Posted inFunding

UAE firm invests in global fashion brand Maison D’angelann

Gate Business Service makes new investment in Anna Chybisova’s label after agreeing $7m deal last year

Gate Business Service has put in an additional $2 million for a majority stake in the Maison d’Angelann fashion brand.

Gate Business Service has put in an additional $2 million for a majority stake in the Maison d’Angelann fashion brand.

A UAE-based company has stepped up its investment in a global fashion brand that made headlines with its “diamond dresses” that were decorated with Swarovski crystals.

Anna Chybisova has announced that she has secured another major investment for her brand Maison D’angelann from the Gate Business Service, a private family office based out of the UAE.

After investing $7 million late last year, Gate Business Service has put in an additional $2 million for a majority stake in the Maison d’Angelann fashion brand.

Gate Business Service said its confidence in the brand has been strengthened after it reported sales over $2 million within the UAE alone and has a sold-out Spring/Summer 2021 collection.

This success and growing customer demand has also resulted in a plan to open five Maison d’Angelann mono-brand boutiques across five European cities.

Chybisova, a native of Ukraine, launched Maison d’Angelann with another partner in 2014, with the brand expanding to the Middle East in 2017.

Chybisova, an international fashion designer and owner of Maison d’Angelann, said: “I’m excited to partner with Gate Business Service to continue to reach even more fashion enthusiast around the world. I look forward to continuing the trendy designs and ingenuity for each collection that our consumers have come to expect and engaging with my fans across social media.

“This partnership will allow me and my team to continue creation and development of each design while building the brand into an international fashion powerhouse.”

Chybisova, a native of Ukraine, launched Maison d’Angelann with another partner in 2014, with the brand expanding to the Middle East in 2017.

In 2019, Maison D’Angelann launched the globally known collection “diamond dresses” that were decorated with Swarovski crystals under Anna’s brand name, SolAngelann.

Follow us on

For all the latest business news from the UAE and Gulf countries, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.