Tag: Mango

Mango reduces its turnover by 22% due to the pandemic and the online channel already weighs half

Mango reduces its turnover by 22% due to the pandemic and the online channel already weighs half

On March 12, 2020, two days before the state of alarm was decreed in Spain, Mango presented its best results in three years. It managed to return to profits after years of losses and achieved historic sales, thanks to the management of Toni Ruiz (first as CEO, then as CEO) and the promotion of the […]

2021 worsens the textile crisis: the big ones are sustained thanks to the online sale but the small ones are dying

2021 worsens the textile crisis: the big ones are sustained thanks to the online sale but the small ones are dying

If part of the Spanish textile sector is weathering this pandemic without reaching ruin, it is because they had a strong online channel that has allowed them to save furniture. Inditex, which presents its annual results tomorrow, will end 2020 with benefits, but with a cut in it of 60%, according to analysts’ forecasts, while […]

Mango invests 42 million in the creation of a new innovation center

Mango invests 42 million in the creation of a new innovation center

Despite the impact that the pandemic is having on the textile sector, Mango, one of the two great Spanish chains, will continue to invest in innovation and, specifically, will allocate 42 million euros to expand the facilities it has in Palau-Solità i Plegamans (Barcelona), which is where it has its corporate headquarters. This has been […]

Mango will sell Intimissimi lingerie on its website from spring

Mango will sell Intimissimi lingerie on its website from spring

As of spring, Mango will sell the Intimissimi collections on its website, as announced by the Catalan clothing chain. The agreement with the Italian lingerie chain, which belongs to the Calzedonia group, seeks to “complement the offer in new categories,” according to a statement. Mango has decided to open its online sales channel to third-party […]