Their visit to the luxury shops was related to the inspection of Ecolux, Mercury`s agent for international buying. 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. Khatulya Avsadzhanashvili, general director of Babochka. According to the statement from Phillips, talks with Mercury Group began in July 2007 and continued for more than a year. As told by traders, Mercury`s growth rate is still a biggest puzzle of the luxury market. All rights reserved by Rossiyskaya Gazeta. On his 50th birthday Leonid Friedland and Leonid Strunin presented their friend Igor a 250.000 grey Bentley (M 768 MM 77). 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. We have seen how the world of banking, travel, leisure, sport and culture have responded to the crisis. Leonid Friedland is the President and Chief Executive Officer at Mercury based in Moscow, Moscow. Hasonlan nehz helyzetbe kerlt az orosz kzben lev brit aukcishz, a Phillips is orosz tulajdonosi httere miatt. to return $6400 to Borodin, according to the receipt. Named after the Roman god of commerce, the Mercury Group, one of Russias largest retail and real estate conglomerates, was founded by Leonid Fridlyand and Leonid Strunin in 1993. The World's Premier Art Magazine since 1913. Now Mercury is about to double its customer reach and its 1,000 strong work force by refurbishing TSUM, the dowager grand duchess of department stores, which brought luxury to Moscow in Russia's Belle Epoque. 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. Anyone can read what you share. The lucrative sales are typically popular with Russian collectors, and a number of the wealthiestincluding Putin allies Petr Aven, who recently . The people shaping the global fashion industry, curated by the editors of The Business of Fashion, based on nominations and on-the-ground intelligence from around the world. 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. Miroslava Duma, publisher of Buro 24/7. 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.. Despite Phillips CEO condemning invasion of Ukraine, some argue that only a boycott will force owners to put pressure on Kremlin. Other partners with a stake in the auction house include Phillips contemporary-art director Michael McGinnis and international specialist Michaela Neumeister. 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. Testimony about a serial killer appeared in the case of the judge's son and ex-deputy prosecutor Father is in prison, children are withdrawing money to London and are chic, The Moscow authorities have transferred 6 billion rubles to the firm of the mafia "Mercator", As Sobyanin, Biryukov and Nikolaev issue Swiss technology for the Russian, Mercator plus Artamonov and Biryukov equals resignation, Officials fell into the mafia web of the "Mercator", As the company of Don Simeon carries civilian aircraft in Zurich, Career Andrei Tarasenko ruined the "Mercator", Company mafia lets officials "under the escarpment", The "Mercator" of Don Simeon and the provincial governor Andrei Tarasenko, The firm of the mafia goes to conquer Primorye. In 2005, the duo also launched the Barvikha Luxury Village development. Mercury Group was established in 1994 by Friedland and Leonid Strunin, who are known to be its principal owners. "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. Friedland denied that, and Sberbank refused to comment on the situation, referring to trade secrets. I am glad he [Stephen Brooks] has said this but at the end of the day it is just words. The list includes a number of Russians but who are they? 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. TD TSUM owns and runs the oldest Moscow department store TSUM, located in the city center. Subscribe today and save! Along with the rest of the art world, we have been shocked and saddened by the tragic events unfolding in the region. 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. On Thursday, Phillips the Russian-owned auction house will hold a 20th Century and contemporary art auction where a three-picture series by artist Francis Bacon is expected to fetch up to $73 million. 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. Construction and infrastructure magnates, Boris and Igor Rotenberg, who were investigated for circumventing sanctions to buy art in 2020, have also been targeted. People take note of the Conservative MP who said that everyone who is Russian should be sent back and another who suggested Russian deposits should be limited to 50,000., They added: The collectors of art are rare in any group but it might be a higher percentage among this group because they have the means, the time and also the interest and incentive. The post quoted a message from Stephen Brooks, the auction house's chief executive: We at Phillips unequivocally condemn the invasion of Ukraine. Click here to find out more. 2. Leonid Friedland and Leonid Strunin, owners of Mercury Group, Leonid Friedland (right) and Leonid Strunin (center) / Source: PhotoXpress. Mercury will build a five-star hotel, Armani, Dolce & Gabbana, Prada, Gucci and Chopard boutiques, restaurants, a concert and conference hall in the area of 8 hectares. In 2002 Time magazine placed its owners on the list of 25 most influential people in the world of fashion. 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 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. 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. 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. 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. 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. 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. 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. 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. They say that until recently, this luxury trader has enjoyed bringing his Mom to the high-end parties, that certainly speaks volumes for him, as well as the Mercury annual turnover, estimated at $150 million. The colleagues of Leonid Friedland. Update the org chart details of Leonid Friedland. Inspectors found that TSUM had been using this strategy of social tax evasion since 2004. u thng ny, Matthew Girling, cu Gim c iu hnh ca Bonhams, ni vi Art Newspaper rng mi ngi nn ty chay Phillips, cng ty thuc s hu ca ngi Nga Leonid Friedland v Leonid Strunin. Phillips, Sothebys and Christies are expected to generate more than $800 million in sales this week up 35% from last year. 4. She covered all the roles in the magazine: journalist, art director and photographer. Some buy art but many others go to exhibitions or become patrons and its maybe higher than your normal new London intake and they use it to get acquainted culturally here.. Subscribe to The Art Newspapers digital newsletter for your daily digest of essential news, views and analysis from the international art world delivered directly to your inbox. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. For more updates about the The BoF 500 subscribe to the Daily Digest newsletter. Yet Leonid Friedland is one of the most powerful men in fashion. It is small, centrally located in Moscow and sells the Maison Margiela and Nina Donis brands, along with designer souvenirs, art books and other things. 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. He suggested ordering suits from the firm Zegna, Property Management Department`s official partner at that time. He is also the founder of TSUM Art Foundation. 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. Today, there are calls for its boycott. Borodin didn`t accept Skuratov`s money, for he considered Scuratov`s earnings tiny compared to suites` price. 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. Phillips has said it doesnt expect sanctions to affect its business. The duo also currently operate franchises for luxury car makers such as Ferrari, Maserati and Bentley and in 2008 acquired art auctioneers Phillips de Pury & Company, further expanding their extensive luxury portfolio. As a subscriber, you have 10 gift articles to give each month. I never bought a plane or a yacht. Anyone involved in this auction has blood on their hands, one outraged art consultant who did not want to be named told The Post. 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. 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". 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. 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. 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. Here is how the art world responds to the conflict. All my money goes into art, he said. Born in 1969, Strunin is the Chairman of Mercury, the largest Russian luxury retailer, selling watches and clothes as well as cars. The Instagram post featured a blue and yellow abstraction by Ellsworth Kelly, the same colours of the Ukrainian flag. One of the principal divas of Russian cinema, Litvinova is a student and follower of the great filmmaker Kira Muratova. 5. Mikhail Kusnirovich and Ekaterina Moiseeva, owners of Bosco di Ciliegi. Previously, Leonid was the Board of Trustees Mem ber at The State Hermitage Museum. 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. Commenting on that, Scuratov explained that in late spring of 1997, the Kremlin's chief property manager Pavel Borodin informed him that the President had ordered to provide officials with formal suits, supposedly from government funds. Mercury Group was established in 1994 by Friedland and Leonid Strunin, who are known to be its principal owners.. The U.K. announced sanctions targeting five banks and high net worth Russian oligarchs in Vladimir Putins close circle. NEW YORKRussian luxury-goods company Mercury Group has acquired auction house Phillips de Pury & Company for an undisclosed price. Name: Leonid Surname : Friedland Middle name : Yakovlevich Post : President and co-owner of Mercury Group Biography Born in 1969. He is not stingy at all and easily gives a discount to people whom he finds agreeable. Az aukcis hzat a kt orosz zletember, Leonid Friedland s Leonid Strunin ltal alaptott Mercury Group vsrolta meg 2008-ban kzel 60 milli dollrrt. "People already had a great sense of taste and quality; it has always been there and how could luxury die?" Avsadzhanashvili is head of the family business that her parents established in 1988. Leadership Insights for the 21st Century All Rights Reserved. Aucun des deux actuels propritaires de Phillips ne figure sur les listes de sanction et si l'identit des . Contact. 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. 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. We call for an immediate cessation of all hostilities in the strongest possible terms.. 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. Two influentialRussian 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. All rights reserved. Its holdings include the Tretyakov Projezd and Barvikha Luxury Villageboth high-end shopping centersand TSUM, its flagship department store, next door to Moscows Bolshoi Theater. Fridliand says that all investions are made from the annual net gain; Mercury`s policy allegedly has no room for taking out loans or selling shares. 100 years of fashion in Russia: 1915-2015>>>. In an Instagram post on March 1, the companys CEO Stephen Brooks reacted with dismay to the organizations 289,000 followers at the invasion of Ukraine. I am glad he [Stephen Brooks] has said this but at the end of the day it is just words. 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. (The Mercury Group is a Russian luxury-goods business owned by Leonid Friedland and Leonid Strunin, otherwise known as "the Leonids".) Mercury reputedly paid around US$60 million to acquire a majority share, although the actual transaction was private. Today she continues to publish the magazine and also works as creative consultant for clients such as Kanye West. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. 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. Therefore, allowing this to go on when the UK is trying to tighten up its financial system shows a lack of commitment to close the loopholes, Shelley said of the Thursday auction. cam newton meeting with panthers / nainital lake distance / nainital lake distance Leonid Strunin is a founder of the Mercury Group, which is a Russian company that owns the Phillips art auction house. Get our latest stories in the feed of your favorite networks. The holding company runs a chain of luxury stores across the country . From talking to Pacolli, he learned about the sum of approximately $30.000 paid for the suits. By Elizabeth Howcroft LONDON, March 16 (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. Email. Owned by Leonid Friedland and Leonid Strunin, Mercury Group is Russia's largest luxury retail company. We at Phillips unequivocally condemn the invasion of Ukraine. Source: History of criminal case N 18/277049-99. 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 . Russian mogul Leonid Friedland, who runs Moscow luxury retail company. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. Hailed as the czars of Russian retail, the business duo brought brands like Gucci and Brioni to their native country. The holding company runs a chain of luxury stores across the country, including the Moscow department store Tsum. The combination of Phillips's recent move uptown from its . By Suzy Menkes, International Herald Tribune. All bets are off now. Phillips has had its share of ups and downs in the past decade. A post shared by Phillips (@phillipsauction). The holding company runs a chain of luxury stores across the country,. Skuratov himself decided how many suites he needed to purchase. Mysterious Tomb Unearthed in Armenia, Containing a Couple Who DiedTogether, Phillips Reaches $1.3 B. in 2022, But Asia Sales Declined, ArtPrize's Board Disbands, German Government Buys Back Hamburger Bahnhof's Building, and More: Morning Links for November 16, 2022. Leonid Friedland and Leonid Strunin, owners of Mercury Group Leonid Friedland (right) and Leonid Strunin (center) / Source: PhotoXpress The company, Russia's largest luxury goods. 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