Latest news with #Circulose
Yahoo
17-07-2025
- Business
- Yahoo
Mango H1 turnover surges on ‘value proposition, robust model'
Mango said its collections which are 100% designed in Barcelona, along with its value proposition, remain popular with customers, driving the growth of its lines in H1. International business accounted for 78% of total turnover in the first half of the year. Spain, France, Türkiye, Germany and the United States are the markets that have recorded the highest turnover figures. During H1 of 2025, Mango continued to expand its physical channel, with 78 new openings and 30 refurbishments. At the end of June, the company had a total of 2,925 points of sale in more than 120 markets worldwide, of which more than 1,800 are company-owned and franchised shops and nearly 1,100 are corner locations. Mango's online channel has continued to grow, representing 31% of total turnover for the first half of the year. This reaffirms the strength of Mango's digital channel, which remains above the sector average and continues to be one of the key levers of the company's business model. In terms of investment, during the first half of 2025, Mango has allocated around €110m to strategic projects, 70% of which are concentrated on shop openings and refurbishments. The rest has been directed to key initiatives such as the development of Mango's new corporate campus, technological transformation and the last phase of the logistics centre expansion in Lliçà. The company has also strengthened its commitment to sustainability with new collaboration agreements with The Post Fiber and Circulose, as part of its circular fashion and environmental impact reduction strategy. Toni Ruiz, chairman and CEO of Mango, said: 'In an uncertain sectorial, macroeconomic and geopolitical environment, the positive results of the first half of the year confirm the robustness of our model and strengthen our strategy. We continue to grow with a long-term vision, executing a differential value proposition that is well received by our customers around the world, and with continuous improvement of our sales channels". "Mango H1 turnover surges on 'value proposition, robust model'" was originally created and published by Just Style, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fashion Network
14-07-2025
- Business
- Fashion Network
Former H&M CEO Helena Helmersson joins Mango's board
As part of its drive to reinforce corporate governance and global leadership, Spanish fashion brand Mango has appointed Helena Helmersson — former CEO of the H&M Group — to its board as an independent director. The move marks a new step in Mango's long-term 4E Strategic Plan, aimed at professionalizing its executive structure and aligning with international best practices. 'I'm incredibly proud to announce Helena's appointment. She brings exceptional expertise, a strong international outlook, and an impressive track record in the fashion industry. Her visionary leadership will help us reach new heights and accelerate our global ambitions,' said Toni Ruiz, Mango's president and CEO. Helmersson brings more than 20 years of international experience in the fashion sector. During her career at the H&M Group, she held several senior leadership roles, including CEO from 2020 to 2024, with oversight of sustainability, production, and global operations. She currently chairs the board of Circulose and also serves on the boards of On Holding AG and Quizrr. 'I'm honored and excited to join Mango's board,' said Helmersson. 'The brand is pursuing an ambitious growth strategy — expanding its product range and global reach while remaining a leader in sustainability. I'm impressed by what the team has achieved and look forward to contributing to its continued success.' Her appointment comes during a broader leadership transformation at Mango. Just last week, the company named Eva Gallego as the new head of its women's division, aiming to strengthen its core offerings and drive growth in this key category. The shift follows the recent departure of longtime executive Elena Carasso, who had served as director of online and customer experience for over three decades. She was succeeded by Marlies Hersbach. Additionally, Mango announced the exit of Jonathan Andic — former global director of Mango Man — who stepped down to lead his family's asset management firms. Josep Estol, who joined Mango in 2022 as executive director of the men's division, has taken over the role. With Helena Helmersson's appointment, Mango's board now includes Toni Ruiz as chairman and CEO, Jonathan Andic as vice chairman, and Daniel López and Margarita Salvans as executive directors. The board's independent members are Jordi Canals, Jorge Lucaya, Jordi Constans, Marc Puig, Manel Adell and Helmersson. Eugenia Jover serves as secretary to the board in a non-director role. Founded in 1984 by Isak Andic, Mango operates in over 120 markets worldwide, with a commercial network of more than 2,800 stores. In fiscal 2024, the company posted revenues of €3.34 billion, a 7.6% increase over the previous year. As part of its 2024–2026 Strategic Plan, Mango aims to close fiscal 2026 with €4 billion in revenue and 500 additional store openings across domestic and international markets.
Fashion Network
14-07-2025
- Business
- Fashion Network
Former H&M CEO Helena Helmersson joins Mango's board
As part of its drive to reinforce corporate governance and global leadership, Spanish fashion brand Mango has appointed Helena Helmersson — former CEO of the H&M Group — to its board as an independent director. The move marks a new step in Mango's long-term 4E Strategic Plan, aimed at professionalising its executive structure and aligning with international best practices. 'I'm incredibly proud to announce Helena's appointment. She brings exceptional expertise, a strong international outlook, and an impressive track record in the fashion industry. Her visionary leadership will help us reach new heights and accelerate our global ambitions,' said Toni Ruiz, Mango's president and CEO. Helmersson brings more than 20 years of international experience in the fashion sector. During her career at the H&M Group, she held several senior leadership roles, including CEO from 2020 to 2024, with oversight of sustainability, production, and global operations. She currently chairs the board of Circulose and also serves on the boards of On Holding AG and Quizrr. 'I'm honoured and excited to join Mango's board,' said Helmersson. 'The brand is pursuing an ambitious growth strategy — expanding its product range and global reach while remaining a leader in sustainability. I'm impressed by what the team has achieved and look forward to contributing to its continued success.' Her appointment comes during a broader leadership transformation at Mango. Just last week, the company named Eva Gallego as the new head of its women's division, aiming to strengthen its core offerings and drive growth in this key category. The shift follows the recent departure of longtime executive Elena Carasso, who had served as director of online and customer experience for over three decades. She was succeeded by Marlies Hersbach. Additionally, Mango announced the exit of Jonathan Andic — former global director of Mango Man — who stepped down to lead his family's asset management firms. Josep Estol, who joined Mango in 2022 as executive director of the men's division, has taken over the role. With Helena Helmersson's appointment, Mango's board now includes Toni Ruiz as chairman and CEO, Jonathan Andic as vice chairman, and Daniel López and Margarita Salvans as executive directors. The board's independent members are Jordi Canals, Jorge Lucaya, Jordi Constans, Marc Puig, Manel Adell and Helmersson. Eugenia Jover serves as secretary to the board in a non-director role. Founded in 1984 by Isak Andic, Mango operates in over 120 markets worldwide, with a commercial network of more than 2,800 stores. In fiscal 2024, the company posted revenues of €3.34 billion, a 7.6% increase over the previous year. As part of its 2024–2026 Strategic Plan, Mango aims to close fiscal 2026 with €4 billion in revenue and 500 additional store openings across domestic and international markets.
Fashion Network
14-07-2025
- Business
- Fashion Network
Former H&M CEO Helena Helmersson joins Mango's board
As part of its drive to reinforce corporate governance and global leadership, Spanish fashion brand Mango has appointed Helena Helmersson — former CEO of the H&M Group — to its board as an independent director. The move marks a new step in Mango's long-term 4E Strategic Plan, aimed at professionalizing its executive structure and aligning with international best practices. 'I'm incredibly proud to announce Helena's appointment. She brings exceptional expertise, a strong international outlook, and an impressive track record in the fashion industry. Her visionary leadership will help us reach new heights and accelerate our global ambitions,' said Toni Ruiz, Mango's president and CEO. Helmersson brings more than 20 years of international experience in the fashion sector. During her career at the H&M Group, she held several senior leadership roles, including CEO from 2020 to 2024, with oversight of sustainability, production, and global operations. She currently chairs the board of Circulose and also serves on the boards of On Holding AG and Quizrr. 'I'm honored and excited to join Mango's board,' said Helmersson. 'The brand is pursuing an ambitious growth strategy — expanding its product range and global reach while remaining a leader in sustainability. I'm impressed by what the team has achieved and look forward to contributing to its continued success.' Her appointment comes during a broader leadership transformation at Mango. Just last week, the company named Eva Gallego as the new head of its women's division, aiming to strengthen its core offerings and drive growth in this key category. The shift follows the recent departure of longtime executive Elena Carasso, who had served as director of online and customer experience for over three decades. She was succeeded by Marlies Hersbach. Additionally, Mango announced the exit of Jonathan Andic — former global director of Mango Man — who stepped down to lead his family's asset management firms. Josep Estol, who joined Mango in 2022 as executive director of the men's division, has taken over the role. With Helena Helmersson's appointment, Mango's board now includes Toni Ruiz as chairman and CEO, Jonathan Andic as vice chairman, and Daniel López and Margarita Salvans as executive directors. The board's independent members are Jordi Canals, Jorge Lucaya, Jordi Constans, Marc Puig, Manel Adell and Helmersson. Eugenia Jover serves as secretary to the board in a non-director role. Founded in 1984 by Isak Andic, Mango operates in over 120 markets worldwide, with a commercial network of more than 2,800 stores. In fiscal 2024, the company posted revenues of €3.34 billion, a 7.6% increase over the previous year. As part of its 2024–2026 Strategic Plan, Mango aims to close fiscal 2026 with €4 billion in revenue and 500 additional store openings across domestic and international markets.
Fashion Network
14-07-2025
- Business
- Fashion Network
Former H&M CEO Helena Helmersson joins Mango's board
As part of its drive to reinforce corporate governance and global leadership, Spanish fashion brand Mango has appointed Helena Helmersson — former CEO of the H&M Group — to its board as an independent director. The move marks a new step in Mango's long-term 4E Strategic Plan, aimed at professionalizing its executive structure and aligning with international best practices. 'I'm incredibly proud to announce Helena's appointment. She brings exceptional expertise, a strong international outlook, and an impressive track record in the fashion industry. Her visionary leadership will help us reach new heights and accelerate our global ambitions,' said Toni Ruiz, Mango's president and CEO. Helmersson brings more than 20 years of international experience in the fashion sector. During her career at the H&M Group, she held several senior leadership roles, including CEO from 2020 to 2024, with oversight of sustainability, production, and global operations. She currently chairs the board of Circulose and also serves on the boards of On Holding AG and Quizrr. 'I'm honored and excited to join Mango's board,' said Helmersson. 'The brand is pursuing an ambitious growth strategy — expanding its product range and global reach while remaining a leader in sustainability. I'm impressed by what the team has achieved and look forward to contributing to its continued success.' Her appointment comes during a broader leadership transformation at Mango. Just last week, the company named Eva Gallego as the new head of its women's division, aiming to strengthen its core offerings and drive growth in this key category. The shift follows the recent departure of longtime executive Elena Carasso, who had served as director of online and customer experience for over three decades. She was succeeded by Marlies Hersbach. Additionally, Mango announced the exit of Jonathan Andic — former global director of Mango Man — who stepped down to lead his family's asset management firms. Josep Estol, who joined Mango in 2022 as executive director of the men's division, has taken over the role. With Helena Helmersson's appointment, Mango's board now includes Toni Ruiz as chairman and CEO, Jonathan Andic as vice chairman, and Daniel López and Margarita Salvans as executive directors. The board's independent members are Jordi Canals, Jorge Lucaya, Jordi Constans, Marc Puig, Manel Adell and Helmersson. Eugenia Jover serves as secretary to the board in a non-director role. Founded in 1984 by Isak Andic, Mango operates in over 120 markets worldwide, with a commercial network of more than 2,800 stores. In fiscal 2024, the company posted revenues of €3.34 billion, a 7.6% increase over the previous year. As part of its 2024–2026 Strategic Plan, Mango aims to close fiscal 2026 with €4 billion in revenue and 500 additional store openings across domestic and international markets.
