Mango Reports 8% Sales Growth in 2024 Amid U.S. Expansion

Reported about 6 hours ago

Spanish fashion retailer Mango has announced an 8% increase in sales for 2024, totaling 3.33 billion euros, driven by international expansion, particularly in the U.S. The company's net profit rose by 27%, and it plans to reach 4 billion euros in sales by 2026. Mango also invested 219 million euros to open 260 new stores, with ambitions to expand its U.S. footprint by opening more than 60 additional stores by 2025.

Source: YAHOO

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