Russian-Owned Auction House Phillips Says Sanctions Won’t Affect the Business

  • 📰 RobbReport
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Russia emerged as a key art market player back in 2008 when Mercury Group acquired the house.

Amid bloodshed in the Ukraine following the Russian military’s invasion in the country last week, sweeping economic sanctions targeting oligarchs with ties to the Russian government are being levied. With questions lingering about how businesses of all kinds will be impacted, the auction house

, which is owned by Russian luxury retailer Mercury Group, has said it doesn’t expect sanctions to affect its operations.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 309. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines