Mango accelerates its growth (+12%) in its first results report after the death of Isak Andic
Mango has announced solid growth in the first half of 2025, with a turnover of 1,728 million euros, which represents an increase of 12% compared to the same period of the previous year (14% to constant type). These results consolidate the company's upward trend in an unstable sectoral and geopolitical environment, and are the first that the firm presents after the Death of its founder, Isak Andicon December 14, 2024.
Mango thus improves the growth data of exercise 2024, which closed with a turnover of 3,339 million euros and an increase of 7.6% compared to the previous year.
The online channel has continued its positive evolution, increasing its turnover and already representing 31% of the company's total business. This growth reinforces the digital strength of Mango. To continue promoting this channel, the company has internally promoted Marlies Hersbach as new online and customer director.
Key markets and bet on digital innovation
The international mango business continues to be its main engine, contributing 78% of total turnover. The five main markets by business volume during this semester have been, in decreasing order: Spain, France, Türkiye, Germany and the United States.
In recent months, the company has also taken a step forward in its strategy of Personalization of online purchase experience with the launch of Stylist mango. This conversational tool based on artificial intelligence allows users to receive product recommendations, discover combinations of garments and access the latest fashion trends, marking a milestone in the sector. Thus, for example, you can ask you about guest looks for a wedding, what are the summer trends and examples of garments that represent them or jackets for light rain. In response they will obtain a short explanatory text and a selection of adequate products.
In the field of physical expansion, Mango has maintained a notable rhythm with 78 net openings and 30 store reforms worldwide. This raises the total to 2,925 points of sale in more than 120 markets. Among the most prominent openings are new Flagship Stores in Munich and Barcelona, as well as important locations in Dublin, London and strategic shopping centers in the United States. The company has also reinforced its presence with the inauguration of the first physical store of Mango Home in Barcelona, the first Stand-Alone of Mango Man in the United Kingdom and the first Teen Mango store in Portugal.
In the field of corporate governance, the company has taken important steps at a key moment. In January, the Board of Directors appointed Toni Ruiz as president and CEO of the firm, Jonathan Andic already as vice president of the Council. Additionally, the Council has been reinforced with the incorporation of two new independent advisors: Manel Angel, former director of multinationals in the sector, and Helena Helmersson, Excuso de H&M Group, providing valuable experience and a strategic vision for the future of the company after the progress of its founder.
The president and CEO of Mango, Toni RuizHe stressed that these “positive results of the first semester confirm the robustness of our model and strengthen our strategy. We continue to grow with a long -term vision, with a proposal of differential value and well received by our customers worldwide, and the continuous improvement of the sales channels ». The strength of this data is particularly relevant when framing in a transition period for the dome of the company, which has reinforced its corporate governance with new appointments after the loss of its creator.
Image: Mango
