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

Bangladesh demands better prices for garment items from US

Apparel/Garments | On 21st Sep 2018

Bangladesh demands better prices for garment items from US

Bangladesh sought better prices for its exports, especially garments, ...

Courtesy: EFI

Textiles | On 21st Sep 2018

Digital textile printing expected to grow at 20% CAGR

Digital textile printing is at this time about 3-4 per cent of all...

Courtesy:  Vishal Banik on Unsplash

Textiles | On 21st Sep 2018

Pakistan's textile exports up 3.72% in July-August 2018

The value of textile and garment exports from Pakistan increased 3.72 ...

Interviews View All

Marazban F Velati, Sutlej Textiles & Industries limited

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Headhonchos, Indian textile value chain

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Top executives, Textile industry

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Kalai Selvi,

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Liz Manning,

Liz Manning

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

Siddhachakra Weaving (Badiya Fashion),

Siddhachakra Weaving (Badiya Fashion)

Ahmedabad-based Siddhachakra Weaving Pvt Ltd was established in 2011 under ...

Lynda Kelly, Suominen Corporation

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Johan Berlin, InvestKonsult Sweden AB

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

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

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

Leave your Comments


September 2018

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

news category


Related Categories:

Advanced Search