The Modist news and archive

Modesty fashion company The Modist shuts website, ceases operations

The Modist, once dubbed the Net-a-Porter of luxurious, modest fashion, has ceased operations and closed its e-commerce store. The London and Dubai based company founded by Ghizlan Guenez announced on Thursday it would stop trading as it could not withstand the financial pressures caused by the impact of Covid-19. “Unfortunately, whilst our plans...

Fashion |LOOKING BACK Featured

Best of: Background articles in 2019

The year is coming to an end again, which means that FashionUnited takes a look back on the best article from the past year. This time we’ve collected some of the more important background articles published in 2019. From oldest to newest, from the archive: Why The Modist has secured investments from Farfetch, Nicola Bulgari and Vaultier7 March...

BusinessFeatured

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...

Business

The Modist receives USD 15 million investment from Vaultier7

Luxury modest fashion website has secured 15 million US dollars (approximately 11 million pounds) during a funding round led by Vaultier7, both companies informed in a statement. Founded in 2017 by Ghizlan Guenez and a team of Net-a-Porter veterans, The Modist sells 125 brands and its own private label, Layeur, offering shipping to over 100...