Axel Arigato has been acquired by Eurazeo
Axel Arigato, the Swedish premium sneaker, ready-to-wear and accessories brand, has been acquired by Eurazeo.
The Eurazeo Brands division that focuses on consumer labels is investing €56 million to become a majority shareholder, alongside founders Max Svärdh and Albin Johansson. It had held Farfetch shares through its Eurazeo Growth unit.
Founded in 2014 in Gothenburg, Axel Arigato is described as “a high-growth, digitally-native company that has quickly become a leading player in the European premium sneaker market. The company's main objective is to embrace the now and always look for the tomorrow, with strong cultural references including music, art and architecture”.
The brand’s products are distributed worldwide through its webstore, as well as via major luxury e-tailers like Farfetch, MyTheresa and Ssense. There are also six Axel Arigato retail stores with its only non-Swedish directly operated physical store being in London on Broadwick Street in the West End. Prestige department stores such as Le Bon Marché, Harrods and Saks Fifth Avenue also stock the label.
Rothschild & Co advised on the sale of this transaction. For further detail please contact Gavin Orde.
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