Strunin. This website uses cookies. Many of the most high-profile works set to be auctioned on Thursday are by artists popular with Russians, like a 1980s triptych by Francis Bacon expected to fetch up to $73 million. The post quoted a message from Stephen Brooks, the auction house's chief executive: We at Phillips unequivocally condemn the invasion of Ukraine. Phillips has said it doesnt expect sanctions to affect its business. As with the football club, critics such as Hall believe Phillips ties with Russia should now be severed. Along with the rest of the art world, we have been shocked and saddened by the tragic events unfolding in the region. Anyone can read what you share. Mercury carefully distanced from Ecolux`s troubles with customs. With questions lingering about how businesses of all kinds will be impacted, the auction house Phillips, which is owned by Russian luxury retailer Mercury Group, has said it doesnt expect sanctions to affect its operations. Born in 1969, Strunin is the Chairman of Mercury, the largest Russian luxury retailer, selling watches and clothes as well as cars. Get our latest stories in the feed of your favorite networks. The company posted a Ukrainian flag on its Instagram page. In recent years, Phillips has successfully carved out a niche for itself by holding sales of cutting-edge contemporary art, photography and design, in addition to conducting private treaty sales. This partnership with a major player in the luxury sector will allow us to provide a unique platform to new and fast growing markets, de Pury said in the statement. Unofficially, senior Phillips folks are reaching out to investors like Hall to convince them to continue to do business with the auction house, Hall said. Source: Nezavisimaya Gazeta, 22 October 2003. Born in 1969, Strunin is the Chairman of Mercury, the largest Russian luxury retailer, selling watches and clothes as well as cars. Mercury also holds the Moscow Central Universal Department Store (TSUM), a chain of boutiques and stores in Moscow and regions. But like real estate, the art market has received temporary exemptions from anti-money laundering regulations in the US for the past two decades. The company, Russia's largest luxury goods retailer, was set up in 1993. "They are quite young, mostly in their 30s and up to 45, and they are quite well educated about fashion and they would like to know more," Friedland says. In 2008, the company`s revenue amounted to 9, 832 billion roubles, sales proceeds totaled 95 million roubles. Official website : TOP 4: Updating: Official website : TOP 5: Updating: Official website Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. Copyright 2023 Promedia Digital Ltd. All Rights Reserved. The historic building, near the Bolshoi, will be refurbished to its former grandeur, enlarged with a new development at the back, and become a palace of brands. 2. Aside from its owners referred to in the art world as the two Leonids the other most visible Russian in the British art world is Peter Aven, a UK-based oligarch who stepped down from a London-based investment conglomerate and a prestigious Royal Academy position after he and other oligarchs were hit by EU sanctions. Neither Mr Fridlyand nor Mr Strunin is on a US or UK sanctions listand Phillips told The Art Newspaper it wouldnt do business with anyone who was on a sanctions list. The holding company runs a chain of luxury stores across the country,. De Sole is already on board for Gucci and Yves Saint Laurent stores and Mercury expects Brioni and Dolce & Gabbana to sign up, Roberto Cavalli to open a Just Cavalli cafe and Armani Casa to be the foundation of lifestyle and home ranges. Dtenue depuis 2008 par les Russes Leonid Friedland et Leonid Strunin (propritaires de Mercury Group), Phillips avait t rachete pour prs de 60 millions de dollars au commissaire-priseur et marchand suisse Simon de Pury. This sum only covers the period of 2006-2009, with TSUM using the simplified scheme in 2004-2007. Today, there are calls for its boycott. Hall, whose collection of more than 5,000 pieces includes noted works by Ed Ruscha, Barbara Kruger and Julian Schnabel, told The Post he bought something from Christies another competing auction house on Wednesday, but wouldnt buy from Phillips. Feeling responsible for the expenses incurred by the firm, Borodin asked Bhegjet Pacolli to pay for Skuratov. Phillips accounts for around one third of the 400 million spent on luxury watches at auction in 2021, a record year for the sector. As the financial world unites to launch powerful sanctions against Putins oligarchs, the art auction season has begun in London as if nothing has changed. The company received the Saint-Petersburg project as far back as 2005, but has failed to meet the deadline. For more information read our Terms & Conditions and Privacy Policy. Among them are Gennady Timchenko, an energy mogul and owner of investment firm Volga Group who has a track record of working to promote Russian heritage abroad through arts and cultural initiatives. I would not like to be the auctioneer this week, one lead auctioneer told the paper. In the Luxury Goods industry, Leonid Friedland has 3,377 colleagues in 246 companies located in 32 countries. For example, the billionaire Roman Abramovich, the owner of Chelsea football club, placed the club under the stewardship of a trust over the weekend, no doubt a defensive measure given his reportedly close relationship with the Russian president Vladimir Putin. A Phillips statement said that its sales of contemporary art rose 80 percent between 2007 and 2008. Its holdings include the Tretyakov Projezd and Barvikha Luxury Villageboth high-end. Mysterious Tomb Unearthed in Armenia, Containing a Couple Who DiedTogether. He is also the founder of TSUM Art Foundation. owner of investment firm Volga Group who has a track record of working to promote Russian heritage abroad through arts and cultural initiatives. After Rei Kawakubo (Comme DesGarons) took the young Russian designer and photographer under her wing in 2010, he became a household name among the world's fashion buffs. Phillips runs a good operation, but so did German companies during WWII who were intimately involved with the Nazis, Hall wrote on his Instagram account. Skuratov was very worried about the fact that his suits were paid by Mabetex, and he gave Borodin $10.000 pay-in, asking for the receipt. Only a boycott of Phillips sales will get the attention of the world and the owners of Mercury to hopefully influence Putin to change his current chosen course of action. Select from premium Leonid Friedland of the highest quality. In 2005, the duo also launched the Barvikha Luxury Village development. However, none of its competitors believe it. carson wentz rushing yards per game. Leonid Strunin. Despite Phillips CEO condemning invasion of Ukraine, some argue that only a boycott will force owners to put pressure on Kremlin. The suites were paid for by the firm Mabetex. On his 50th birthday Leonid Friedland and Leonid Strunin presented their friend Igor a 250.000 grey Bentley (M 768 MM 77). The auctioneer has also organized selling exhibitions of work by such contemporary artists as Julian Schnabel and Mario Testino, and represents the estate of Helmut Newton. We call for an immediate cessation of all hostilities in the strongest possible terms.. Name: Leonid Surname : Strunin Middle name : Izyaslavovich Post : General Director of Russian Art - XXI century Biography Born in 1969, Strunin is the Chairman of Mercury, the largest Russian luxury retailer, selling watches and clothes as well as cars. Over lunch in Milan, he and Alexander Reebok, Mercury's general manager, described their ambitious project to bring a purpose-built wood and steel luxury shopping village, with spa, restaurants and a hotel, to Zhukovka, an area where the dachas are a playground for the new super-rich. Friedland v Strunin cng s hu Mercury Retail Group, mt trong nhng nh bn l hng xa . Other partners with a stake in the auction house include Phillips contemporary-art director Michael McGinnis and international specialist Michaela Neumeister. Mercury has stated that the city government pushes them towards purchasing these commercial spaces on upcoming auction, scheduled on November, 3. In 2001 they established BoscoSport, which dressed the IOC officials at the Olympics in Rio. Two influential Russian figures in the global fashion business, Fridlyand and Strunin were amongst the first to establish early franchise and distribution rights for brands such as Dolce & Gabbana, Gucci and Prada within the former Soviet Union. Friedland is said to look like Pierre Bezukhov, except that Pierre Bezukhov was not a diamond trader, and Friedland is the CEO of Mercury, the company selling luxury watch brands and jewelry in Russia. 9. Efforts to reach the Russian owners for comment were unsuccessful, although it is understood that the Russian nationals are in sympathetic sync with their auction house top brass in calling for peace. Dzhabrailov came to the party escorted by the milicia security guards and two blondes. Even Exxon is pulling out of Russia which it didnt do when Russia invaded Crimea. Phillips is owned by Mercury Group, which is Russias largest luxury-goods company. TD TSUM owns and runs the oldest Moscow department store TSUM, located in the city center. Learn more about Luxury Goods. Email. (The Mercury Group is a Russian luxury-goods business owned by Leonid Friedland and Leonid Strunin, otherwise known as "the Leonids".) The combination of Phillips's recent move uptown from its . The Russian invasion of Ukraine, which took place on February 24th, shocked the whole world. Both are Russian with their address given as Phillips London headquarters in Mayfair and their countries of residence recorded as Monaco and Cyprus, respectively. Traces from a golden toilet brought to Moscow, What "cones" are the threads of the Stavropol octopus, "There is almost no vaccine on the market and will not be added", Safonov is only a tentacle of the Stavropol octopus, Why the FSB does not trust the Main Investigative Directorate of the TFR in the Stavropol Territory, "If you don't help, you will be the 14th corpse". Russian teams have been excluded from world sporting competitions and oligarchs like Roman Abramovich are seeing pressure to sell their teams. Soon the brand closed and Volkova moved to Paris, where she started working as a stylist. If there was a professional performance contest among Russian reshaly (problem-solvers), Major General Igor Alekseevich Borisenko, Counsillor of Justice 3d class and Supreme Court Justice Deparment officer, could won by head. Phillips is listed by Companies House as having two owners "with significant control" - Leonid Fridlyand and Leonid Strunin - Russians who give their address as the company's Mayfair . As the EU, UK and US impose a punishing roster of economic sanctions against Russia for its ongoing invasion of Ukraine, Russian-owned businesses are potentially at risk of suffering collateral damage. Immediately after high school, 17-year-old Volkova went to study at London's Central Saint Martins and in 2004 founded her own brand, Lotta Skeletrix, which made collections of street clothes in the postpunk style. As told by traders, Mercury`s growth rate is still a biggest puzzle of the luxury market. All Rights Reserved. Mercury is also Russias largest retailer of luxury watches, Swatch Group has already said it has stopped exporting watches to Russia, Patek Phillipe Nautilus watch created with Tiffany, LVMH and Richemont suspend operations in Russia, Breitling CEO joins street protest against Russian invasion of Ukraine, eBay auctions Milus Snow Star Boreal Green to raise money for Red Cross in Ukraine, Christopher Ward gifts Ukraine watch to 18-year-old refugee from his war-torn country, Sanctions push Harrods to limit watch sales to Russian customers. That seller is starchitect Norman Foster. couscous salad with raisins and almonds. In 2002 Time magazine placed its owners on the list of 25 most influential people in the world of fashion. After LVMH owner Bernard Arnault acquired a majority stake in 1999, the company made an unsuccessful attempt to compete with Sothebys and Christies, often through aggressive use of guarantees, which were not always recouped at auction. (Ralph Lauren is still being vigorously courted). The luxury group started with a 30-square-meter (322-square-foot) shop selling watches that has developed into the current focus on jewelry brands that include Bulgari, Chaumet, Chopard, Graff, de Grisogno and Tiffany. Head of the Property Department Vladimir Silkin claimed that TD TSUM gains illegal profits from sales on city territory. Has said it doesnt expect sanctions to affect its business but like real estate, the art simply. Far back as 2005, the duo also launched the Barvikha luxury Village development Gosha Rubchinsky to! 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