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Mango registers 6.3% rise in revenues during H1, FY25

  

Recording its strongest financial performance in the brand’s 40-year history, Mango registered a 6.3 per cent rise in revenue to £1.3 billion (€1.543 billion) during the first half of the year.

The revenues of Mango Man grew by over 21 per cent over this period, while those of Mango Kids and Teen expanded by more than 11 per cent. The cornerstone of the company's business, Mango Woman achieved a modest 4 per cent growth, marking its highest revenue in a six-month period and contributing 79 per cent of total revenue.

The company attributes this success to the positive reception of its collections and its value proposition crafted in Barcelona. Notably, Mango launched new capsule collections, including collaborations such as with Victoria Beckham for its Woman line and with Boglioli for Mango Man, alongside new editions of its Capsule and Selection lines.

Geographically, Mango's international business accounted for over 78 per cent of its total revenue. The company continued to expand its physical presence by opening 57 new stores, bringing its global store count to 2,743 by the end of June.

In the UK, Mango plans to open over twenty new stores this year, including debuts in Northern Ireland and central and southern England, alongside new locations in London and Scotland. The company recently launched its first Mango Teen store in London as part of its expansion strategy.

Expressing satisfaction with the brand’s performance amidst a competitive market, Toni Ruiz, CEO, highlights their commitment to value proposition, business model, and plans to expand to international markets.

 
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