MODAMORE & PARTNERS™ (Global Brands & Management)

Background

MODAMORE & PARTNERS™, established in 2012 and headquartered in Dubai, United Arab Emirates, is an innovative brand and registered trademark specializing in business management and marketing activities. The company is dedicated to connecting global luxury brands with customers in the Middle East and beyond, aiming to create meaningful opportunities that foster innovation and creativity in the region.

Key Strategic Focus

The company's strategic focus encompasses:

Global Brands & Marketing Platforms: Developing platforms that enhance brand visibility and engagement.

Brands Market Entry: Facilitating the introduction of luxury brands into new markets.

Brand Association Partners: Establishing partnerships that align with brand values and objectives.

Linking Producers with Strategic Business Partners: Connecting manufacturers with key business partners to optimize distribution and sales.

Distribution Channels: Creating effective channels to ensure product availability and reach.

Multi-Media Engagement: Utilizing various media platforms to promote brands and products.

Promotional Events: Organizing events that showcase brands and engage target audiences.

Collaboration: Fostering collaborations that drive innovation and market growth.

These initiatives are designed to provide comprehensive brand management solutions, emphasizing innovation, creativity, excellence, originality, and diversity.

Financials and Funding

MODAMORE & PARTNERS™ has secured funding to support its growth and technological development:

Accelerator/Incubator Funding: In May 2021, the company received $1.25 million through an accelerator/incubator funding round.

Investment Campaign: The company launched an investment campaign to develop a smart platform and mobile application integrated with blockchain technology, aiming to enhance its digital transformation efforts.

These funds are intended to support the development of innovative platforms and applications that connect luxury brands with their customers more effectively.

Technological Platform and Innovation

MODAMORE & PARTNERS™ is committed to leveraging advanced technologies to enhance its service offerings:

Smart Platform & Mobile App: The company is developing a smart platform and mobile application integrated with blockchain technology to provide secure and efficient services.

Digital Transformation: Embracing digital transformation to create a successful marketing ecosystem that connects luxury brands with their customers through innovative marketing tools and sales channels.

These technological advancements aim to provide a seamless and engaging experience for both brands and consumers.

Leadership Team

The leadership team at MODAMORE & PARTNERS™ includes:

Mohamed Haykal: Founder, Board Member, and Chief Executive Officer. With over 23 years of experience in the Middle East, Mohamed specializes in planning management, operational strategies, process management, organization, and execution across multiple projects.

Khalid Khalil: Board of Advisory. A sales manager professional with over 25 years of combined experience in sales, channel, and management roles within the corporate IT industry.

Their combined expertise drives the company's strategic initiatives and growth.

Competitor Profile

In the luxury brand management and marketing industry, MODAMORE & PARTNERS™ faces competition from several key players:

Authentic Brands Group (ABG): Founded in 2010, ABG boasts a diversified portfolio of over 50 brands spanning media, entertainment, sports, fashion, beauty, and wellness, generating over $32 billion in global annual retail sales.

WHP Global: Established in 2019, WHP Global has built a portfolio of over a dozen consumer brands, including Vera Wang and Toys "R" Us, with over $7 billion in global annual retail sales.

These competitors have diversified portfolios and significant market presence, posing challenges and opportunities for MODAMORE & PARTNERS™ in the luxury brand management sector.

Strategic Collaborations and Partnerships

MODAMORE & PARTNERS™ has engaged in strategic collaborations to enhance its market position:

FasterCapital Partnership: The company joined FasterCapital's Tech Cofounder program, receiving technical support and securing 50% of the funding needed for technical development.

These partnerships aim to bolster the company's technological capabilities and market reach.

Operational Insights

MODAMORE & PARTNERS™ differentiates itself through:

Comprehensive Service Offerings: Providing a one-stop solution for strategies and scale-up, including smart platforms and mobile applications targeting both B2B and B2C markets.

Focus on Innovation and Creativity: Emphasizing innovation, creativity, excellence, originality, and diversity in all aspects of its operations.

These operational strategies position the company to effectively compete in the luxury brand management industry.

Strategic Opportunities and Future Directions

Looking ahead, MODAMORE & PARTNERS™ plans to:

Launch a Premium Marketplace: Develop the #1 premium marketplace in MENA, offering one-stop solutions for strategies and scale-up, integrated with smart platforms and mobile applications.

Expand Technological Capabilities: Continue investing in digital transformation and blockchain technology to enhance service offerings and customer engagement.

These initiatives aim to strengthen the company's market position and drive future growth.