The module you are talking are Widgets.
Please follow the steps:
- First Setup front-page and blog page according to this documentation: Setting up Front page and Blog ( Posts ) page
- Now from the admin panel, go to Appearance => Widgets, You can see there many widget areas, The widgets area for front/home page is Home Main Content Area
- Drag and Drop AT Posts Column widget to Home Main Content Area
- From the widgets options there, select Layout 2 in First Featured Post Layout , and Enable First Post Featured
This will display like Fashion module in demo. There are other various Available Widgets , which you can simply drag and drop to any sidebar widgets areas.
Hope this will solve your problems, further if you have any problems, please feel free to ask.