Why The Modist has secured investments from Farfetch, Nicola Bulgari and Vaultier7

BACKGROUND Modest e-tailer The Modist has received strategic investments from Farfetch and Annabel Investment Holding, the private equity company of Nicola Bulgari, Vice-chairman of jeweler Bulgari Group. The announcement comes less than a year after The Modist secured 15 million US dollars (approximately 11 million pounds) in a funding round led by Vaultier7 and a team of Net-a-Porter veterans.