We've received your submission. His greatest pride is his tank with piranhas. He is a bit vain, though carefully conceals this fact: his photograph is kept behind the wall of his office and can be shown only to chosen ones. Even Exxon is pulling out of Russia which it didnt do when Russia invaded Crimea. 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. Owned by Leonid Friedland and Leonid Strunin, the Moscow-based Mercury Group is the largest luxury retailer in Russia. Phillips has had its share of ups and downs in the past decade. I never bought a plane or a yacht. Mercury Group was established in 1994 by Friedland and Leonid Strunin, who are known to be its principal owners. Deputy Head of Moscow City Government Iosif Orjonikidze, head of Sobinbank Alexander Zanadvorov, show-biz entrepreneur Boris Zosimov with his wife Polina, Chairman of Mercury Leonid Strunin, president of the BIN bank Mikhael Shishkhanov and head of SVA bank Sergey Kovanda. Russian mogul Leonid Friedland, who runs Moscow luxury retail company. All my money goes into art, he said. We want to hear from you! 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. 2023 The Business of Fashion. In November 2011, committee for the administration of state property hesitated to approve the new deadline, suspecting that the company would sell the DLT to Gasprom as the office space. 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 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. Source: Nezavisimaya Gazeta, 22 October 2003. Feeling responsible for the expenses incurred by the firm, Borodin asked Bhegjet Pacolli to pay for Skuratov. 3. I have no idea if they will stay, to be honest, and it is very worrying. Br a szankcis listn egyikk sincs rajta, s a cg Instagramra kitett posztja alapjn . The art world is delusional if it feels it can escape it.. This website uses cookies. 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. One director of Sothebys another auction house told the Telegraph that they were checking bulletins hourly to see whether any of their buyers and sellers were on any government sanctions lists. 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. Both are Russian with their address given as Phillips London headquarters in Mayfair and their countries of residence recorded as Monaco and Cyprus, respectively. We have seen how the world of banking, travel, leisure, sport and culture have responded to the crisis. He is also the founder of TSUM Art Foundation. 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. 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. 2. Mercury reputedly paid around US$60 million to acquire a majority share, although the actual transaction was private. Their retail network has almost 200 mono-brand boutiques all over Russia, among which are Armani Collezioni, Etro, Gucci, Max Mara, Audemars Piguet and Blancpain. We call for an immediate cessation of all hostilities in the strongest possible terms, he said. 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. 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. Aucun des deux actuels propritaires de Phillips ne figure sur les listes de sanction et si l'identit des . In February 2016 she worked on Sander Lak's debut with the brand Sies Marjan. Borodin took Skuratov to the tailor to be measured, then he placed an order for 6 suits. For instance, a men`s Zegna wool costume was declared as worth $100, but in Moscow its sale price soared over $3,000. 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. Mercury has stated that the city government pushes them towards purchasing these commercial spaces on upcoming auction, scheduled on November, 3. They are owned by the luxury brands company Mercury Group, headed by two Russian owners, Leonid Friedland and Leonid Strunin. The holding company runs a chain of luxury stores across the country,. UK freezes assets of seven Russian oligarchs including Roman Abramovich, Original reporting and incisive analysis, direct from the Guardian every morning. In Russia she has been the face of various brands, from Rado to Carrera y Carrera. Having created from a rundown arcade, the Tretyakov Projezd, a mall of brands that Friedland describes as "Moscow's Via Montenapoleone" (referring to the upscale Milan street), Friedland has discovered more fertile areas to seed with its luxury brands from Fendi furs through Tod's shoes. One of the principal divas of Russian cinema, Litvinova is a student and follower of the great filmmaker Kira Muratova. Friedland and Strunin, who are not subject to any sanctions, list their addresses on Companies House as the Berkeley Square headquarters of Phillips, which was acquired in 2008 by their Russian luxury goods company, Mercury Group. Still, Phillips said it doesnt fear financial hardship as a result of the war in Ukraine. In February 1998, Borodin gave him a $6400 payment receipt and some foreign currency cash. Borodin didn`t accept Skuratov`s money, for he considered Scuratov`s earnings tiny compared to suites` price. However, none of its competitors believe it. Leadership Insights for the 21st Century Friedland says that he is mulling expansion to St. Petersburg and also of rolling out department stores across the former Soviet Union. 9. Yet Leonid Friedland is one of the most powerful men in fashion. Russian Vogue wrote about the 33-year-old stylist from Vladivostok saying that, " she introduced the 'new Russian' style of 'guys from the neighborhood' to high fashion.". Asked if he thought the Russian ownership label would harm Phillips's reputation, Albert Biton, a New York private dealer active in the auction trade tells The Art Newspaper: No, it wont affect their business because art collectors are not that thoughtful about it. The company representatives stated that the name Ecolux meant nothing to them, and they are not aware of any supplier with such name. Tom Ford Along with the rest of the art world, we have been shocked and saddened by the tragic events unfolding in the region. . Yet Leonid Friedland is one of the most powerful men in fashion. In autumn and winter 1997, Skuratov received 14 suites. But the list is changing fast. Boasting an extensive real estate portfolio, the duo have overseen the construction of the countrys most prominent luxury developments such as the TsUM department store housed in a historical building close to the Bolshoi Theatre in Moscow the DLT TsUM in Saint Petersburg and the affluent Tretyakovsky Proezd shopping arcade. 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. Friedland and Strunin have not been named among the people whose assets are being frozen by the US and UK, though even businessmen who are not being hit with sanctions could face difficulties going forward. The watch firm Lange and Peter Avens investment firm have been approached for comment. 4. The two Russians who own Phillips and control a business empire in Russia Leonid Friedland and Leonid Strunin are not on the same plane as Abramovich, though. 1994 - Present, Vice President, Mercury Group, Chief Executive Officer, Tsum, Former Co-Chief Executives, Westfield Group, Senior Vice President, Public Affairs and Communications, Hearst Corporation. Dzhabrailov came to the party escorted by the milicia security guards and two blondes. He suggested ordering suits from the firm Zegna, Property Management Department`s official partner at that time. carson wentz rushing yards per game. Owned by Leonid Friedland and Leonid Strunin, the Moscow-based Mercury Group is the largest luxury retailer in Russia. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. Ironically, or so it would seem, Phillips also announced on Monday that it would be selling Jean-Michel Basquiats massive Untitled painting from 1982 from the collection of the Japanese billionaire Yusaku Maezawa in its 20th century and contemporary art sale in May in New York . Some people say they dont want to mix business and politics, but thats ridiculous, Hall said. ARTnews is a part of Penske Media Corporation. But like real estate, the art market has received temporary exemptions from anti-money laundering regulations in the US for the past two decades. Strunin has identified a suit, confiscated from Skuratov, stating confidently that it is in fact made by Ermeneglido Zegna. You have entered an incorrect email address! Friedland and Strunin have not been named among the people whose assets are being frozen by the US and UK, though even businessmen who are not being hit with sanctions could face difficulties. Update the org chart details of Leonid Friedland. The colleagues of Leonid Friedland. Leonid Strunin is a founder of the Mercury Group, which is a Russian company that owns the Phillips art auction house. Later a caf opened in the concept store. 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". Born in 1969, Strunin is the Chairman of Mercury, the largest Russian luxury retailer, selling watches and clothes as well as cars. Also up for auction, according to Londons Telegraph newspaper, are five Monets from the collection of Daniel Snyder, the American owner of the Washington Commanders, formerly known as the Washington Redskins. 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. Read More . Tax-back claims made against TSUM totalled $69 roubles. Set in grounds of over 80,000 square metres complete with hotels, spas and a concert hall, the village also boasts a dedicated shopping street lined with brands such as The secret of the site's success is its combination of large image spreads with short, carefree news pieces about fashion, beauty, culture and society gossip. 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. 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. 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 is owned by Mercury Group, which is Russias largest luxury-goods company. CEO and founder of Russian Art Leonid Strunin explained that on terms of contract, his company is entitled to represent the Italy firm Ermeneglido Zegna, retail its products and accept private orders. We call for an immediate cessation of all hostilities in the strongest possible terms.. Leonid Friedland's Phone Number and Email Last Update. 5. Still, Phillips said it doesn't fear financial hardship as a result of the war in Ukraine. We at Phillips unequivocally condemn the invasion of Ukraine. The first stores are to be opened by 2011, the whole Village Project to be completed by the start of the Olympic Games. The Instagram post featured a blue and yellow abstraction by Ellsworth Kelly, the same colours of the Ukrainian flag. The company should have built a mall and a parking lot on the site of the department store by September 2011, but it exceeded the alotted time. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. Dior and Saint Laurent: Twilight of the Gods. It did feel quiet, said one attender at the preview, where viewers sipped espressos as vintage German-made Lange watches, labelled with six-figure prices in dollars and Swiss francs, lay behind display cases for an exhibition next month. The suites were paid for by the firm Mabetex. In a statement on Friday, theU.S. Department of the Treasurys Office of Foreign Assets Control said that it was targeting the two largest banks in Russia, the Public Joint Stock Company Sberbank of Russia and the VTB Bank Public Joint Stock Company. l***@mercury.ru. 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. Subscribe today and save! Can the art market simply ignore it and carry on as normal?. Owned by Leonid Friedland and Leonid Strunin, the Moscow-based Mercury Group is the largest luxury retailer in Russia. From talking to Pacolli, he learned about the sum of approximately $30.000 paid for the suits. Mercurys properties house boutiques for such fashion brands as Gucci, Prada and Giorgio Armani, as well as showrooms for Ferrari, Maserati and Bentley automobiles. As a subscriber, you have 10 gift articles to give each month. Its holdings include the Tretyakov Projezd and Barvikha Luxury Villageboth high-end. Most people think Simon de Pury is still the owner., However, Matthew Girling, the former chief executive of Bonhams (he left in 2020) and now an independent consultant, tells The Art Newspaper he believes people should still boycott Phillips over its Russian links. Friedland v Strunin cng s hu Mercury Retail Group, mt trong nhng nh bn l hng xa . Her Naked Heart Foundation builds children's playgrounds throughout Russia and creates support centers for handicapped children and their parents. couscous salad with raisins and almonds. Criminal proceedings against ex-Prosecutor General Yuri Skuratov revealed that he had placed an order for 14 tailored suites made by the Italian company Zegna. According to a report in the Russian newspaper Kommersant, the groups 2006 turnover was estimated at $850 million. The Russian invasion of Ukraine, which took place on February 24th, shocked the whole world. Leonid Friedland and Leonid Strunin, owners of Mercury Group, Leonid Friedland (right) and Leonid Strunin (center) / Source: PhotoXpress. Mercury group has managed to extend the term of the House of Leningrad Trade (DLT) refurbishment contract to July. Kawakubo not only dedicated a corner of her cult Dover Street Market in London to his sweaters and sweatpants with Cyrillic writing but also helped him with just about everything else: from sewing prototypes to promotion to selling in her Paris showroom. Neither Fridlyand nor Strunin is on a US or UK sanctions list and Phillips told The Art Newspaper it wouldnt do business with anyone who was on a sanctions list. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. In 2005, the duo also launched the Barvikha Luxury Village development. The company owns fashion boutiques selling Goiorgio Armany, Patek Philippe, Dolce & Gabbana, Prada, Tod's, Rolex, Bvlgari, Tiffany & Co., Chopard, Bentley, Ferrari, Maserati cars and other luxury brands. We call for an immediate cessation of all hostilities in the strongest possible terms.. Top-tier auction houses Christie's, Sotheby's, and Bonhams have all called off their sales of Russian art, slated to take place in London in June, as Vladimir Putin's invasion of Ukraine grinds on and the crisis in that country deepens. We want to hear from you! But some art watchers say thats not good enough. Phillips CEO Stephen Brooks posted on social media that the auction house unequivocally condemn[s] the invasion of Ukraine. On 8.5 acres of green lawns, they include open air sculptures such as Henry Moores Reclining Figure, bought for 19m, Lynn Chadwicks Sitting Couple, a Louise Bourgeois spider sculpture, and a specially commissioned Antony Gormley. Leonid Strunin. Leonid Friedland Owner of the Auction House Phillips Marina Abramovic Performance artist, founder of Marina Abramovi Institute Marina Loshak Director of the Pushkin State Museum of Fine Arts Nicolas Iljine Advisor to the General Director of the State Hermitage Museum, culture consultant Roman Trotsenko Entrepreneur, philanthropist, collector At Mercury Group, Leonid Friedland has 1 colleague. Mercury Group was established in 1994 by Friedland and Leonid Strunin, who are known to be its principal owners. All companies operating in the UK have to file accounts annually at Companies House with details of their finances and ownership. All Rights Reserved. The company owns fashion boutiques selling Goiorgio Armany, Patek Philippe, Dolce & Gabbana, Prada, Tods, Rolex, Bvlgari, Tiffany & Co., Chopard, Bentley, Ferrari, Maserati cars and other luxury brands. 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. Former Bonhams C.E.O. Other partners with a stake in the auction house include Phillips contemporary-art director Michael McGinnis and international specialist Michaela Neumeister. Meanwhile, Hall said that even if people didnt want to boycott Phillips for moral reasons, practical reasons should stop people from placing bids: the risk is that Phillips accounts could be frozen and consignors find they dont see their sales proceeds. 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. Matthew Girling, the former CEO of Bonhams, a competing auction house, told The Art Newspaper that people should boycott Phillips over its Russian links. Mercury's growth parallels the development of post-Communist Moscow, from its big bang of glitz-and-glam new money to the more normal if fragile existing economy. This intermediary firm was charged with regular custom value underreporting. Owned by Leonid Friedland and Leonid Strunin, Mercury Group is Russias largest luxury retail company. The 226-year-old auction house ranks behind only Sothebys and Christies as one of the sectors major international players, and now markets itself as the worlds most dynamic and forward-thinking auction house, with inroads in new markets such as non-fungible token (NFTs). Everybody knows about a $40 million buyer`s loan received from Sberbank, when Mercury purchased a building complex in Tretyakovsky proyezd. Owned by Leonid Friedland and Leonid Strunin, Mercury Group is Russia's largest luxury retail company. ARTnews > Sites in Beirut, Benghazi and Brownsville, Texas, make a most-endangered list But no one argues that, while other emerging markets like China's Shanghai have yet to realize their potential, Moscow has become luxury's land of plenty. However, Mercury ategorically denied any possibility of such a deal. She covered all the roles in the magazine: journalist, art director and photographer. LONDON (Reuters) - Auction houses Christie's, Sotheby's and Bonhams have cancelled sales of Russian art in London in June, part of the art market's response to Western sanctions on Russia as punishment for its invasion of Ukraine. More assertive action needs to be taken to try and stop what is going on in Ukraine. leonid friedland net worth. In 2003, the Central Customs Administration took an inventory of Armani, Gucci, Zegna and Dolche&Gabbana stores owned by Mercury in Moscow. For more updates about the The BoF 500 subscribe to the Daily Digest newsletter. Strunin was aware of that, because he has the right of disposal on the off-shore company Vetra Holding account, used as intermediary by said transaction. Friedland and Strunin also own the Mercury Retail Group, one of Russia's largest luxury goods retailers. Mr Fridlyand and Mr Strunins connection to the watch and jewelry world has not been widely reported but the art world has reacted strongly and is calling for collectors to boycott Phillips auctions, which has flagship operations in Geneva, New York and London. For his relationship with Borodin was damaged, Skuratov asked his deputy Kolmogorov V.V. The World's Premier Art Magazine since 1913. The list includes a number of Russians but who are they? I am glad he [Stephen Brooks] has said this but at the end of the day it is just words. Simon de Pury will continue as chairman of the company and will remain an important shareholder, according to a statement issued by Phillips. Biography . Today she continues to publish the magazine and also works as creative consultant for clients such as Kanye West. Source: Kommersant-Online, 18 January 2012. 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. Can the art market simply ignore it and carry on as normal?. May 15, 2012 | 4:00am Not even a billionaire can rent out the Four Seasons Hotel's luxe Ty Warner suite for a party. By Elizabeth Howcroft. Can the art market simply ignore it and carry on as normal?, Russian banks have been virtually cut off from the world financial system when they were unplugged from the SWIFT payments apparatus. Head of the Property Department Vladimir Silkin claimed that TD TSUM gains illegal profits from sales on city territory. The holding company runs a chain of luxury stores across the country, including the Moscow department store Tsum. Send us a tip using our anonymous form. Hailed as the czars of Russian retail, the business duo brought brands like Gucci and Brioni to their native country.