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. Leonid Strunin. ARTnews is a part of Penske Media Corporation. 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. Both are Russian with their address given as Phillips London headquarters in Mayfair and their countries of residence recorded as Monaco and Cyprus, respectively. In January 1998, the Swiss attorney general Carla Del Ponte informed Scuratov about Behgjet Pacolli`s testimony that Mabetex had paid for tailoring. Or, as Gucci's Domenico de Sole puts it: "If you want to do business in Russia, they do an excellent job.". Mercury has stated that the city government pushes them towards purchasing these commercial spaces on upcoming auction, scheduled on November, 3. 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. Despite Phillips CEO condemning invasion of Ukraine, some argue that only a boycott will force owners to put pressure on Kremlin. Friedland v Strunin cng s hu Mercury Retail Group, mt trong nhng nh bn l hng xa . 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. More assertive action needs to be taken to try and stop what is going on in Ukraine. 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. 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). 2. 5. 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 Feeling responsible for the expenses incurred by the firm, Borodin asked Bhegjet Pacolli to pay for Skuratov. ARTnews is a part of Penske Media Corporation. Subscribe today and save! The holding company runs a chain of luxury stores across the country,. Owned by Leonid Friedland and Leonid Strunin, Mercury Group is Russia's largest luxury retail company. Get our latest stories in the feed of your favorite networks. Mercury is also Russia's largest retailer of luxury watches. 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. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. Despite it donating 5.8m to the Ukrainian Red Cross Society from a recent auction in London, and its CEO condemning the Russian invasion, those calling for the company to be shunned argue that only a boycott will force its Russian business figures such as its owners Leonid Friedland and Leonid Strunin to put pressure on the Kremlin. 100 years of fashion in Russia: 1915-2015>>>. 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. Leadership Insights for the 21st Century Since 2008, the auction house has belonged to Leonid Friedland and Leonid Strunin, the owners of Russian luxury group Mercury. We at Phillips unequivocally condemn the invasion of Ukraine. 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. Skuratov himself decided how many suites he needed to purchase. Construction and infrastructure magnates, Boris and Igor Rotenberg, who were investigated for circumventing sanctions to buy art in 2020, have also been targeted. 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. Born in 1969. All Rights Reserved. Besides that, Strunin has told about the fact that took place in 1998, when Mabetex made a transfer of about $100.000 to Ermeneglido Zegna, allegedly for tailoring male suites. The billionaires obviously came but then they brought a next wave, including those who worked with and for them as well as others who came simply because they could, said one concerned Russian whose business is part of a network of advisories and consultancies catering for compatriots needs on schooling, property and culture. In that same vein, it is understood the owners are not the subject of any sanctions or affiliated with any parties targeted by sanctions. 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. 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. Enter your email to join the thousands of other professionals receiving breaking news from WATCHPRO. The company is involved in famous brand retail, mainly in St. Petersburg. 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. The U.K. announced sanctions targeting five banks and high net worth Russian oligarchs in Vladimir Putins close circle. 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. Everybody knows about a $40 million buyer`s loan received from Sberbank, when Mercury purchased a building complex in Tretyakovsky proyezd. As for the multiple overpricing of luxury goods, in comparison with its producing country, there is no crime, because one is free to price the goods as far as they meet a ready sale. His greatest pride is his tank with piranhas. 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. Today, there are calls for its boycott. With reported annual revenues of more than $8 billion, the company operates high-end department stores and shopping centers, including the prestigious TsUM . 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. As with the football club, critics such as Hall believe Phillips ties with Russia should now be severed. Can the art market simply ignore it and carry on as normal?. We do not expect the recent sanctions to affect our business, a spokesperson for the auction house said, adding that Phillips does not conduct business with any individuals or institutions who are subject to sanctions.. Inspectors found that TSUM had been using this strategy of social tax evasion since 2004. Click here to find out more. Dior and Saint Laurent: Twilight of the Gods. 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. says Reebok. As a subscriber, you have 10 gift articles to give each month. Borodin didn`t accept Skuratov`s money, for he considered Scuratov`s earnings tiny compared to suites` price. At Mercury Group, Leonid Friedland has 1 colleague. The Russian group has owned Phillips since 2008, when it acquired the company from Simon de Pury for an estimated $60 million. 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 . Strunin has identified a suit, confiscated from Skuratov, stating confidently that it is in fact made by Ermeneglido Zegna. 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. 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. Moscow was literally springing back to life, with new galleries and glimpses of hope. I am glad he [Stephen Brooks] has said this but at the end of the day it is just words. 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. 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 Friedland and Strunin also own the Mercury Retail Group, one of Russia's largest luxury goods retailers. Mercury is run by Leonid Friedland and his associate, Leonid Strunin. Its upsetting because its a step towards changing the culture, too. Phillips also recently announced its exclusive representation of photographer Annie Leibovitz (see story below). I would not like to be the auctioneer this week, one lead auctioneer told the paper. Russian mogul Leonid Friedland, who runs Moscow luxury retail company. One cannot imagine a list of world-famous Russians without top model model and mother of four Natalya Vodyanova. Az aukcis hzat a kt orosz zletember, Leonid Friedland s Leonid Strunin ltal alaptott Mercury Group vsrolta meg 2008-ban kzel 60 milli dollrrt. 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. For more information read our Terms & Conditions and Privacy Policy. 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. Biography . That amounts to Borisenko monthly wage of $50.000. 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. 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 Instagram post featured a blue and yellow abstraction by Ellsworth Kelly, the same colours of the Ukrainian flag. "And I haven't seen anywhere such a cluster of luxury goods presented without altering the spirit," says Umberto Angeloni, CEO of Brioni, which already has three stores in Moscow. 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. Br a szankcis listn egyikk sincs rajta, s a cg Instagramra kitett posztja alapjn . The consigner then was the New York collector and dealer Adam Lindemann who acquired the early painting at Sothebys London in June 2004 for 2.4m (including fees). But the list is changing fast. Owned by Leonid Friedland and Leonid Strunin, Mercury Group is Russias largest luxury retail company. The company received the Saint-Petersburg project as far back as 2005, but has failed to meet the deadline. 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. Even Exxon is pulling out of Russia which it didnt do when Russia invaded Crimea. "It is not as successful as showing it off. Matthew Girling, chief executive of Bonhams until 2020, told The Art Newspaperhe believes people should still boycott Phillips over its Russian links. 8. Along with the rest of the art world, we have been shocked and saddened by the tragic events unfolding in the region. Phillips, Sothebys and Christies are expected to generate more than $800 million in sales this week up 35% from last year. Renata Litvinova, actress, director and creative director at the Numro Russia magazine. In autumn and winter 1997, Skuratov received 14 suites. After Borodin had left, Skuratov counted the money to realize that he was given back the same $10.000. 4. But like real estate, the art market has received temporary exemptions from anti-money laundering regulations in the US for the past two decades. Art markets are the perfect way to move money and not trace beneficial ownership, Louise Shelley, director of the Terrorism, Transnational Crime and Corruption Center at George Mason University told The Post. UK freezes assets of seven Russian oligarchs including Roman Abramovich, Original reporting and incisive analysis, direct from the Guardian every morning. 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. Soon the brand closed and Volkova moved to Paris, where she started working as a stylist. 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.. 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. Borodin took Skuratov to the tailor to be measured, then he placed an order for 6 suits. Source: History of criminal case N 18/277049-99. 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. Born in 1969. 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. Its holdings include the Tretyakov Projezd and Barvikha Luxury Villageboth high-end. But Friedland discounts the idea that Russian clients are all about gold taps and flash taste. Former Bonhams C.E.O. 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. Their visit to the luxury shops was related to the inspection of Ecolux, Mercury`s agent for international buying. But away from high-profile billionaire Russians, a chill wind of uncertainty is also being felt lower down the economic ladder by a much larger cohort of Russian art lovers in London, who used a now-axed golden visa scheme allowing wealthy foreign investors a fast track to live in the UK. A day after the horrific bombing of a Ukrainian maternity hospital, visitors to the Mayfair offices of the Russian-owned auction house Phillips could not help but wonder if an event preview seemed subdued. 2023 Art Media, LLC. 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.. 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. Friedland and Strunin have not been named among the people whose assets are being frozen by the U.S. and U.K., though even businessmen who are not being hit with sanctions could face difficulties going forward. He didn`t pay for the suits. This intermediary firm was charged with regular custom value underreporting. Mercury reputedly paid around US$60 million to acquire a majority share, although the actual transaction was private. According to the statement from Phillips, talks with Mercury Group began in July 2007 and continued for more than a year. In February 1998, Borodin gave him a $6400 payment receipt and some foreign currency cash. Contemporary art star Anish Kapoor considers "Phillips as legitimate a target as the Chelsea football club", formerly owned by Roman Abramovitch. Nine of the 10 most expensive watches were sold through Phillips in 2021, including a brand-new reference 5711 Patek Phillipe Nautilus watch created with Tiffany, which initially sold for $6.5 million, before the winning bidder withdrew and the second, under bidder was awarded the sale. 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. He called Borodin on it, then gave him $10.000, requesting a receipt to prove the payment for suits. 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. Kusnirovich and Moiseeva own another very large retailer Russias leading department store, GUM on Red Square. 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. We call for an immediate cessation of all hostilities in the strongest possible terms, he said. Other than suggesting . The Ukrainian Red Cross Society is doing incredible work to support and protect people in the region, and it is our hope that the 5.8 million of buyers premium and vendors commission from our Evening Sale will help this extraordinary charity as they continue their life saving mission, Mr Brooks shared. This website uses cookies. All my money goes into art, he said. The first stores are to be opened by 2011, the whole Village Project to be completed by the start of the Olympic Games. 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. Some collectors are calling for a boycott of the Phillips auction on Thursday. It has 35 jewellery and watch boutiques in Moscow, seven in St Petersburg and five in Sochi representing Rolex, Patek Philippe, Chopard, Hublot, Breguet, Girard-Perregaux, Tudor, Zenith, Bell & Ross, Breitling, Blancpain, De Bethune, Urwerk, DeWitt, Greubel Forsey, Ulysse Nardin, TAG Heuer, Gucci and Channel. The suites were paid for by the firm Mabetex. By Elizabeth Howcroft. 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. 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. It was founded in 1993 by Russian entrepreneurs Leonid Fridlyand and Leonid Strunin, who are reportedly close to Putin. 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. In 2006-2007, the TSUM (principal owner is the luxury retailer Mercury) signed contracts with 24 staffing agencies, all of them using a simplified taxation scheme. He is also the founder of TSUM Art Foundation. 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. Khatulya Avsadzhanashvili, general director of Babochka. Mercury carefully distanced from Ecolux`s troubles with customs. Arnault sold his majority stake in 2002. For his relationship with Borodin was damaged, Skuratov asked his deputy Kolmogorov V.V. We call for an immediate cessation of all hostilities in the strongest possible terms.. cam newton meeting with panthers / nainital lake distance / nainital lake distance She has opened several Babochka multi-brand boutiques, which represent brands such as Stella McCartney and Valentino, as well as mono-brand boutiques selling merchandise by Chanel, Fendi, Giorgio Armani and others. Official website : TOP 4: Updating: Official website : TOP 5: Updating: Official website carson wentz rushing yards per game. 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. They provided the donation but its really not back to business as usual, and I think buyers and consignors should take their business elsewhere. In Russia, besides modeling for Guerlain, Louis Vuitton, Marc Jacobs and other brands, Vodyanova is famous for her charity work. Phillips accounts for around one third of the 400 million spent on luxury watches at auction in 2021, a record year for the sector. All companies operating in the UK have to file accounts annually at Companies House with details of their finances and ownership. In 2003, the Central Customs Administration took an inventory of Armani, Gucci, Zegna and Dolche&Gabbana stores owned by Mercury in Moscow. His face expresses ultimate self-sufficiency. Miroslava Duma, publisher of Buro 24/7. At the time of the major private deal, Russia had recently emerged as a key art market player. TSUM was the main venue for the Second Moscow Biennale of Contemporary Art, and Barvikha Luxury Villagein a billionaire enclave just outside the citywas the venue for a Gagosian Gallery exhibition last October. 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TD TSUM owns and runs the oldest Moscow department store TSUM, located in the city center. The company posted a Ukrainian flag on its Instagram page. However, none of its competitors believe it. 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. Owned by Leonid Friedland and Leonid Strunin, the Moscow-based Mercury Group is the largest luxury retailer in Russia. 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. Needed to purchase all my money goes into art, he said US $ million. Gave him a $ 40 million buyer ` s loan received from,... Until 2020, told the art world, we have been shocked and saddened by start... % from last year % from last year information read our Terms & and. 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