After H&M announced the opening of a couple of sports fashion stores in London for the Olympics, Mango announced that it is considering the development of a new line of sportswear and “homewear” within the next two-three years. This adds to recent announcements by the company in May about a new clothing line for young people. As reported in the Spanish press, the brand aims to recover ground among a younger audience, after evolving toward a more adult public over the last few years. The Catalan group, with 11,000 employees worldwide and 82 percent of turnover being made on the international market, added 644 new stores this year and has plans to open 80 more stores in China and 30 in Russia, the countries in which it anticipates the best sale increase.

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