MODAR spa
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MODAR spa - overview
Established
1971
Location
Milan, -, Italy
Primary Industry
Consumer Products
About
MODAR spa is an Italian luxury fashion retailer specializing in high-end apparel and accessories from prestigious brands, appealing to discerning consumers who value exclusive designs and premium quality. Founded in 1971 and headquartered in Milan, Italy, MODAR spa operates as a luxury fashion retail company. The firm was fully acquired by Italian Design Brands S. p.
A. in June 2019, although specific financial terms were not disclosed. The acquisition reflects MODAR’s commitment to aligning its strategy with that of its parent company, which is focused on expanding its portfolio of luxury brands. MODAR offers a diverse array of luxury fashion products, featuring renowned labels such as Miu Miu, Max Mara, and Dior.
The company caters to fashion-conscious individuals by retailing clothing, footwear, and handbags, targeting affluent urban consumers primarily in Europe and North America. The selective market segment emphasizes premium quality and contemporary styles, blending heritage with modern luxury. In the most recent financial year of 2023, MODAR reported revenues of USD 50. 11 mn, with an EBITDA of USD 7.
04 mn. The company’s revenue model is centered around retail transactions in partnership with luxury brands, focusing on both direct consumer sales and wholesale agreements. MODAR plans to launch new product lines designed for the upcoming fashion seasons, with specific designs expected to be unveiled in the following year. The company is also targeting expansion into additional markets in Asia and the Middle East by 2025, leveraging the synergies with its parent company.
The recent acquisition will enable MODAR to utilize resources toward these growth initiatives, enhancing its market reach and operational capabilities.
Current Investors
Dexelance S.p.A.
Primary Industry
Consumer Products
Sub Industries
Furniture, Wood/Hard Products
Website
www.modar.it
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
MODAR spa - timeline of key events
MODAR spa - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 14,337,453 | 16,067,745 | 25,467,670 | 19,021,417 | 29,092,268 | 22,852,944 | 24,470,497 | 30,124,066 | 30,144,333 | 42,576,226 | 20,728,968 | 26,389,178 | - | - | - |
| % Revenue Growth (YoY) | - | 12.1% | 58.5% | (25.3%) | 52.9% | (21.4%) | 7.1% | 23.1% | 0.1% | 41.2% | (51.3%) | 27.3% | - | - | - |
| EBITDA (USD) | 506,390 | 603,711 | 1,153,122 | 849,639 | 2,190,664 | 769,397 | 1,632,544 | 3,282,381 | 3,126,451 | 5,522,204 | 1,612,391 | 400,759 | - | - | - |
| Operating Income (USD) | 319,895 | 407,822 | 961,718 | 648,987 | 1,925,284 | 512,787 | 1,362,726 | 3,025,661 | 2,885,326 | 3,576,268 | 1,150,152 | (148,069) | - | - | - |
| Operating Margin | 2.2% | 2.5% | 3.8% | 3.4% | 6.6% | 2.2% | 5.6% | 10.0% | 9.6% | 8.4% | 5.5% | (0.6%) | - | - | - |
| % EBITDA Margin | 3.5% | 3.8% | 4.5% | 4.5% | 7.5% | 3.4% | 6.7% | 10.9% | 10.4% | 13.0% | 7.8% | 1.5% | - | - | - |
| NET Income (USD) | 47,956 | 176,472 | 629,151 | 358,890 | 1,318,604 | 412,381 | 922,611 | 2,439,262 | 1,436,802 | 2,396,566 | 580,071 | (265,285) | - | - | - |
| % Net Margin | 0.3% | 1.1% | 2.5% | 1.9% | 4.5% | 1.8% | 3.8% | 8.1% | 4.8% | 5.6% | 2.8% | (1.0%) | - | - | - |
MODAR spa - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | MODAR spa | - |
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MODAR spa - employee data
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