Private equity firm Evercore takes stake in Grupo Axo
12 Jan '11
3 min read
Grupo Axo, founded in 1994 and based in Mexico City, distributes, operates and promotes internationally renowned brands in the Mexican market. It operates through a retail and wholesale strategy having strong relationships with key players in the industry. Grupo Axo is a strategic player leading the evolution of the retail and fashion industries in Mexico. Grupo Axo will close 2010 with 100+ free-standing and mall stores and over 1500 shop-in-shops and corners within major department stores.