Spanish Fashion Brand Mango Celebrates 40th Anniversary
Spanish fashion brand Mango is celebrating 40 years since its story began with the opening of its first store in Barcelona.
The brand also expects to close the 2023 financial year with record sales and with a turnover in excess of €3 billion as against the earlier record sales of €2.68 billion in 2022.
During 2024, Mango will promote various initiatives that will increase the stability and solidity of the group by implementing a 2024 to 2026 strategic plan.
Until 2026, the company will implement an ambitious expansion plan, with close to 500 new store openings, focusing its efforts on key markets such as the US, Spain, France, Italy, UK, India and Canada.
Throughout 2023, Mango has expanded its online sales to twenty new countries to exceed 110 markets worldwide and over 130 net store openings and 80 store refurbishments since the start of the year.
This has enabled Mango to reach 2,700 points of sale in over 115 markets worldwide.
