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Isak Andic, the founder of high street fashion chain Mango, has died after a hiking accident in Spain on Saturday, the company said. The 71-year-old billionaire slipped and fell from a 150-metre cliff while hiking with relatives in the Montserrat caves near Barcelona, according to local media reports. El País newspaper reported that Andic’s son was at the scene of the accident and police were called at about 1pm with a helicopter and specialised mountain unit dispatched to the scene.

Mango chief executive Toni Ruiz said in a statement: “It is with deep regret that we announce the unexpected death of Isak Andic, our non-executive chairman and founder of Mango, in an accident that occurred this Saturday. “Isak has been an example for all of us. He dedicated his life to Mango, leaving an indelible mark thanks to his strategic vision, his inspiring leadership and his unwavering commitment to values that he himself imbued in our company.



“His legacy reflects the achievements of a business project marked by success, and also by his human quality, his proximity and the care and affection that he always had and at all times conveyed to the entire organisation. “His departure leaves a huge void but all of us are, in some way, his legacy and the testimony of his achievements.” The statement added: “It is up to us, and this is the best tribute we can make to Isak and which we will fulfil, to ensure that Mango continues to be the project that Isak aspired to and of which .

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