Mar 5 • 11:13 UTC 🇪🇸 Spain El País

Mango earned 242 million in 2025, the first year without its founder, and sees its U.S. venture as a long-term bet

In 2025, Mango reported a record profit of 242 million euros, reflecting strong business performance despite the absence of its founder.

Mango, the Spanish fashion giant, achieved remarkable financial results in 2025, marking a significant year as it operated without its founder, Isak Andic, who passed away in December 2024. The company recorded revenues of 3.8 billion euros, a 13% increase from the previous year, alongside a net profit of 242 million euros, which represents an 11% rise. This impressive growth is attributed to the strong performance across all product lines and a focus on efficient profitability management, yielding a gross margin of 60.8%.

The company’s performance highlights its resilience in navigating external market challenges. Mango's focus on enhancing profitability and expanding its market presence has allowed it to thrive even during uncertain economic times. The results demonstrate that the brand's strategic direction remains strong despite the significant loss of its leadership.

Additionally, Mango has set its sights on the U.S. market, indicating a long-term commitment to establishing a robust presence in this competitive landscape. The new management team appears confident in the company's potential growth trajectory and market positioning, showcasing the brand's ability to adapt and innovate in the global fashion industry.

📡 Similar Coverage