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Profits at fashion brand Mango zoom 79% in 2012
11
Jun '13
MANGO, Spain’s most international fashion brand, closed the 2012 financial year with a net profit of 113.4 million euros.

Following the improvements implemented during the first half of 2012 with regard to merchandising, window dressing, the catalogue, the collection, prices, distribution and advertising, MANGO has increased its profit by 79% compared to 2011.

During 2012, the brand created approximately 2,000 jobs worldwide, 70% of which were for young people aged under 30. Of the 2,000 new jobs created, 334 correspond to the domestic market.

Given the major international presence of the brand, 84% of turnover corresponds to foreign markets, and the remaining 16% to the domestic market.

During 2012, MANGO increased its number of stores by 197, of which 17 were in Spain and 180 in foreign markets.

MANGO MNG Holding currently has more than 12,000 employees worldwide and more than 2,600 retail outlets in 107 countries.

Mango


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