mango

Barcelona, ​​Spain.- The Spanish fashion company Mango celebrates 30 years of international expansion, which began in 1992 when, after reaching one hundred stores in Spain, it opened two points of sale in Coimbra (Portugal) and is now present in more than 115 markets.

In Latin America it has more than 200 stores, mainly in countries such as Chile, Peru, Colombia and Mexico. The director of retail sales, César de Vicente, explained to EFE that Mango has become “one of the main fashion groups in Europe”; 79% of its turnover currently comes from outside Spain.

The founder and president, Isak Andic, opened the first store on Paseo de Gracia in Barcelona (northeast Spain) in 1984 and, a year later, the company began its national expansion with the opening of an establishment in Valencia (east).

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Mango plans to close 2022 with a historical sales record and exceed the 2,374 million euros (2,445 million dollars) obtained in 2019, just before the start of the pandemic. At the end of 2021, it had about 13,000 employees.

The company expects to end 2022 with almost 2,600 points of sale distributed on five continents, after adding two countries this year- Cameroon and Morocco. In addition, Mango plans to increase its presence in the main markets.

After opening a store this year on Fifth Avenue in New York and another in Miami, the brand aims to reach 2024 with some 40 points of sale in the United States.

The idea is that this country becomes one of the five main billing markets of the Spanish group; In addition to the expansion of physical stores, it will boost activity on the Internet.

Also this year, Mango has reopened its flagship store on the commercial Rue Haussmann in Paris. In France, it will open 70 new points of sale by 2025 and will remodel all its stores. Added to this is the expansion that the company is carrying out in countries such as Canada and India and its growth and consolidation in other mature markets, such as Italy, Germany or the United Kingdom.

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