×
104 495
Fashion Jobs
CWF (CHILDREN WORLWIDE FASHION)
Ecommerce & Digital Coordinator
Permanent · NEW YORK
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Ontario
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Hammond
FOOT LOCKER
Community Marketing Manager- San Francisco
Permanent · San Francisco
OLD NAVY
Assistant General Manager - Rookwood Commons
Permanent · Cincinnati
KOHLS
Full-Time Loss Prevention Officer
Permanent · Milwaukee
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · University Park
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Bel Air
KOHLS
Full-Time Loss Prevention Officer
Permanent · Norwalk
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Scottsdale
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · York
NORDSTROM INC
Compliance Associate (Remote)
Permanent · Centennial
NORDSTROM
Asset Protection - Security Ambassador - st John's Town Center
Permanent · Jacksonville
NORDSTROM
Asset Protection - Agent - West Coast Omni Center
Permanent · Riverside
NORDSTROM
Asset Protection - Agent - Vintage Oaks Rack
Permanent · Novato
NORDSTROM
Asset Protection - Agent - Boulevard Consumer Square Rack
Permanent · Amherst
NORDSTROM
Asset Protection - Security Ambassador - Potomac Mills Rack
Permanent · Woodbridge
GAP
District Manager - Pacific Northwest
Permanent · Park City
GAP
District Manager - Pacific Northwest
Permanent · San Francisco
GAP
District Manager - Pacific Northwest
Permanent · Thornton
GAP
District Manager - Pacific Northwest
Permanent · Tulalip Bay
GAP
Senior Planner - Omni Merchandise Planning - Men's - Outlet
Permanent · New York
Advertisements
Translated by
Robin Driver
Published
Dec 7, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Moda Operandi secures new growth capital thanks to Adrian Cheng and Apax Digital

Translated by
Robin Driver
Published
Dec 7, 2017

Moda Operandi is due to accelerate its expansion, thanks to newly secured growth capital. The American e-commerce fashion site, which was originally founded in 2011 as a platform for post-runway pre-orders, and has since completed its offer with a more conventional luxury e-shop, has secured 165 million dollars in funding. The new round of funding was co-led by two new investors: the billionaire entrepreneur and Hong Kong-native Adrian Cheng, through his two investment vehicles C Ventures and K11 Investment, and Apax Digital, run by the global private equity firm Apax Partners. 


Moda Operandi's homepage - modaoperandi.com


The brand, whose shareholders also include New Enterprise Associates, LVMH and Fidelity, stated in a release that the money will help to "fuel continued international growth and increased development across several key business verticals." The American brand is clearly hoping to accelerate its international growth, particularly in Asia and the Middle East. 

Since its last recapitalization in 2014, the brand, which raised funding of 132 million dollars before this round, has seen its turnover multiply by 3.5, with international markets now representing a third of total demand, led by Asia and the Middle East.

For this reason, approaching Adrian Cheng, who is also executive director of Chow Tai Fook Jewellery Group, appears to have been a strategic move. As well as offering privileged access to the Chinese market, the 37-year-old entrepreneur has also launched the investment fund C Ventures, which aims to build a portfolio of brands and digital platforms catering specifically to Millennials and Generation Z, markets targeted by Moda Operandi. 


Adrian Cheng stands between Moda Operandi CEO, Deborah Nicodemus, and CFO Hoddi Hafsteinsson - DR


The capital will also be used to launch new operations and expand the site's offer, while improving the brand's personalization and technological services, particularly its mobile tools. According to Moda Operandi, further plans for the funding include supporting the site's marketing strategies and customer acquistion programs, and developing its brand portfolio.

Copyright © 2021 FashionNetwork.com All rights reserved.