By  on January 23, 2018

LONDON — Axel Arigato, the cult sneaker brand that drops new styles every week, has secured a $7.5 million investment from the new specialist fund Vaultier7, WWD has learned.

Albin Johansson, chief executive officer of the Sweden-based label, said the investment will be put toward consolidating the brand’s multichannel approach, strengthening online and wholesale, scaling internationally and building on the success of its London flagship in Soho, a “cultural hub” of music and art events, and collaborations with other emerging brands.

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