Later a caf opened in the concept store. 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. Born in 1969, Strunin is the Chairman of Mercury, the largest Russian luxury retailer, selling watches and clothes as well as cars. 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. Az aukcis hzat a kt orosz zletember, Leonid Friedland s Leonid Strunin ltal alaptott Mercury Group vsrolta meg 2008-ban kzel 60 milli dollrrt. 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. We call for an immediate cessation of all hostilities in the strongest possible terms.. 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. Email. I am glad he [Stephen Brooks] has said this but at the end of the day it is just words. Still, Phillips said it doesnt fear financial hardship as a result of the war in Ukraine. But some art watchers say thats not good enough. For more updates about the The BoF 500 subscribe to the Daily Digest newsletter. 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. 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. 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 . He suggested ordering suits from the firm Zegna, Property Management Department`s official partner at that time. Dior and Saint Laurent: Twilight of the Gods. However, Mercury ategorically denied any possibility of such a deal. 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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. For more information read our Terms & Conditions and Privacy Policy. 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. Born in 1969. Other than suggesting . Source: History of criminal case N 18/277049-99. 3. Get the week's best stories straight to your inbox. 9. Read More . Source: Nezavisimaya Gazeta, 22 October 2003. All Rights Reserved. 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. That seller is starchitect Norman Foster. Yet Leonid Friedland is one of the most powerful men in fashion. 2023 NYP Holdings, Inc. All Rights Reserved, powerful sanctions against Putins oligarchs, When disinfo specialists lie, Gray Ladys DeSantis frustration and other commentary, Putins former spin doctor-turned-critic dead, Ukraines northeastern front could decide new battle lines, Biden needs to step up military aid for Ukraine fast, unplugged from the SWIFT payments apparatus, said Wednesday that hed sell the Chelsea soccer team. All rights reserved. From talking to Pacolli, he learned about the sum of approximately $30.000 paid for the suits. Friedland denied that, and Sberbank refused to comment on the situation, referring to trade secrets. In autumn and winter 1997, Skuratov received 14 suites. Mercury has stated that the city government pushes them towards purchasing these commercial spaces on upcoming auction, scheduled on November, 3. 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. Its controlled shareholder is the Leonid Friedland and Leonid Strunin`s Mercury Group. At the time of the major private deal, Russia had recently emerged as a key art market player. 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. "Around 50 %" of the figure went to cover Phillips's liabilities. 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. 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. 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. 1,556 executive movements have been recorded in the last 12 months. 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. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. In the UK, where Aven has a home in Surrey, he has previously been happy to speak about and showcase a range of valuable art assets. 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. 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 While many tended to have traditional tastes, the same source said it was particularly sad as sanctions on Russia, and the clampdown on the movement of money, would halt a growing trend towards collecting and preserving more recent Russian art and history. 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. 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. 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. Because Phillips is privately held, the company does not provide detailed information on its ownership. Mercury also holds the Moscow Central Universal Department Store (TSUM), a chain of boutiques and stores in Moscow and regions. But there is one Western element that he does not yet see. Russian mogul Leonid Friedland, who runs Moscow luxury retail company. 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. 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. In an interview with The 'Russian owned' Art Newspaper he suggested that it "will get the attention of the world and the owners . 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. 2023 The Business of 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. Subscribe today and save! 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). She covered all the roles in the magazine: journalist, art director and photographer. Mercury is also Russia's largest retailer of luxury watches. We call for an immediate cessation of all hostilities in the strongest possible terms.. Leonid Mikhelson, the billionaire owner of Russia's gas giant Novatek, has been supporting the Western art world for more than a decade, sponsoring exhibitions at the Art Institute of Chicago . 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 2002 Time magazine placed its owners on the list of 25 most influential people in the world of fashion. Arnault sold his majority stake in 2002. 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. . Former Bonhams C.E.O. Inspectors found that TSUM had been using this strategy of social tax evasion since 2004. The World's Premier Art Magazine since 1913. Karput established her avant-garde, street brand store in 2009, using the famous Colette in Paris as a model. 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". 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. ARTnews > Sites in Beirut, Benghazi and Brownsville, Texas, make a most-endangered list In Russia she has been the face of various brands, from Rado to Carrera y Carrera. They are very wealthy, collect art and have a large footprint in the Russian economy, but they are not viewed as politically influential oligarchs and have not been placed under . Owned by Leonid Friedland and Leonid Strunin, Mercury Group is Russia's largest luxury retail company. 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. 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. 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. Everybody knows about a $40 million buyer`s loan received from Sberbank, when Mercury purchased a building complex in Tretyakovsky proyezd. A Phillips statement said that its sales of contemporary art rose 80 percent between 2007 and 2008. At Mercury Group, Leonid Friedland has 1 colleague. Girling, the former Bonhams CEO, said that only a boycott would get the attention of the owners of Mercury to hopefully influence Putin to change his current chosen course of action., We have seen how the world of banking, travel, leisure, sport and culture have responded to the crisis, he told The Art Newspaper. 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. Some people say they dont want to mix business and politics, but thats ridiculous, Hall said. 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. NEW YORKRussian luxury-goods company Mercury Group has acquired auction house Phillips de Pury & Company for an undisclosed price. 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 . 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. "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. For his relationship with Borodin was damaged, Skuratov asked his deputy Kolmogorov V.V. Leadership Insights for the 21st Century Khatulya Avsadzhanashvili, general director of Babochka. By Suzy Menkes, International Herald Tribune. Litvinova is often called the "Marlene Dietrich of today" and the "Russian icon of style." Miroslava Duma, publisher of Buro 24/7. We want to hear from you! 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. ", https://www.nytimes.com/2003/03/03/news/rising-czars-of-russias-retail-luxury.html, Suzy Menkes, International Herald Tribune. Olga Karput, creator of the Kuznetsky Most 20 concept store. Phillips accounts for around one third of the 400 million spent on luxury watches at auction in 2021, a record year for the sector. 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. Some collectors are calling for a boycott of the Phillips auction on Thursday. 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. 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. Earlier this month, Matthew Girling, the former CEO of Bonhams, told the Art Newspaper that people should boycott Phillips, which is owned by Russians Leonid Friedland and Leonid Strunin . This 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. 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. The list includes a number of Russians but who are they? 2023 Art Media, LLC. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. Previously, de Pury was the majority shareholder. 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