Mango news and archive

Mango Home opens first store, reveals plans for four more locations

Mango Home opened its first store in Barcelona this April as the brand revealed further plans to open four more stores within this concept during 2025. With a sales area of nearly 400 square meters, the very first Mango Home store offers a wide range of home goods. It is located at 586 Avenida Diagonal in Barcelona, one of the city's most...

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Mango slows growth, but sees profits soar by 27 percent at the close of 2024

Spanish multinational fashion company Mango has reported its results for the latest financial year, 2024. The year saw a new all-time high in terms of both sales and profits, with sales of over 3.3 billion euros and net profits of 219 million euros. Based on information provided by the company founded by Isak Andic, and in what are the first...

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The investigation into Mango's founder Isak Andic's death has been reopened

The judge of the Court of First Instance and Instruction number 5 of Martorell has decided to reopen the investigation into the death of Isak Andic, founder of Mango, which occurred on December 14, 2024. Although the main hypothesis remains that of an accident, the decision is due to the need to incorporate new technical reports into the file....

Retail

Mango to open first dedicated homeware store in April

Spanish fashion giant Mango has announced plans to open its first store dedicated to home decor in April. Located in Barcelona, the 400-square-metre flagship will be the first ‘Mango Home’ site, exclusively offering homeware products from the Mango brand. Mango’s homeware concept was introduced in 2021 as part of a diversification strategy, a...

Retail

Mango doubles down on US with 20 new openings and new Manhattan flagship

Spanish fashion multinational Mango is upping its commitment to the US market, with a pledge to open around 20 new points of sale in the country in 2025. Through these openings, the company aims to end the year with around 65 stores across the US, highlighted by the impending launch of a new flagship store in Manhattan. While present in the US...

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Mango to open 20 new stores in the UK in 2025

Spanish fashion retailer Mango has announced that it is ramping up its expansion plans for the UK with the announcement of 20 new stores planned for 2025. The UK expansion will concentrate in London, with six openings, as well as central England, Scotland, Northern Ireland, and Cardiff in Wales. These openings form part of Mango’s 2024-2026...

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Mango CEO Toni Ruiz appointed chairman

Toni Ruiz, CEO of Spanish fashion company Mango, has now also been appointed chairman of the board of directors. He succeeds founder and owner Isak Andic, who died unexpectedly in a mountain accident in December last year. This was announced by the company in a press release. Jonathan Andic, son of founder Isak, will become vice chairman of the...

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Toni Ruiz becomes interim chairman of Mango

In an expected decision resulting from the reorganisation of Mango's board of directors, Toni Ruiz, CEO of the Spanish fashion group, has also taken over as vice chairman of the company following the sudden death of Isak Andic. He will hold this position on an interim basis until a new chairman is appointed. This decision marks the end of one of...

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Who is Isak Andic: The visionary who turned Mango into an international benchmark

The fashion world mourns the loss of one of its great visionaries. On December 14, Isak Andic, founder of Mango, passed away, leaving an indelible legacy that transcended borders and marked a turning point in the textile industry. With his entrepreneurial spirit and unique vision, Andic not only brought to life one of Spain's most successful...

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Following death of founder: Challenges Mango now faces in leadership succession and future direction

The sudden passing of Isak Andic, founder and non-executive chairman of Mango, presents the greatest and most profound challenge the Spanish fashion multinational has faced since Andic himself, along with his brother Nahman Andic, founded the company in 1984. This challenge arrives fraught with uncertainty, as it remains unclear not only who...

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Toni Ruiz, CEO of Mango, receives ‘Business Leader of the Year Award’

Toni Ruiz, the chief executive officer of Spanish fashion chain Mango, was awarded the 2024 Business Leader of the Year award during the annual Gala of the Spain-US Chamber of Commerce in Cipriani, New York City. Ruiz was given the award in recognition of “his leadership and foresight at the helm of the company,” with the board of directors at...

Retail

Mango achieves 2024 US expansion goals, eyes 65 stores for next year

Throughout 2024, Mango has embarked on a mission to cement and strengthen the company’s presence in the US, a strategy that it has carried out as part of its wider 4E 2024-2026 Strategic Plan. Now, with the year wrapping up, the Spanish retail giant has provided an update on the current status of this US expansion. Following the opening of a...