MANGO

We continue strengthening our presence in the United States with a new store in Virginia. Specifically, in Pentagon City Mall, Arlington’s go-to shopping destination.    The new point of sale stocks products from our Woman line exclusively and features the Mediterranean-inspired store concept, New Med, which showcases our brand’s spirit and freshness.     This launch is part of our expansion plan in the United States to reach 40 company-owned stores by 2024 and for the country to become one of our top markets in terms of turnover.     #Mango #Corporate #Expansion 

At Mango, we have been inspiring the world with our unique fashion proposition, characterised by our own design, for 40 years now. As part of the Elevate lever of the 2024-2026 Strategic Plan, we are focusing on promoting a unique value proposition across all our lines through aspiration, quality and our unique style designed in Barcelona, with excellent customer service. During the first six months of the year, we have strengthened our commitment to quality with the launch of new capsule collections such as the collaboration with Victoria Beckham for the Woman line, a new collaboration with Italian tailoring house Boglioli for Mango Man, and new editions of the Capsule and Selection collections, among other new initiatives. #Mango #Corporate

We expand our homeware line with the arrival of Mango Home in Turkey as part of our 4E 2024-2026 Strategic Plan, which aims to strengthen our differentiated value proposition, with a strong expansion drive and improved sales in existing stores and our online channel. The line's textile, decoration and homeware products are now available in the Turkish market via the online channel mango.com.    By entering the Turkish market, our home line is now available in 33 markets, including Spain, France, Germany, United Kingdom, Portugal, Italy, Belgium, Switzerland, Greece, Romania, Croatia, Austria, Ireland, Sweden, Czech Republic, Denmark and the United States, among others.    We founded Mango Home in 2021 in response to new consumer habits and with a focus on sharing, celebrating and relaxing. With natural textures, relaxed colours and sustainable materials at the core of its proposition, its quality essentials and contemporary designs interpret interior design trends to inspire the creation of spaces with personality. #Mango #Corporate #MangoHome

With the aim of strengthening our global corporate communications and public affairs strategy, Doris Casares will join Mango in September as the Director of External Communications, Institutional Relations and Public Affairs, reporting directly to our CEO, Toni Ruiz Tubau. Casares has more than 20 years' experience in building and managing corporate reputation for national and international organisations. In her new role, she will be part of the company's executive committee, will develop and implement the global strategy for corporate communications, institutional relations, public affairs and social action in the more than 115 markets in which Mango is present and will contribute to the attainment of the objectives set out in our Strategic Plan 2024-2026. Welcome to the team, Doris! #Mango #Corporate

Our commitment to aspirationality and unique style, our excellent customer service, and sustainability as a transversal axis have driven the sales of our business lines during the first six months of the year. As part of our 4E Strategic Plan 2024 - 2026, we have ambitious expansion plans worldwide. During the first half of 2024, we continued to grow in the physical channel, with 57 net openings, reaching a total of 2,743 points of sale worldwide and recording international business revenue of more than 78% of the group's total. Spain, France, Turkey, Germany, and the U.S. are the markets that registered the highest revenue during the semester. Our goal for the second half of the year is to continue growing our store network with the aim of exceeding 2,800 points of sale by the end of 2024. The boost in the physical channel is not only leveraged by the opening of new points of sale but also by the growth in the Like for Like at constant rate, which in the case of Mango, recorded growth exceeding double digits in the first half. #Mango #Corporate

We continue our international expansion and brand consolidation plan with a new store in Indonesia. Specifically, in the recently inaugurated Icon Bali mall in Sanur, the biggest shopping centre in Southeast Asia. The new point of sale offers the Woman and Man lines and features the Mediterranean-inspired store concept, New Med, which showcases the brand’s spirit and freshness.     At the end of 2023 we had stores 24 in Indonesia, as well as a digital presence.     #Mango #Corporate #Expansion 

We continue our upward trend of recent years, closing the first six months of the year with the highest revenue in our 40-year history, with a turnover exceeding 1.543 billion euros, representing a 6.3% increase compared to the same period last year. The collections and value proposition of Mango, designed in Barcelona, have been very well received by our customers, driving the growth of our lines, especially Mango Man (+21%) and Mango Kids and Teen (+11%). Meanwhile, Mango Woman remains the driving force of the group's business, accounting for more than 79% of total revenue. At Mango, we are immersed in the achievement of our 4E Strategic Plan, which aims to exceed 4 billion euros in revenue by 2026. To achieve this, we will strengthen our differential value proposition and drive an expansion plan that envisions the opening of more than 500 stores over the next three years. For more information: https://go.mango/4cAaCPc #Mango #Corporate

This week, we participated in the second edition of Move! Sustainable Fashion Summit, an event organised by Modaes in Madrid that brought together various industry stakeholders to analyse and discuss sustainability strategies and challenges. Clàudia Hosta, our Director of Circularity, took part in a round table on eco-design and waste circularity, where she highlighted Mango's commitment to prioritising low-impact materials and designing adopting circularity criteria, with the goal that by 2030, these will predominate in Mango products. Hosta also emphasised the importance of collaboration within the sector to advance towards achieving common circularity goals. At Mango we see sustainability as a journey the fashion industry has to make in order to achieve a more just society, and to reduce its environmental and social impact. Our sustainability roadmap, called Sustainable Vision 2030, was created to reduce the company's environmental and social impact and is comprised of three key policies: Committed to the Product, Committed to the Planet and Committed to People. #Mango #Corporate #Sustainability 

We confirm our commitment to innovation with the creation for the first time of a campaign generated entirely using artificial intelligence for the limited-edition Sunset Dream collection of our youth line Mango Teen. We are a pioneer in the fashion industry by being one of the first to develop the graphic image of a collection using this technology.  A variety of internal teams collaborated on the development of the campaign, including Mango Teen's design, art and styling, dataset and AI model training and our photography studio, among others. This technological advance and the commitment to digital transformation are part of the Earn lever of our Strategic Plan 2024-2026, which aims to create value through technological development, data management and operational excellence. For more information: https://go.mango/3S2n8yV   #Mango #Corporate #Innovation 

We move forward with our expansion plan and strengthen our presence in the United Kingdom with a new store in Glasgow as part of the 20 store openings planned for the country for 2024. Specifically, in Silverburn shopping centre.     The new point of sale offers the Woman line exclusively and features the Mediterranean-inspired store concept, New Med, which showcases the brand’s spirit and freshness.     We have been present in the UK since 1999. Last year we opened more than 10 stores in the country and ended with 60 points of sale, as well as a digital presence. #Mango #Corporate #Expansion