Mango opens new retailer in Berkshire as a part of UK growth push

The Spanish vogue model Mango continues to extend its worldwide retail presence. As a part of your Enlargement technique of the UK, whose goal is to attain greater than 100 retail places Within the nation lastlyThe corporate has opened a brand new retailer in Berkshire, in southern England.

Positioned within the lexicon, a buying and leisure advanced in Bracknell, the shop is devoted completely to the gathering of mango girls’s clothes. Like its most up-to-date openings, the brand new location presents the brand new medium idea, impressed by Mediterranean design. The idea affords a heat and sustainable aesthetic that integrates pure and artisanal supplies and emphasizes architectural concord.

Mango first entered the UK market in 1999. Since then, he has continually expanded his footprint, ending final yr with greater than 80 shops all through the nation. This progress has been performed by a retail improvement plan launched in 2021, When the corporate opened its first flagship retailer on Oxford Avenue in London.

Persevering with with its growth below the framework of its formidable Strategic Plan 4E 2024–2026, Mango plans so as to add 20 extra shops in the UK on the finish of this yr. On this context, the model additionally lately opened one other retailer centered on girls’s clothes in He Robust Business Park in Birmingham.

Nonetheless, mango worldwide growth plans transcend the British market. The corporate is actively rising in different key international locations, together with the USA, the place it plans to open one other 20 shops this yr, in addition to Italy and Germany.

Based by Isak Andic in 1984, the corporate primarily based in Barcelona now operates in additional than 120 markets worldwide, with a community of Greater than 2,800 retail places. As a part of its present growth technique, Mango goals to open 500 extra shops worldwide on the finish of 2026.

Financially, the mango, led by President and CEO Toni Ruiz, Noticed’s earnings grows 7.6% in fiscal yr 2024, reaching € three,339 billion. Whereas the corporate doesn’t break down its gross sales by product class, girls’s clothes represented 79% of whole earnings, and the model’s principal gross sales driver remained. mango It’s to level Document gross sales of € four billion by the top of 2026.