Join our Waitlist for Expert Advice!

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.

Entrepreneurs

Startup Spotlight: UAE-Based Equevu Is Helping Employees Save And Invest For The Future Through Salary Deductions

"As a company focused on employee savings benefits, the rapidly evolving industry landscape demands continuous adaptation and forward-thinking solutions."

Growing a Business

At 24, She Was Fired From Her Advertising Job. Then an 'Incredibly Important' Mindset Helped Her Build a Multimillion-Dollar Business.

Melissa Ben-Ishay's brother Brian Bushell encouraged her to follow her passion — and it led to major success.

Thought Leaders

The 7 Traits of Successful Entrepreneurs

Entrepreneurs are a diverse bunch. The best ones, however, share a collection of characteristics -- from tenacity to the ability to tolerate risk -- that are crucial to any successful venture.

Thought Leaders

Watch Jimmy Kimmel Make a Hilarious Shark Tank Pitch for 'Horse Pants'

'I got two words for ya buddy,' quipped Mark Cuban of the strange clothing range: 'glue factory.'

Leadership

Architect Of Ambition: Muhammad BinGhatti, Chairman of Binghatti Holding

Muhammad BinGhatti, Chairman of Binghatti Holding, has reshaped the UAE's real estate landscape by merging architectural innovation with luxury, and has forged partnerships with iconic global brands like Bugatti and Mercedes-Benz while leading a portfolio valued at AED40 billion.