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Management

Mango to focus on opening large stores in 2019

Spanish apparel company Mango is set to open 60,000 square meters of new selling space in 2019, between company-owned stores and franchises. The move is part of a continued retail strategy based on opening larger stores and closing smaller ones, which has led the brand’s average store size to increase by 54 percent since 2012. “Specifically,...

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ManagementFeatured

Mango manages to reduce loss by 45 percent in 2017

Mango Holding has said that the company closed fiscal year 2017 with sales of 2.194 billion euros (2.526 billion dollars) and an EBITDA of 115 million euros (132 million dollars), 50 percent more than the previous year. The company added that in the first half, the EBITDA recorded a significant improvement compared to the previous year, while...

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