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 countries. The platform also offers an online magazine called The Mod.