Home / Knowledge / News / Fashion / Mango to open megastore in Italy's top commercial location
Mango to open megastore in Italy's top commercial location
10
Jan '15
Mango, a clothing design and manufacturing company headquartered in Barcelona, is set to open the largest store in Italy on the former site of Mondadori, on Corso Vittorio Emanuele in Milan, one of the prestigious commercial locations in the country, by spring 2015.

The sales area is expected to be around 3000 square metres, distributed on three floors, and will stock all the brand’s lines including Mango, Mango Man, Mango Kids, Mango Sport & Intimates, and Violeta by Mango. This store would be the eighth in Milan, the company said.

Matteo Sgarbossa, Mango’s director of international retail said, “The opening of the Milan flagship store marks a turning point in Mango’s expansion in Italy and in the brand’s presence in the country. It is, without doubt, the most important Mango store opening in Italy and reflects its commitment and investment in said market, which will continue to grow in the coming years. This store opening follows the opening of the 2000 square metres megastore in Orio al Serio in Bergamo, which has been a major success since it opened in November 2014.”

Mango has 83 stores since it entered the Italian market in 2001 with the opening of its first store.

The apparel company opened its first store on Barcelona’s Passeig de Gràcia in 1984, and now has 2700 stores in 109 countries. The company closed the 2013 financial year with a consolidated group turnover for the Mango-MNG Holding of €1.846 billion, representing a 9 per cent increase on 2012, and a profit of €120.5 million, 9 per cent more than the previous year, with an EBITDA of €229.9 million.

In the Italian market alone, in 2013, the turnover was €46 million, making it Mango’s ninth largest market. (GK)

Fibre2fashion News Desk - India


Must ReadView All

Uzbekistan wants joint ventures with Hungarian textile firms

Textiles | On 20th Feb 2018

Uzbekistan wants joint ventures with Hungarian textile firms

Uzbekistan has offered Hungary to create joint ventures in the two...

Vietnam’s textile & garment exports up 10.68% in 2017

Textiles | On 20th Feb 2018

Vietnam’s textile & garment exports up 10.68% in 2017

Vietnam came very close to achieving its 2017 textile and garment...

From left: Tania Polonnowita Wettimuny, MD, Hellmann Sri Lanka; Bart de Vries, Global COO Air & Sea Hellmann; Deshamanya Mahesh Amalean, Chairman, MAS Holdings; & Shirendra Lawrence, COO, MAS Holdings

Textiles | On 20th Feb 2018

Hellmann and MAS form joint venture HMSC

Hellmann Worldwide Logistics and MAS Holdings have formed Hellmann...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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