Last year, more than 130 stores were opened and 80 stores renovated – mainly in the USA – but India, Spain, Italy and the United Kingdom were also the focus of new openings. E-commerce for the Woman, Man, Teen and Kids lines was also launched in twenty new countries.
In addition to the record sales, the Group also published its expansion plans: By the end of 2026, around 500 new stores are to be opened in the United States, Spain, France, Italy, the United Kingdom, India and Canada. But it also announced the arrival of four independent board members to strengthen the company’s management: Marc Puig (Chairman of his family’s Spanish cosmetics and fashion group), Jordi Constans (former CEO of Louis Vuitton and Danone), investment banker Jorge Lucaya, economics professor and governance expert Jordi Canals. The CFO of Mango, Margarita Salvans, will also become a member of the Board of Directors.
CEO Toni Ruiz will acquire 5 percent of Mango’s share capital in order to “strengthen the stability of the company”, according to the Mango statement.
The global company Mango was founded in 1984 by Isak Andi in Barcelona and prioritizes creativity, design and technology in its products.