MANGO

We continue our international expansion and brand consolidation plan with a new store in Indonesia. Specifically, in the recently inaugurated Icon Bali mall in Sanur, the biggest shopping centre in Southeast Asia. The new point of sale offers the Woman and Man lines and features the Mediterranean-inspired store concept, New Med, which showcases the brand’s spirit and freshness.     At the end of 2023 we had stores 24 in Indonesia, as well as a digital presence.     #Mango #Corporate #Expansion 

We continue our upward trend of recent years, closing the first six months of the year with the highest revenue in our 40-year history, with a turnover exceeding 1.543 billion euros, representing a 6.3% increase compared to the same period last year. The collections and value proposition of Mango, designed in Barcelona, have been very well received by our customers, driving the growth of our lines, especially Mango Man (+21%) and Mango Kids and Teen (+11%). Meanwhile, Mango Woman remains the driving force of the group's business, accounting for more than 79% of total revenue. At Mango, we are immersed in the achievement of our 4E Strategic Plan, which aims to exceed 4 billion euros in revenue by 2026. To achieve this, we will strengthen our differential value proposition and drive an expansion plan that envisions the opening of more than 500 stores over the next three years. For more information: https://go.mango/4cAaCPc #Mango #Corporate

This week, we participated in the second edition of Move! Sustainable Fashion Summit, an event organised by Modaes in Madrid that brought together various industry stakeholders to analyse and discuss sustainability strategies and challenges. Clàudia Hosta, our Director of Circularity, took part in a round table on eco-design and waste circularity, where she highlighted Mango's commitment to prioritising low-impact materials and designing adopting circularity criteria, with the goal that by 2030, these will predominate in Mango products. Hosta also emphasised the importance of collaboration within the sector to advance towards achieving common circularity goals. At Mango we see sustainability as a journey the fashion industry has to make in order to achieve a more just society, and to reduce its environmental and social impact. Our sustainability roadmap, called Sustainable Vision 2030, was created to reduce the company's environmental and social impact and is comprised of three key policies: Committed to the Product, Committed to the Planet and Committed to People. #Mango #Corporate #Sustainability 

We confirm our commitment to innovation with the creation for the first time of a campaign generated entirely using artificial intelligence for the limited-edition Sunset Dream collection of our youth line Mango Teen. We are a pioneer in the fashion industry by being one of the first to develop the graphic image of a collection using this technology.  A variety of internal teams collaborated on the development of the campaign, including Mango Teen's design, art and styling, dataset and AI model training and our photography studio, among others. This technological advance and the commitment to digital transformation are part of the Earn lever of our Strategic Plan 2024-2026, which aims to create value through technological development, data management and operational excellence. For more information: https://go.mango/3S2n8yV   #Mango #Corporate #Innovation 

We move forward with our expansion plan and strengthen our presence in the United Kingdom with a new store in Glasgow as part of the 20 store openings planned for the country for 2024. Specifically, in Silverburn shopping centre.     The new point of sale offers the Woman line exclusively and features the Mediterranean-inspired store concept, New Med, which showcases the brand’s spirit and freshness.     We have been present in the UK since 1999. Last year we opened more than 10 stores in the country and ended with 60 points of sale, as well as a digital presence. #Mango #Corporate #Expansion

We move forward with our expansion plan and strengthen our presence in Italy with a new store in Lecce, as part of the 15 store openings planned for the country for 2024 which will bring its total number of stores in the country to over 100 by the end of the year.  The new point of sale, with a selling surface of close to 500m2, offers the Woman line exclusively and features the Mediterranean-inspired store concept, New Med, which showcases the brand’s spirit and freshness.     We have been present in Italy since 2001. At the end of the 2023, Mango had 92 stores in the country, as well as a digital presence through our own online channel and other marketplaces.    #Mango #Corporate #Expansion 

Mango is one of the most-reputable companies in Spain, according to the prestigious ranking Merco Empresas y Líderes España 2024, published today. We have improved our position compared to last year.    In the sector-based ranking, we have consolidated our position as the second company in the sector of fashion distribution companies. In addition, our CEO, Toni Ruiz Tubau, and our Non-executive Chairman, Isak Andic, are distinguished among the 100 Best Business Leaders.   Merco Empresas y Líderes España 2024 presents the top 100 companies and business leaders as a result of an exhaustive analysis of over 63,400 surveys on different groups and is one of the leading monitors in the world.     Consult full details of the Merco Empresas y Líderes España 2024 ranking here:   https://lnkd.in/gcrs_Zd

We move forward with our expansion plan and strengthen our presence in the United Kingdom with a new store in Scotland, as part of the 20 store openings planned for the country for 2024. Specifically, in Edinburgh's Fort Kinnarid shopping centre. The new point of sale offers the Woman line exclusively and features the Mediterranean-inspired store concept, New Med, which showcases the brand’s spirit and freshness.     We have been present in the UK since 1999. Last year we opened more than 10 stores in the country and ended with 60 points of sale, as well as a digital presence.     #Mango #Corporate #Expansion 

We boost our youth line Mango Teen with its international expansion. Three years after its launch, we open our youth line first stand-alone store outside the Spanish market, in the United Kingdom. Specifically, in London, at Foubert’s Place, off Carnaby Street in Soho, one of the most vibrant districts in the city centre. The store, with a selling surface of 230 m2 , features the Mediterranean-inspired New Med concept, which embodies the spirit and freshness of the brand. Mango Teen launched in 2021 to satisfy the fashion needs between childhood and adulthood, presenting attractive alternatives for young people. The line fills an existing gap in the market with current, fresh and youthful designs, setting the pace for contemporary young fashion. #Mango #Corporate #Expansion

We continue strengthening our presence in the United States with a new store in Tysons Corner Center, Virginia's premier shopping destination.    The new point of sale stocks products from our Woman line exclusively and features the Mediterranean-inspired store concept, New Med, which showcases our brand’s spirit and freshness. This launch is part of our expansion plan in the United States to reach 40 company-owned stores by 2024 and for the country to become one of the group’s top markets in terms of turnover.    #Mango #Corporate #Expansion