mango

The Director General of the Catalan fashion retailer, Enric Casi, had already warned that the MANGO's profits in 2011 would be lower than usual due to its extensive investments and expansions abroad. In 2012, the company expects a profit of €200 million due to the investments and has already seen positive results for the first months of this year. The successful multinational was founded in Barcelona in 1984 and has over 2,400 outlets in 107 countries and over 11,000 employees.

During four intense days, the ceremonial hall of the old Palau del Rei (King’s Palace) of Barcelona, the Saló del Tinell, became a catwalk full of glitter, aromas and, above all, glamour.

Barcelona’s independent fashion fair kicks off this week, running from Wednesday 25th to Saturday 28th. The fall-winter 2012/2013 collections of prestigious brands and designers such as Desigual, Pierre Cardin or Mango will be presented in the centre of Barcelona’s Gothic Quarter in the Plaça del Rei (King’s Square) and the Saló del Tinell, inside the former King’s Palace.

The FC Barcelona football player Gerard Piqué and the Catalan retail company announced the news today. Piqué will represent the brand for the next two seasons. In doing so, Mango plans to promote its male clothing section.

The president of the multinational Catalan clothing store Mango, Isak Andic, affirmed, “We are not even at 30% of our capacity. “In 4 years, Mango will be twice what it is now”. Mango currently operates 1,200 stores in 105 countries and hopes to open 400 new establishments in 2011. They plan to become one of the top 3 clothing companies in the world.

The Catalan clothing company Mango collaborates with United States’ department store JCPenney. Mango has opened in their malls 77 new shops throughout the U.S. In addition, the Catalan company plans to have 300 stores opened by next April and 600 by Fall 2011.