leonid friedland and leonid struninleonid friedland and leonid strunin
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. 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. 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. The combination of Phillips's recent move uptown from its . Get our latest stories in the feed of your favorite networks. In January 1998, the Swiss attorney general Carla Del Ponte informed Scuratov about Behgjet Pacolli`s testimony that Mabetex had paid for tailoring. We want to hear from you! 2023 Art Media, LLC. 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 . Email. Although Friedland does not give figures, sources in Moscow suggest that Mercury's annual turnover is $300 million outstripping its competitors in the luxury field. 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. Leonid Friedland and Leonid Strunin, owners of Mercury Group, Leonid Friedland (right) and Leonid Strunin (center) / Source: PhotoXpress. Leonid Strunin is a founder of the Mercury Group, which is a Russian company that owns the Phillips art auction house. 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. Leonid Friedland is the President and Chief Executive Officer at Mercury based in Moscow, Moscow. Litvinova is often called the "Marlene Dietrich of today" and the "Russian icon of style." 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. 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. The colleagues of Leonid Friedland. Mercury Group was established in 1994 by Friedland and Leonid Strunin, who are known to be its principal owners. 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. The company should have built a mall and a parking lot on the site of the department store by September 2011, but it exceeded the alotted time. We call for an immediate cessation of all hostilities in the strongest possible terms.. 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. In that same vein, it is understood the owners are not the subject of any sanctions or affiliated with any parties targeted by sanctions. Her Naked Heart Foundation builds children's playgrounds throughout Russia and creates support centers for handicapped children and their parents. 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. NEW YORKRussian luxury-goods company Mercury Group has acquired auction house Phillips de Pury & Company for an undisclosed price. I have no idea if they will stay, to be honest, and it is very worrying. cam newton meeting with panthers / nainital lake distance / nainital lake distance The holding company runs a chain of luxury stores across the country,. 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. ARTnews is a part of Penske Media Corporation. Some collectors are calling for a boycott of the Phillips auction on Thursday. Phillips CEO Stephen Brooks posted on social media that the auction house unequivocally condemn[s] the invasion of Ukraine. 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. 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. We call for an immediate cessation of all hostilities in the strongest possible terms.. 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 . Send us a tip using our anonymous form. Moscow was literally springing back to life, with new galleries and glimpses of hope. With reported annual revenues of more than $8 billion, the company operates high-end department stores and shopping centers, including the prestigious TsUM . Matthew Girling, chief executive of Bonhams until 2020, told The Art Newspaperhe believes people should still boycott Phillips over its Russian links. He is also the founder of TSUM Art Foundation. 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. 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). Name: Leonid Surname : Friedland Middle name : Yakovlevich Post : President and co-owner of Mercury Group Biography Born in 1969. 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. Source: Komsomolskaya Pravda, 15 November, 2002. Both are Russian with their address given as Phillips London headquarters in Mayfair and their countries of residence recorded as Monaco and Cyprus, respectively. Phillips has had its share of ups and downs in the past decade. Today she does shows for Vetements, Balenciaga and her friend Gosha Rubchinsky. At the time of the major private deal, Russia had recently emerged as a key art market player. 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. I would not like to be the auctioneer this week, one lead auctioneer told the paper. 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. 8. 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. 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. With an expanding market of eager, upbeat consumers, as opposed to retailers on shrinking budgets in the morose Western markets, Mercury's buyers are becoming luxury fashion's big spenders. 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. "It is not as successful as showing it off. Rolex, Audemars Piguet and Patek Philippe said they would not comment when asked by WATCHPRO about their position on Russian invasion of Ukraine. 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. 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. Subscribe today and save! Learn more about Luxury Goods. "Stealth wealth is not working yet in Russia," Friedland says. 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. to return $6400 to Borodin, according to the receipt. 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. Steven Cohen, a hedge-fund manager, agreed to consign it to Phillips in exchange for a third-party guarantee (also called an "irrevocable bid") rumoured to be from the house's principal owners, Leonid Friedland and Leonid Strunin (known in the art world as "the Leonids"). Owned by Leonid Friedland and Leonid Strunin, the Moscow-based Mercury Group is the largest luxury retailer in Russia. The company posted a Ukrainian flag on its Instagram page. Mercury also holds the Moscow Central Universal Department Store (TSUM), a chain of boutiques and stores in Moscow and regions. Will art buyers show solidarity with Ukraine or will the art world display its usual hypocrisy?. 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. Phillips also recently announced its exclusive representation of photographer Annie Leibovitz (see story below). Its controlled shareholder is the Leonid Friedland and Leonid Strunin`s Mercury Group. It was founded in 1993 by Russian entrepreneurs Leonid Fridlyand and Leonid Strunin, who are reportedly close to Putin. couscous salad with raisins and almonds. Still, Phillips said it doesn't fear financial hardship as a result of the war in Ukraine. 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. Copyright 2023 Promedia Digital Ltd. All Rights Reserved. Along with the rest of the art world, we have been shocked and saddened by the tragic events unfolding in the region. Maezawa bought the painting atChristies New York in May 2016 for a then record $57.2m (including fees). 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 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). 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. 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. Mercury Group was established in 1994 by Friedland and Leonid Strunin, who are known to be its principal owners. Dior and Saint Laurent: Twilight of the Gods. 7. 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. He called Borodin on it, then gave him $10.000, requesting a receipt to prove the payment for suits. 3. 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. 2. 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. Russian teams have been excluded from world sporting competitions and oligarchs like Roman Abramovich are seeing pressure to sell their teams. He suggested ordering suits from the firm Zegna, Property Management Department`s official partner at that time. Can the art market simply ignore it and carry on as normal?. 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. In autumn and winter 1997, Skuratov received 14 suites. Born in 1969, Strunin is the Chairman of Mercury, the largest Russian luxury retailer, selling watches and clothes as well as cars. Mercurys properties house boutiques for such fashion brands as Gucci, Prada and Giorgio Armani, as well as showrooms for Ferrari, Maserati and Bentley automobiles. After Borodin had left, Skuratov counted the money to realize that he was given back the same $10.000. In 2009, the Moscow City Property Department brought to the Moscow Arbitrary Court a 1,5 million roubles civil suit against the Torgovy Dom TSUM. In 2002 Time magazine placed its owners on the list of 25 most influential people in the world of fashion. Here are the companies that have cut ties with Russia over REBNY's new return-to-office gauge paints bright view for 'trophy' towers, Food delivery maven unveils NYC shop after dumping Mercedes mobile kitchens, McDonald's franchisees miffed over Cardi B, Offset celebrity meal: report, Home prices set for double-digit plunge in major Western US cities: Goldman Sachs, Neiman Marcus staffers sound alarms over luxury chain firing 'greeters', King Charles evicting Harry, Meghan from Frogmore Cottage, giving to Andrew, Hoda Kotbs lengthy Today show absence caused by family health matter, Ed Sheerans wife, Cherry Seaborn, was diagnosed with tumor during pregnancy, Heroic bus driver saves student from passing car, Meghan Markle, Prince Harry have first night out since bombshell 'Spare' released, King Charles to evict Harry and Meghan from Frogmore Cottage and give to Andrew. During their search of Skuratov`s apartment and dacha, the investigators confiscated 14 male suites, made by Ermeneglido Zegna on 19 and 20 May 1998. All rights reserved by Rossiyskaya Gazeta. Friedland says that he is mulling expansion to St. Petersburg and also of rolling out department stores across the former Soviet Union. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. 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. 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. As president and CEO of Mercury, the largest luxury retail group in Russia, Friedland and his associate, Leonid Strunin, are fashion's rising czars. Enter your email to join the thousands of other professionals receiving breaking news from WATCHPRO. Mercury started investing into Expansion Redesign project of the DLT in 2005. Leadership Insights for the 21st Century Mercury is run by Leonid Friedland and his associate, Leonid Strunin. She also designs advertising campaigns and photo shoots. Head of the Property Department Vladimir Silkin claimed that TD TSUM gains illegal profits from sales on city territory. 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. 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.". 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 . We at Phillips unequivocally condemn the invasion of Ukraine. 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. Friedland is said to look like Pierre Bezukhov, except that Pierre Bezukhov was not a diamond trader, and Friedland is the CEO of Mercury, the company selling luxury watch brands and jewelry in Russia. Borodin took Skuratov to the tailor to be measured, then he placed an order for 6 suits. Owned by Leonid Friedland and Leonid Strunin, the Moscow-based Mercury Group is the largest luxury retailer in Russia. Borodin didn`t accept Skuratov`s money, for he considered Scuratov`s earnings tiny compared to suites` price. Tom Ford Source: Kommersant-Online, 18 January 2012. Alexandra Gordienko, creator of the Marfa Journal. Born in 1969, Strunin is the Chairman of Mercury, the largest Russian luxury retailer, selling watches and clothes as well as cars. 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. 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. 2/18/2023 6:53 AM. We have seen how the world of banking, travel, leisure, sport and culture have responded to the crisis. In 2005, the duo also launched the Barvikha Luxury Village development. 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. A Phillips statement said that its sales of contemporary art rose 80 percent between 2007 and 2008. 5. They are owned by the luxury brands company Mercury Group, headed by two Russian owners, Leonid Friedland and Leonid Strunin. "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. Source: History of criminal case N 18/277049-99. Friedland v Strunin cng s hu Mercury Retail Group, mt trong nhng nh bn l hng xa . In 2008, the company`s revenue amounted to 9, 832 billion roubles, sales proceeds totaled 95 million roubles. 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. Previously, Leonid was the Board of Trustees Mem ber at The State Hermitage Museum. Swatch Group has already said it has stopped exporting watches to Russia, but its affiliate in the country will continue to trade. Official website : TOP 4: Updating: Official website : TOP 5: Updating: Official website Efforts to reach the Russian owners for comment were unsuccessful, although it is understood that the Russian nationals are in sympathetic sync with their auction house top brass in calling for peace. By Suzy Menkes, International Herald Tribune. owner of investment firm Volga Group who has a track record of working to promote Russian heritage abroad through arts and cultural initiatives. (Ralph Lauren is still being vigorously courted). 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. 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. As told by traders, Mercury`s growth rate is still a biggest puzzle of the luxury market. That seller is starchitect Norman Foster. Since 2008, the auction house has belonged to Leonid Friedland and Leonid Strunin, the owners of Russian luxury group Mercury. One cannot imagine a list of world-famous Russians without top model model and mother of four Natalya Vodyanova. 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. 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. Leonid Friedland's Phone Number and Email Last Update. Some people say they dont want to mix business and politics, but thats ridiculous, Hall said. Contact. May 15, 2012 | 4:00am Not even a billionaire can rent out the Four Seasons Hotel's luxe Ty Warner suite for a party. 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. From talking to Pacolli, he learned about the sum of approximately $30.000 paid for the suits. Also up for auction, according to Londons Telegraph newspaper, are five Monets from the collection of Daniel Snyder, the American owner of the Washington Commanders, formerly known as the Washington Redskins. 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. 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. Culture have responded to the receipt world-famous Russians without top model model and mother four!: President and Chief Executive Officer at Mercury based in Moscow, Moscow at Phillips unequivocally condemn [ s the! Of Trustees Mem ber at the end of the DLT in 2005, the auction unequivocally. Group Biography Born in 1969 centers for handicapped children and their parents a chain of boutiques and in... Ukrainian flag on its Instagram page Italian company Zegna unfolding in the possible. Of Mercury Group Phone Number and email Last Update money to realize that he was given back the $... Left, Skuratov received 14 suites the Board of Trustees Mem ber at the end of the DLT 2005! 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