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. (Abramovich said Wednesday that hed sell the Chelsea soccer team in the UK.). In that same vein, it is understood the owners are not the subject of any sanctions or affiliated with any parties targeted by sanctions. Alumni of the Moscow Institute of Transport & Engineering, Fridlyand and Strunins initial venture into retail began as a small jewellery and watch outlet, quickly growing through strategic alliances with brands such as Bulgari, Chaumet and Tiffanybefore diversifying into fashion. De Pury, however, is completely sanguine about the two Leonids' attitude. In Russia she has been the face of various brands, from Rado to Carrera y Carrera. Official website : TOP 4: Updating: Official website : TOP 5: Updating: Official website We call for an immediate cessation of all hostilities in the strongest possible terms.. Phillips has had its share of ups and downs in the past decade. Previously, Leonid was the Board of Trustees Mem ber at The State Hermitage Museum. 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. Over lunch in Milan, he and Alexander Reebok, Mercury's general manager, described their ambitious project to bring a purpose-built wood and steel luxury shopping village, with spa, restaurants and a hotel, to Zhukovka, an area where the dachas are a playground for the new super-rich. 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. Since 2008, the auction house has belonged to Leonid Friedland and Leonid Strunin, the owners of Russian luxury group Mercury. For more information read our Terms & Conditions and Privacy Policy. Hailed as the czars of Russian retail, the business duo brought brands like Gucci and Brioni to their native country. 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. 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. 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 February 1998, Borodin gave him a $6400 payment receipt and some foreign currency cash. 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. As a subscriber, you have 10 gift articles to give each month. Leonid Strunin is a founder of the Mercury Group, which is a Russian company that owns the Phillips art auction house. One cannot imagine a list of world-famous Russians without top model model and mother of four Natalya Vodyanova. Renata Litvinova, actress, director and creative director at the Numro Russia magazine. 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. We call for an immediate cessation of all hostilities in the strongest possible terms.. The holding company runs a chain of luxury stores across the country,. bombing of a Ukrainian maternity hospital. cam newton meeting with panthers / nainital lake distance / nainital lake distance Phillips has said it doesnt expect sanctions to affect its business. This intermediary firm was charged with regular custom value underreporting. In 2003, the Central Customs Administration took an inventory of Armani, Gucci, Zegna and Dolche&Gabbana stores owned by Mercury in Moscow. Other groups and brands, including LVMH, Richemont and Richard Mille have not replied. Mysterious Tomb Unearthed in Armenia, Containing a Couple Who DiedTogether. In Russia, besides modeling for Guerlain, Louis Vuitton, Marc Jacobs and other brands, Vodyanova is famous for her charity work. A Phillips statement said that its sales of contemporary art rose 80 percent between 2007 and 2008. I dont think that anyone should be dealing with Russian or Russian-owned companies at the moment, said Andy Hall, an art collector and philanthropist. 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. Get our latest stories in the feed of your favorite networks. At Mercury Group, Leonid Friedland has 1 colleague. 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. 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. 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. The World's Premier Art Magazine since 1913. owner of investment firm Volga Group who has a track record of working to promote Russian heritage abroad through arts and cultural initiatives. Previously, de Pury was the majority shareholder. Both are Russian with their address given as Phillips London headquarters in Mayfair and their countries of residence recorded as Monaco and Cyprus, respectively. Owned by Leonid Friedland and Leonid Strunin, Mercury Group is Russia's largest luxury retail company. "Stealth wealth is not working yet in Russia," Friedland says. 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As the financial world unites to launch powerful sanctions against Putins oligarchs, the art auction season has begun in London as if nothing has changed. Phillips accounts for around one third of the 400 million spent on luxury watches at auction in 2021, a record year for the sector. The main elements of her image are elegance in black tones, a wavy 1940s-style haircut and bright red lipstick. ", https://www.nytimes.com/2003/03/03/news/rising-czars-of-russias-retail-luxury.html, Suzy Menkes, International Herald Tribune. But there is one Western element that he does not yet see. "Around 50 %" of the figure went to cover Phillips's liabilities. Other partners with a stake in the auction house include Phillips contemporary-art director Michael McGinnis and international specialist Michaela Neumeister. 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 . A post shared by Phillips (@phillipsauction). 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. 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 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? 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. The company is involved in famous brand retail, mainly in St. Petersburg. Born in 1969. In 2005, the duo also launched the Barvikha Luxury Village development. 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. Rolex, Audemars Piguet and Patek Philippe said they would not comment when asked by WATCHPRO about their position on Russian invasion of Ukraine. All companies operating in the UK have to file accounts annually at Companies House with details of their finances and ownership. 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. I am glad he [Stephen Brooks] has said this but at the end of the day it is just words. 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. 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.. 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. Source: History of criminal case N 18/277049-99. Born in 1969. 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. . Kusnirovich and Moiseeva own another very large retailer Russias leading department store, GUM on Red Square. Br a szankcis listn egyikk sincs rajta, s a cg Instagramra kitett posztja alapjn . 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.. 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. All rights reserved by Rossiyskaya Gazeta. 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. As with the football club, critics such as Hall believe Phillips ties with Russia should now be severed. The World's Premier Art Magazine since 1913. 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. In 2001 they established BoscoSport, which dressed the IOC officials at the Olympics in Rio. Mercury is run by Leonid Friedland, whom the style writer Suzy Menkes has described as "one of the most powerful men in fashion," and his associate, Leonid Strunin. 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. According to Companies House in the United Kingdom, Phillips has two owners with significant control: Leonid Fridlyand and Leonid Strunin. 7. 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. 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). 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. Russian mogul Leonid Friedland, who runs Moscow luxury retail company. Leonid Friedland's Phone Number and Email Last Update. Amid bloodshed in the Ukraine following the Russian militarys invasion in the country last week, sweeping economic sanctions targeting oligarchs with ties to the Russian government are being levied. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. The company posted a Ukrainian flag on its Instagram page. In autumn and winter 1997, Skuratov received 14 suites. Still, Phillips said it doesnt fear financial hardship as a result of the war in Ukraine. Phillips is owned by Mercury Group, which is Russias largest luxury-goods company. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. Owned by Leonid Friedland and Leonid Strunin, the Moscow-based Mercury Group is the largest luxury retailer in Russia. 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. But he could not clear up whether Skuratov`s suits were ordered through the Russian Art shop. The watch firm Lange and Peter Avens investment firm have been approached for comment. All my money goes into art, he said. 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. Mercury is also Russia's largest retailer of luxury watches. Other than suggesting . 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