Published 00:35 IST, December 15th 2024 Isak Andic, the Istanbul-born founder of the global fashion brand Mango, tragically died on Sunday at the age of 71 after a hiking accident in Spain. Barcelona: Isak Andic, the Istanbul-born founder of the global fashion brand Mango, tragically died on Sunday at the age of 71 after a hiking accident in Spain. According to local media reports, Andic slipped and fell from a 150-meter cliff while hiking with family near the Montserrat caves, located outside Barcelona.
Following the incident, Mango CEO Toni Ruiz expressed his deep sorrow, saying, “His departure leaves a huge void but all of us are, in some way, his legacy and the testimony of his achievements. It is up to us to ensure Mango continues to be the project that Isak was ambitious and proud of.” Andic, who moved to Catalonia with his family in the 1960s, founded Mango in 1984.
Over the years, the company grew into one of the world’s leading fast-fashion retailers, with a turnover of 3.1 billion euros in 2023. At the time of his death, Andic held the role of non-executive chairman and had an estimated net worth of $4.
5 billion, according to Forbes. Regarded as a rival to Amancio Ortega of Inditex, Andic’s legacy in the fashion world will endure through Mango’s continued global presence, now in over 120 markets. The company, Mango, shared the unfortunate incident on Saturday in a post on X.
The company posted, “It is with deep regret that we announce the unexpected deat.
