Eurazeo Capital completed the €56m investment in Axel Arigato.

Eurazeo Capital, a French investment firm, completed the €56m ($60m) investment in Axel Arigato, a Swedish premium trainer, ready-to-wear and accessories brand. "We have targeted the high-end sneaker market due to the premiumisation and casualisation trends we are seeing globally and believe Axel Arigato is an innovative and high potential brand in this sector, relying on an authentic and contemporary designer-based approach. We are delighted to partner with Max and Albin, and we look forward to working with the company to accelerate its international growth, strengthen its digital platform and expand in retail – bringing this impressive brand to new customers worldwide," Laurent Droin, Eurazeo Brands Managing Director.