Home / Knowledge / News / Apparel/Garments / Profits at fashion brand Mango zoom 79% in 2012
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

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search