Get All Access for $5/mo

UAE-Based The Gate Business Services Invests US$7 Million In International Fashion Brand, Maison D'AngelAnn Launched in 2014 by Anna Chibisova and Angelika Svyatash, Maison D'AngelAnn has built a reputation among a new generation of women who want to acquire modern, luxurious fashion at competitive prices.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Shutterstock.com

The Gate Business Services, a UAE-based investment and real estate consultancy, has announced its acquisition of a majority stake in international fashion brand, Maison D'AngelAnn.

The company's investment of US$7 million is aimed at helping the Moscow-headquartered fashion line to grow into a global fashion design and manufacturing house. The brand is already distributed in the United States of America, Russia, France, Monte Carlo, Saint-Tropez, and the GCC.

"Through this partnership with The Gate Business Services, the company will witness a major restructuring in order to become one of the most famous international brands and compete in the fashion industry," said Anna Chibisova, Founding Partner, Maison D'AngelAnn. "We have plans to further develop the brand and open more branches and outlets to reach a wider segment of the public while keeping our competitive prices and outstanding quality."

Launched in 2014 by Chibisova and Angelika Svyatash, Maison D'AngelAnn has built a reputation among a new generation of women who want to acquire modern, luxurious fashion at competitive prices. It has been compared to the likes of fast fashion labels like H&M and ZARA, which compete with larger fashion brands by creating inspiring designs for new generations.

The Gate Business Services' investment will see Maison D'AngelAnn build on its strengths by reinforcing the fashion market's need for designs that meet the desires of a new generation that aspires to break free from old fashion lines, and create new trends that are more liberal in terms of both design and quality.

Related: Rebuilding A More Sustainable Fashion Industry After COVID-19

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'It's Not About You': How to Fire Someone Effectively, According to Kevin O'Leary

O'Leary says that if you can't fire someone, you aren't the right leader for the organization.

News and Trends

H.E. Dr. Aisha Bin Bishr On Smart Dubai Office's Citywide Blockchain Implementation

The Smart Dubai Office has kicked off the first city-wide effort to implement blockchain technology in city services.

Fundraising

This All-in-One Travel Jacket Is Approaching $1 Million on Kickstarter

Available as a sweatshirt, blazer, windbreaker or bomber, BauBax has everything from a built-in neck pillow and gloves to earphone holders and a drink pocket.

Marketing

Are You Ready for the New Changing Brand-Awareness Environment?

Do your employees "walk the walk" when it comes to your brand's vision?

Marketing

7 Ps of Marketing and How They Apply to Your Marketing Mix

Looking for picture perfect marketing formulas that will likely outlast and adapt to any trend? Read on.