The fashion industry mourns the unexpected passing of Isak Andic, the founder of the renowned fashion brand Mango. Andic tragically died in an accident over the weekend, leaving behind a legacy of innovation and leadership in the fashion world.
As the non-executive Chairman of Mango, Andic played a pivotal role in shaping the company's strategic vision and values. His dedication to the brand was unwavering, and his impact on Mango was profound.
The circumstances surrounding Andic's death unfolded near Barcelona, where he fell down a ravine at the Collbató caves of Salnitre. The Catalan police confirmed the tragic incident and retrieved his body from the site.
Spanish Prime Minister Pedro Sanchez and Catalonia's regional president, Salvador Illa, both expressed their condolences and highlighted Andic's significant contributions to the fashion industry. With a net worth of 4.5 billion dollars, Andic's entrepreneurial spirit and business acumen propelled Mango to become a global fashion powerhouse.
Founded in 1984 in Barcelona, Mango has grown to become one of Europe's leading fashion groups, with a presence in over 120 markets worldwide. In 2023, the company's sales exceeded 3.2 billion dollars, underscoring its success and popularity among consumers.
Mango's expansion plans include opening 20 new stores in the US to add to the existing 40 locations. The brand's commitment to innovation and style continues to resonate with fashion enthusiasts globally, cementing its position as a key player in the industry.