Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Mango plots major global push with one store opening every day

Spanish womenswear retailer Mango is planning to take on rivals such as Inditex and H&M by opening a store a day worldwide and rapidly ramping up its expansion in China.

Founder and chairman Isak Andic told financial magazine Expansion that it would also open between 200 and 300 stores a year in China.

“Our aim is to end up opening a store a day and to do that we are travelling to China where some companies are opening up to 500 sales points a year,” he said.

“We are going to learn what they do in order to accelerate our growth in China, not to 500 but, yes, to 200 or 300 annual sales points.”

Mango currently has more than 1,400 stores in 100 countries.

The retailer is also eyeing growth via the web and last week announced plans to double its internet sales this year.

Mango said it plans to double global turnover from the web from the €11.7m (£9.7m) it achieved in 2009.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.