Grupo Axo gets new equity investment

Grupo Axo, a Latin American multi-brand retail platform and partner to global fashion brands, has received an equity investment from funds and accounts managed by BlackRock. Grupo Axo will leverage the new funds to continue its expansion across Latin America as a premier brand partner and operator, with a particular focus on continuing the expansion of its digital channels. The funds and accounts managed by BlackRock join Grupo Axo’s global investor base, including existing shareholder General Atlantic.