You have entered an incorrect email address! The Business of Fashion publication has published a list of the top 500 most influential people in the world of international fashion. 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. 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. Born in 1969, Strunin is the Chairman of Mercury, the largest Russian luxury retailer, selling watches and clothes as well as cars. 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. Other groups and brands, including LVMH, Richemont and Richard Mille have not replied. 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. If there was a professional performance contest among Russian reshaly (problem-solvers), Major General Igor Alekseevich Borisenko, Counsillor of Justice 3d class and Supreme Court Justice Deparment officer, could won by head. They are owned by the luxury brands company Mercury Group, headed by two Russian owners, Leonid Friedland and Leonid Strunin. With reported annual revenues of more than $8 billion, the company operates high-end department stores and shopping centers, including the prestigious TsUM . Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. In 2005, the duo also launched the Barvikha Luxury Village development. 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". Owned by Leonid Friedland and Leonid Strunin, the Moscow-based Mercury Group is the largest luxury retailer in Russia. Tom Ford 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 . Friedland and Strunin also own the Mercury Retail Group, one of the largest luxury goods retailers in Russia. 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. 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.. Mercury is also Russia's largest retailer of luxury watches. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. 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 . Matthew Girling, chief executive of Bonhams until 2020, told The Art Newspaperhe believes people should still boycott Phillips over its Russian links. 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. 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. 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. Matthew Girling has also urged collectors to boycott Phillips. The company, Russia's largest luxury goods retailer, was set up in 1993. We want to hear from you! Br a szankcis listn egyikk sincs rajta, s a cg Instagramra kitett posztja alapjn . 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. 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. Find Leonid Friedland stock photos and editorial news pictures from Getty Images. The company posted a Ukrainian flag on its Instagram page. Source: Nezavisimaya Gazeta, 22 October 2003. 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 . 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. ARTnews > Sites in Beirut, Benghazi and Brownsville, Texas, make a most-endangered list 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. A Phillips statement said that its sales of contemporary art rose 80 percent between 2007 and 2008. His face expresses ultimate self-sufficiency. Save my name, email, and website in this browser for the next time I comment. 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. 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. 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. "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. Source: Komsomolskaya Pravda, 15 November, 2002. 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. 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. The company is involved in famous brand retail, mainly in St. Petersburg. Phillips has said it doesnt expect sanctions to affect its business. Owned by Leonid Friedland and Leonid Strunin, Mercury Group is Russias largest luxury retail company. . Both are Russian with their address given as Phillips London headquarters in Mayfair and their countries of residence recorded as Monaco and Cyprus, respectively. Leonid Strunin. We have seen how the world of banking, travel, leisure, sport and culture have responded to the crisis. The company received the Saint-Petersburg project as far back as 2005, but has failed to meet the deadline. Friedland says that he is mulling expansion to St. Petersburg and also of rolling out department stores across the former Soviet Union. But the list is changing fast. Hailed as the czars of Russian retail, the business duo brought brands like Gucci and Brioni to their native country. 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. 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. Learn more about Luxury Goods. The top three are Roman Abramovich, Alisher Usmanov and Leonid Mikhelson, together worth $58.3 billion. In that same vein, it is understood the owners are not the subject of any sanctions or affiliated with any parties targeted by sanctions. 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. All Rights Reserved. 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. Other than suggesting . 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. The main elements of her image are elegance in black tones, a wavy 1940s-style haircut and bright red lipstick. In Friedland's analogy, it is "the East Hampton of Moscow" where 70 percent of customers who live there are top gear people." 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. The Instagram post featured a blue and yellow abstraction by Ellsworth Kelly, the same colours of the Ukrainian flag. Construction and infrastructure magnates, Boris and Igor Rotenberg, who were investigated for circumventing sanctions to buy art in 2020, have also been targeted. The event and forthcoming auctions will also be a litmus test of feeling towards Phillips, which insists it is business as usual in the face of a boycott by respected figures in the art world. The list includes a number of Russians but who are they? In the Luxury Goods industry, Leonid Friedland has 3,377 colleagues in 246 companies located in 32 countries. 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. 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. Its upsetting because its a step towards changing the culture, too. 2023 The Business of Fashion. 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. 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. We've received your submission. 4. De Pury, however, is completely sanguine about the two Leonids' attitude. Russian mogul Leonid Friedland, who runs Moscow luxury retail company. 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. 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. Its controlled shareholder is the Leonid Friedland and Leonid Strunin`s Mercury Group. 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 Russian group has owned Phillips since 2008, when it acquired the company from Simon de Pury for an estimated $60 million. Copyright 2023 Promedia Digital Ltd. All Rights Reserved. Mercurys properties house boutiques for such fashion brands as Gucci, Prada and Giorgio Armani, as well as showrooms for Ferrari, Maserati and Bentley automobiles. There are other billionaires, however, who've avoided the clampdown. We at Phillips unequivocally condemn the invasion of Ukraine. That amounts to Borisenko monthly wage of $50.000. 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"). 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. 5. 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