Grupo Axo news and archive

TJX forms JV with Mexican off-price retailer Grupo Axo

The TJX Companies has signed a joint venture agreement with Axo, an operator of global brands in Mexico and South America that includes both full and off-price formats. Under the terms of the agreement, the company said in a release, TJX would own 49 percent and Axo would own 51 percent of the joint venture. The joint venture would comprise Axo’...

Retail

Abercrombie & Fitch to launch in Mexico

US fashion retailer Abercrombie & Fitch is set to open its first A&F and Hollister stores in Mexico during the first quarter of 2015. The apparel group has signed a franchise agreement with Grupo AXO to set up a retail network throughout the country, with the first Hollister store slated to open late spring 2015 and the group debut A&F store...