Company Mango MNG Holding, S.A.U.
Country Spain
Email customer.service@mango.com
Telephone +34 938 602 222
Market Segment Mass Market
Core Business Apparel

Mango Financial Report 2018

 
 

Mango MNG Holding, S.A.U. Financial Report

Income Statement Trend

Total Revenue

It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income.

Operating Margin

Mango MNG Holding, S.A.U. doesn't provide its Operating Margin figure.

Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.

Net Profitability

It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.

Profit Ratio

It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.

Income Statement Highlights

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Total Revenue        
Gross Profit        
Net Income        

Balance Sheet Highlights

in Thousands of EUR20192018Δ
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Equity        

Net Sales by Country

in Thousands of EUR20192018Δ
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Europe        
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Official Websites

Mango website
Mango ecommerce

Official Social Media

Brand Description

Establishment

Year
1984
City
Barcelona
Country
Spain

Founder

Isaac Andic
Nahman Andic

Designer

Team of designers

Profile

Mango opened its first shop in 1984 on the Paseo de Gracia in Barcelona, based on a previous initiative created by Isaac Andic and his brother Nahman. In a revolutionary business idea where urban womenswear reflected the latest in fashion, the two brothers expanded their sales network to five shops in just one year, and were soon on the road to global fame.
What started out as a small team began to grow as a result of an ambitious production system based on the philosophy “just-in-time”, which defined product concepts, store design, quality standards, price and brand image. This solid approach has turned Mango into a Spanish fashion leader.

Business Strategy

Market Positioning

Mass Market

Core Business

Apparel

Target

Men
Women

Product Categories

Accessories
Apparel
Bags
Denim
Jewelry
Shoes
Swimwear
Underwear & Lingerie
 

Mango MNG Holding, S.A.U. profile

Name Mango MNG Holding, S.A.U.
Website mango.com/
Country Spain
VAT Number n.a.
Telephone +34 938 602 222
Fax n.a.
Date of foundation 1999
Type of Company Private

Headquarters

c/ Mercaders 9-11, Polígono Industrial Riera de Caldes E-08184 Palau-solità i Plegamans Barcelona, Spain

Ownership (Top Shareholders)

Mango MNG Holding, S.A.U. doesn't provide the information on its shareholders.

Mango MNG Holding, S.A.U. Brands

Mango Latest News

Mango announces list of global suppliers
Following Uniqlo, Mango has become the latest fast fashion brand to publish a supplier list and the first Spanish fashion brand to take this initiative. The brand has more than 800 foundries in the world. China has the largest number of suppliers, with 242 factories, accounting for 29.4% of the total, mainly for the production of shoes and accessories. Mango said that the list released this time mainly covers first-tier factories and will be updated at least twice a year. Later, the brand will announce more information about second- and third-tier factories.
 
Mango launches virtual chatbot
Mango is advancing the digital transformation of its customer service. Recently, it launched a virtual chatbot that continuously serves online users in 13 languages ​​in 15 markets, aiming to improve consumers' shopping experience and stimulate the growth of online channel business . As of the first half of this year, approximately 900,000 new customers have registered on Mango's official website. In the past three years, the company has invested nearly 150 million euros in e-commerce, technology and customer departments.
 
Mango sales performance has basically recovered
Mango recently revealed that, driven by the strong 50% growth of e-commerce channels, the brand's sales performance in some major markets is rapidly recovering, approaching the record sales level recorded in the same period last year. Overall, Mango's revenue in Germany, the third largest market, fell by 10%, Belgium fell by 4%, and sales in the Netherlands and Switzerland fell between 10% and 14%. However, CEO Toni Ruiz emphasized that the brand has performed better than expected in all markets, and the goal of e-commerce business accounting for 30% of total revenue may be achieved ahead of schedule.
 
Following Uniqlo, Mango launches reusable masks
Spanish fast fashion Mango recently revealed that its latest series will include a series of reusable masks for men and women. Prior to this, the brand has donated 2 million masks to medical staff. The masks sold by Mango this time are mainly made of materials that meet the UNE0065:2020 international standard, with a filtration rate of more than 90%, air permeability of less than 60%, and a maximum of 10 washes. In the future, Mango will also launch children's masks, as well as disposable hand sanitizers and hand creams.
 
Mango launches new colourful campaign
Mango's new campaign Life in Bloom is full of vibrant colours and optimism post-lockdown.

More about Fashion Industry response to COVID-19 crisis. 
 
Mango stores are reopening in 50 countries
Out of 72 countries in which Mango has stores, it is reopening stores in 50 countries, as the lockdown measures are reduced.

https://fashionbi.com/insights/marketing-research/fashionbi-fashion-business-during-coronavirus-pandemic

mango
 
Mango will be donating 1% of in-store sales
Mango pleged to donate 1% of in-store sales revenue to WHO’s solidarity fund for COVID-19

https://fashionbi.com/insights/marketing-research/fashionbi-fashion-business-during-coronavirus-pandemic

mango
 
Mango will donate 1% of physical store sales to WHO
Spanish fast fashion Mango announced that it will donate 1% of its physical store sales to the World Health Organization’s anti-coronavirus fund to support medical institutions fighting the virus. The plan will last for two months, and Mango's reopened stores in Europe, Russia, Turkey and New York will participate. To help the group better tide over the difficulties, CEO Tony Ruiz decided to give up all salary during the epidemic.
 
#MangoTogether
Mango supports its community by giving live concerts on its Instagram channel and sharing the stylish home looks from the Mango Girls all over the world under the hashtags #MangoTogether #StayHome

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