5. 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. In February 1998, Borodin gave him a $6400 payment receipt and some foreign currency cash. But Friedland discounts the idea that Russian clients are all about gold taps and flash taste. Learn more about Luxury Goods. The company is involved in famous brand retail, mainly in St. Petersburg. 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. Miroslava Duma, publisher of Buro 24/7. I would not like to be the auctioneer this week, one lead auctioneer told the paper. Read More . Phillips auction house has voiced its condemnation of Russias invasion of Ukraine. carson wentz rushing yards per game. 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. Rolex, Audemars Piguet and Patek Philippe said they would not comment when asked by WATCHPRO about their position on Russian invasion of Ukraine. "Around 50 %" of the figure went to cover Phillips's liabilities. His face expresses ultimate self-sufficiency. All my money goes into art, he said. What Mercury thinks of all this and how it affects the health of its investment is a matter of speculation, since principles Leonid Friedland and Leonid Strunin do not speak to the media. 2023 Art Media, LLC. 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. Phillips has said it doesnt expect sanctions to affect its business. 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. Leonid Friedland's Phone Number and Email Last Update. Az aukcis hzat a kt orosz zletember, Leonid Friedland s Leonid Strunin ltal alaptott Mercury Group vsrolta meg 2008-ban kzel 60 milli dollrrt. Former gossip editor at Harper's Bazaar Russia and one of the main Russian it-girls, in 2011 Duma established her own online business, which reconciled art with fashion. Phillips also recently announced its exclusive representation of photographer Annie Leibovitz (see story below). 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. A Phillips statement said that its sales of contemporary art rose 80 percent between 2007 and 2008. Yet Leonid Friedland is one of the most powerful men in fashion. 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. He called Borodin on it, then gave him $10.000, requesting a receipt to prove the payment for suits. As president and CEO of Mercury, the largest luxury retail group in Russia, Friedland and his associate, Leonid Strunin, are fashion's rising czars. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. Swatch Group has already said it has stopped exporting watches to Russia, but its affiliate in the country will continue to trade. 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. How is it possible that in the decade since high school mathematics student Friedland and the computer designer Reebok first became friends, they have created a retail conglomerate in which the luxury menswear brand Brioni now does 10 percent of its business? We call for an immediate cessation of all hostilities in the strongest possible terms.. Leonid Strunin. Her Naked Heart Foundation builds children's playgrounds throughout Russia and creates support centers for handicapped children and their parents. 100 years of fashion in Russia: 1915-2015>>>. On his 50th birthday Leonid Friedland and Leonid Strunin presented their friend Igor a 250.000 grey Bentley (M 768 MM 77). Anyone involved in this auction has blood on their hands, one outraged art consultant who did not want to be named told The Post. 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. Because Phillips is privately held, the company does not provide detailed information on its ownership. 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. The main elements of her image are elegance in black tones, a wavy 1940s-style haircut and bright red lipstick. On August 23, the Mercury construction director Dmitry Eliseev wrote to the first deputy chairman of Saint-Petersburg commitee for construction Nikolay Krutov, asking him for 10-month extention of the term. 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. In February 2016 she worked on Sander Lak's debut with the brand Sies Marjan. 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). 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. 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. 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. 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. 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. 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. As with the football club, critics such as Hall believe Phillips ties with Russia should now be severed. Other groups and brands, including LVMH, Richemont and Richard Mille have not replied. 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. Source: Nezavisimaya Gazeta, 22 October 2003. All companies operating in the UK have to file accounts annually at Companies House with details of their finances and ownership. 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. The company representatives stated that the name Ecolux meant nothing to them, and they are not aware of any supplier with such name. Friedland says that he is mulling expansion to St. Petersburg and also of rolling out department stores across the former Soviet Union. Mercury is also Russia's largest retailer of luxury watches. 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. 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. Khatulya Avsadzhanashvili, general director of Babochka. 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. 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. Hasonlan nehz helyzetbe kerlt az orosz kzben lev brit aukcishz, a Phillips is orosz tulajdonosi httere miatt. According to the statement from Phillips, talks with Mercury Group began in July 2007 and continued for more than a year. ARTnews > Sites in Beirut, Benghazi and Brownsville, Texas, make a most-endangered list Matthew Girling, chief executive of Bonhams until 2020, told The Art Newspaperhe believes people should still boycott Phillips over its Russian links. Born in 1969, Strunin is the Chairman of Mercury, the largest Russian luxury retailer, selling watches and clothes as well as cars. 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.". 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 . Its upsetting because its a step towards changing the culture, too. owner of investment firm Volga Group who has a track record of working to promote Russian heritage abroad through arts and cultural initiatives. 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. 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. We at Phillips unequivocally condemn the invasion of Ukraine. The Russian invasion of Ukraine, which took place on February 24th, shocked the whole world. Update the org chart details of Leonid Friedland. His greatest pride is his tank with piranhas. Phillips has had its share of ups and downs in the past decade. In 2005, the duo also launched the Barvikha Luxury Village development. Matthew Girling, the former CEO of Bonhams, a competing auction house, told The Art Newspaper that people should boycott Phillips over its Russian links. Head of the Property Department Vladimir Silkin claimed that TD TSUM gains illegal profits from sales on city territory. Since 2008, the auction house has belonged to Leonid Friedland and Leonid Strunin, the owners of Russian luxury group Mercury. Russian teams have been excluded from world sporting competitions and oligarchs like Roman Abramovich are seeing pressure to sell their teams. Alexandra Gordienko, creator of the Marfa Journal. ARTnews is a part of Penske Media Corporation. Borodin took Skuratov to the tailor to be measured, then he placed an order for 6 suits. 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". Source: History of criminal case N 18/277049-99. 8. Mr Fridlyand and Mr Strunin are also owners of Mercury Retail Group, one of the largest retail conglomerates in Russia with 125,000 employees, according to its website, mainly in supermarkets and convenience stores. 2. According to a report in the Russian newspaper Kommersant, the groups 2006 turnover was estimated at $850 million. As a subscriber, you have 10 gift articles to give each month. All bets are off now. He didn`t pay for the suits. The Berkeley Square headquarters of Phillips, which was acquired in 2008 by Russian luxury-goods company Mercury Group. Born in 1969, Strunin is the Chairman of Mercury, the largest Russian luxury retailer, selling watches and clothes as well as cars. Mercury carefully distanced from Ecolux`s troubles with customs. Maezawa bought the painting atChristies New York in May 2016 for a then record $57.2m (including fees). Borodin didn`t accept Skuratov`s money, for he considered Scuratov`s earnings tiny compared to suites` price. 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. bombing of a Ukrainian maternity hospital. At the time of the major private deal, Russia had recently emerged as a key art market player. 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. Born in 1969. With charitable donations and public statements in support of Ukraine, Phillips, an auction house owned by Russians, is trying to deflect those pushing for a boycott of its business. 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. 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. 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. 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. 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.. 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. (The Mercury Group is a Russian luxury-goods business owned by Leonid Friedland and Leonid Strunin, otherwise known as "the Leonids".) Copyright 2023 Promedia Digital Ltd. All Rights Reserved. In 2002 Time magazine placed its owners on the list of 25 most influential people in the world of fashion. 3. Source: Komsomolskaya Pravda, 15 November, 2002. Leonid Strunin. 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. The colleagues of Leonid Friedland. Russian mogul Leonid Friedland, who runs Moscow luxury retail company. Dzhabrailov came to the party escorted by the milicia security guards and two blondes. Send us a tip using our anonymous form. Owned by Leonid Friedland and Leonid Strunin, the Moscow-based Mercury Group is the largest luxury retailer in Russia. She also designs advertising campaigns and photo shoots. Previously, de Pury was the majority shareholder. The post quoted a message from Stephen Brooks, the auction house's chief executive: We at Phillips unequivocally condemn the invasion of Ukraine. The actions, the department said, impose severe economic costs that will have both immediate and long-term effects on the Russian economy and financial system designed to isolate Russia from international finance and commerce. The executive order targets roughly 80 percent of all banking assets in Russia. The company posted a Ukrainian flag on its Instagram page. We've received your submission. He is also the founder of TSUM Art Foundation. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. 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. After Borodin had left, Skuratov counted the money to realize that he was given back the same $10.000. 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. 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. The company owns the "boutique street" in Tretyakov Proyezd in the center of Moscow, the fashionable Barvikha Luxury Village and the TsUM department store, which sells more than 1,000 brands, including Tom Ford, Bottega Veneta, Dolce & Gabbana, Saint Lauren, Bentley, Bulgari and Patek Philippe. 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.. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. "Stealth wealth is not working yet in Russia," Friedland says. The company, Russia's largest luxury goods retailer, was set up in 1993. 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. Along with the rest of the art world, we have been shocked and saddened by the tragic events unfolding in the region. The watch firm Lange and Peter Avens investment firm have been approached for comment. Russia has clearly emerged as an important art market., Phillips spokesperson Ariel Childs told ARTnewsletter, We are looking forward to announcing Moscow initiatives which will capitalize on the new arrangement with this major player in Russia.. Mercury is also Russias largest retailer of luxury watches. 1,556 executive movements have been recorded in the last 12 months. Biography . Its holdings include the Tretyakov Projezd and Barvikha Luxury Villageboth high-end. 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. We want to hear from you! He is also the founder of TSUM Art Foundation. "It is not as successful as showing it off. Kusnirovich and Moiseeva own another very large retailer Russias leading department store, GUM on Red Square. 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. Mercury also holds the Moscow Central Universal Department Store (TSUM), a chain of boutiques and stores in Moscow and regions. 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. 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. 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 For more updates about the The BoF 500 subscribe to the Daily Digest newsletter. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. De Pury, however, is completely sanguine about the two Leonids' attitude. 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. This intermediary firm was charged with regular custom value underreporting. We have seen how the world of banking, travel, leisure, sport and culture have responded to the crisis. Both are Russian with their address given as Phillips London headquarters in Mayfair and their countries of residence recorded as Monaco and Cyprus, respectively. Mercury Group was established in 1994 by Friedland and Leonid Strunin, who are known to be its principal owners.. That amounts to Borisenko monthly wage of $50.000. Inspectors found that TSUM had been using this strategy of social tax evasion since 2004. 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. 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. All rights reserved. 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. 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. 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. Official website : TOP 4: Updating: Official website : TOP 5: Updating: Official website 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. Phillips, Sothebys and Christies are expected to generate more than $800 million in sales this week up 35% from last year. Karput established her avant-garde, street brand store in 2009, using the famous Colette in Paris as a model. Still, doing business with any powerful company based in Russia is outrageous, Andy Hall, a retired hedge funder, oil trader, art collector and philanthropist told The Post. Get our latest stories in the feed of your favorite networks. Mercury's critics (always off the record) suggest that the company should teach the consumer that a luxury product is not just about logos; that it is ruthless in cutting deals to undermine its smaller competitors; and that its markups are outrageously high. The holding company runs a chain of luxury stores across the country,. Their visit to the luxury shops was related to the inspection of Ecolux, Mercury`s agent for international buying. He is also the founder of TSUM Art Foundation. There are other billionaires, however, who've avoided the clampdown. The U.K. announced sanctions targeting five banks and high net worth Russian oligarchs in Vladimir Putins close circle. May 15, 2012 | 4:00am Not even a billionaire can rent out the Four Seasons Hotel's luxe Ty Warner suite for a party. , you have 10 gift articles to give each month, which is leonid friedland and leonid strunin largest luxury-goods.... 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