With its arrival in these countries, the chain continues to consolidate its presence in the international market

MANGO, Spain’s most international fashion firm, is to enter the Iranian and Iraqi markets at the end of 2008. In Iran, the chain is planning to open a store in the centre of the capital, Teheran. Following this opening, the chain will open a second store in the capital and another on Kish Island. Over the next 5 years, MANGO will
continue its expansion with 10 new openings in the cities of Isfahan, Mashhad and Shiraz. The chain will arrive in Iraq in December 2008 with the opening of a store at a shopping centre in Erbil, a city located in the north of the country, in the Kurdish province of Erbil.

MANGO’s entry in both countries once again demonstrates its strong commitment towards the Middle East. With these openings, the brand is now present in all the countries in the region, where it first arrived in March 1997 with the opening of its first store in Kuwait. The same year, it opened a store in the city of Dubai.
MANGO is Spain’s second largest exporter of women’s fashion. Its concept is based on an alliance between a quality product, in accordance with the latest fashion trends, and an affordable price. The brand image is reinforced by its companyowned stores, which represent the calling card for the brand and create a dynamic
atmosphere in accordance with the personality of its customers.

The firm, which is still Spain’s most international designer fashion brand, opened 152 stores during 2007, of which 8 were located in Spain and 144 abroad. The chain now has 1,100 stores in 90 countries and plans to open approximately 180 stores in 2008. In financial terms, the chain ended the 2007 financial year with a
turnover of 1.333 billion euros, representing a 6% increase on the previous year.

This entry was posted on Wednesday, July 9th, 2008 at %I:%M %p and is filed under Expansion, MANGO News. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.