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Swedish Sneaker Brand Axel Arigato Lands $66M Investment

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Eurazeo Brands invested $66.1 million in luxury sneaker brand Axel Arigato, citing fashion's "premiumization and casualization trends."
Eurazeo Brands has taken a majority stake in premium sneaker brand Axel Arigato.
CREDIT: Axel Arigato

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Global investment firm Eurazeo invested in premium sneaker brand Axel Arigato alongside founders Max Svärdh and Albin Johansson. The 56 million euro ($66.1 million) funding through affiliate Eurazeo Brands makes it the majority shareholder and marks an inaugural foray in Europe for the the global investment firm, which has 18.5 billon euros ($21.68 billion) in…

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