April 18, 2012

Mango Registers Record-Sales Of €1.4 billion In 2011

At the end of 2011, international retailer Mango had registered a rise by 11% of its turnover, compared to 2010, meaning a profit of € 1.4 billion.

Sales are not credited solely to the brand’s own retail stores, but also to wholesales through franchises. 82% of Mango sales are made internationally, in more than 2400 sale points located in 107 countries around the Globe. Moreover, online sales have risen by 72% in 2011, providing the company with a turnover of € 36.2 million.

The always expanding Spanish retailer has recently opened stores in Cambodgia, Guadalupe, The Bermudas, Khirghizistan, Monaco and Sri Lanka. The company’s target for this year is an ambitious one – opening 80 new stores in Russia and another 30 in China, being careful not to neglect sales in Europe, Central and South America, as well as the Middle East.

The Summer collection is now available in Mango stores worldwide so start shopping!

Photos courtesy of: mango.com