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Farfetch invests in The Modist

26 days ago   |   By Drapers

Modest etailer The Modist has secured investment from Farfetch and the private equity vehicle for Nicola Bulgari, vice chairman of Bulgari Group, Annabel Investment Holding.
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Farfetch, Nicola Bulgari Invest in Fashion Site, The Modist

Farfetch, Nicola Bulgari Invest in Fashion Site, The Modist

26 days ago   |   By WWD

LONDON - Less than a year after securing investment from Vaultier7, The Modist e-commerce site has brought two more investors on board: Farfetch and Nicola Bulgari. The value of the deal has not been disclosed.
Ghizlan Guenez, founder and chief executive officer of The Modist, called Farfetch “an invaluable player in the world of luxury and innovative technology” and said her company was looking forward to growing with their support and expertise.
She added that Bulgari “values excellence in the needs of the evolving luxury consumer” and she's looking forward to calling on his “guidance...
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