Isak Andic, the visionary founder of Mango, tragically passed away at the age of 71 due to an accident, announced the fashion retailer on Saturday. The incident occurred during a hiking trip near Barcelona, as reported by Spanish media outlets. Mango CEO Toni Ruiz expressed deep regret in a public statement, highlighting Andic's enduring influence as the non-executive chairman.
Spanish Prime Minister Pedro Sánchez commemorated Andic, acknowledging his pivotal role in transforming Mango into a major global brand. Founded in 1984 in Barcelona, Mango has grown to encompass 2,700 stores in 120 international markets. The company reported a record 3.
1 billion euros in sales in 2023 and has ambitious plans to widen its footprint in the US with 65 stores by 2025. (With inputs from agencies.).