Home / Knowledge / News / Apparel/Garments / Mango to double its stores network in Asia
Mango to double its stores network in Asia
21
Mar '12
Spanish clothing retailer Mango has announced plans to expand in the Asian markets to take advantage from the soaring demand for fashion items in these markets.

The company proposes to double the number of its Asian stores to 2,500, over the next five years.

Zeal for fashion and people's inclination to dress well, make Asia, particularly Southeast Asia, a key market for the company, Jose Gomez, the Senior Vice-President of Business Development at Mango, said.

Demand for Mango merchandise in Europe has not been much affected by the economic slowdown. However, it is low compared to the demand in emerging Asian markets, he said.

Mr. Gomez said that they are quite contented with their performance in Thailand, as since penetration in that market the brand has been well accepted by customers there.

He also informed that the Central Marketing Group (CMG), the distribution wing of the Central Group of Companies, has been appointed as a distributor for Mango brand in Thailand.

CMG would handle distribution of Mango's H.E. brand, which offers men's luxury fashion at affordable prices.

Presently, CMG operates seven Mango outlets featuring Mango Touch, MNG and H.E. by Mango brands, and proposes to add 16 new outlets to this network by close of the current year, so as to cater to rising demand.

Mr. Gomez said Thailand is not a major market for Mango at present, but they see growth potential in Thai market, and hence they are expanding their store network and product offerings in Thailand. Thai customers easily adapt new fashion, he added.

Mango presently operates 2,500 outlets across 107 countries, including in Singapore and Indonesia. Eyeing expansion, it proposes to penetrate in Latin America, besides setting up new outlets in countries where it is already present.

Fibre2fashion News Desk - India


Must ReadView All

EU renews GSP+ scheme for Pakistan 2 years

Apparel/Garments | On 24th Feb 2018

EU renews GSP+ scheme for Pakistan 2 years

Pakistani exporters can enjoy preferential duties on exports to the...

Surat wary of e-way bills

Textiles | On 24th Feb 2018

Surat wary of e-way bills

There is no respite for Surat’s textile manufacturers and retailers....

Retailers choose sides in Alibaba-Tencent battle in China

Apparel/Garments | On 24th Feb 2018

Retailers choose sides in Alibaba-Tencent battle in China

Two big Chinese firms— Alibaba Group Holding Ltd and Tencent Holdings ...

Interviews View All

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

February 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search