The founder of the Spanish fashion brand Mango, Isak Andic, died Saturday in an accident in Spain, the company said.
Andic was born in Istanbul, but his family moved from Turkey to Catalonia in the 1960s, when he was 14.
Leaders pay tribute to Andic “Isak has been an example for all of us.
He dedicated his life to Mango, leaving an indelible mark thanks to his strategic vision, his inspiring leadership and his unwavering commitment to values that he himself imbued in our company,” Mango CEO Toni Ruiz said in a statement.
Like its main domestic competitor, Inditex, the world’s largest fashion retailer, Mango strives to quickly adapt its production to the latest fashion trends while offering affordable prices.
According to the Spanish fashion brand Mango, Isak Andic, its founder, passed away in an accident in Spain on Saturday.
According to Spanish media, the 71-year-old businessman slipped and fell off a cliff while hiking with his family in the mountains close to Barcelona.
At the age of 14, Andic’s family relocated from Turkey to Catalonia in the 1960s, although he was born in Istanbul.
In 1984, he helped Mango open its first store in Barcelona, and over the ensuing decades, he helped the company grow into one of the top fast fashion brands in Europe.
Leaders give Andic their respect.
“Isak has served as our collective role model. Through his strategic vision, inspirational leadership, and unwavering dedication to values that he himself instilled in our company, he dedicated his life to Mango, leaving an enduring impression,” Mango CEO Toni Ruiz said in a statement.
On social media, Spanish Prime Minister Pedro Sanchez also honored Andic, lauding his “business vision and hard work that turned a Spanish brand into a global fashion leader.”. “..”.
“A dedicated businessman who, with his leadership, has contributed to making Catalonia great and projecting it to the world,” said Salvador Illa, the head of Catalonia’s regional government. “..”.
Describe Mango.
Every year, Mango sells almost 160 million pieces of clothing and accessories. Both formal and informal styles are available from the brand.
Mango operates 2,700 locations across 120 markets. In 2023, its sales of €3.1 billion ($3.2 billion) set a company record. By 2026, Mango hopes to have over 3,000 locations worldwide as part of its most recent strategic plan.
Mango aims to provide reasonable prices and swiftly adjust its production to the newest fashion trends, much like its primary domestic rival, Inditex, the biggest fashion retailer in the world.
Mango outsources its production mostly to low-cost countries in Asia and Turkey because it lacks its own factories.
dh/jcg (Reuters, AFP, and AP).
