After earning revenues worth €2.688 billion in 2022, Spanish fast fashion brand Mango aims to earn over €3 billion revenues by 2023-end. The brand also aims to register a double digits growth across all its retail channels this year.
In 2024, Mango also aims to introduce a roadmap for the brand till 2026. Focusing on reinforcing its unique value proposition and boosting sales, the brand plans to expand its store network by 500 in key markets such as United States, Spain, France, Italy, the United Kingdom, India, and Canada.
In 2023, Mango opened 130 stores and refurbished another 80. The brand currently operates 2,700 points of sale across 115 markets. It also expanded its digital distribution to 20 new countries, operating in 110 markets through this channel.
In 2023, the brand also launched a capsule collection of exclusive garments for events and ceremonies. Besides, it launched its first denim collection to make garments more easily reusable and recyclable.
