DECA Investments

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Axel, which was founded in 1999, is engaged in the design, production and distribution of women’s apparel, purses, shoes and accessories. The company is based in Thessaloniki and employs 114 people. It has a growing retail channel in Greece and a strong international presence with sales in 45 countries of which nearly 50% were exports. In 2022 Axel generated €11 million of revenues.

Sector: Apparel

Revenues: € 10.8 mn  

No. of Employees: 107

CEO: Ms. Ifigeneia Koutsouveli

Investment Date: March 2018

Company website:

Axel Store