Latest news with #ThePostFiber
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
Fibre2Fashion
01-07-2025
- Business
- Fibre2Fashion
Spain's Mango invests in The Post Fiber for circular fashion drive
Mango, one of the leading international groups in the fashion industry, is advancing on its path towards sustainability by becoming the first major brand to enter the capital of The Post Fiber, an innovative start-up that is driving the transition of the fashion industry towards a circular model, by focusing on the management and recycling of post-consumer textile waste to produce new fibres for garment manufacturing. The investment, which will be channelled through Mango StartUp Studio, the company's fashion start-up accelerator, makes the company one of the first fashion companies to incorporate post-consumer recycled fibres into its collections. Mango has become the first major fashion brand to invest in The Post Fiber, a start-up focused on recycling post-consumer textile waste. Through Mango StartUp Studio, it launched a capsule collection for Mango Teen using 80% recycled material. The move supports Mango's circularity goals, aiming for 40% recycled fibres by 2030 under its 2024–2026 Strategic Plan. Specifically, the fashion company has launched a collection made from post-consumer recycled fibres for its youth line, Mango Teen. This new limited-edition capsule, available through and in selected stores, is made up of 10 products such as t-shirts and sweatshirts, the majority of which are made from 80% recycled material. The novelty of the project lies in the fact that, of this percentage, around 15% comes from The Post Fiber, in other words, fibres from garments that have reached the end of their useful life and have been recovered through textile containers. These are shredded and transformed into new yarn and fabric, giving rise to new garments and thus contributing to the closing of the textile cycle. The remaining 65% of the recycled material used in the collection comes from post-industrial waste. In addition, the garments in the collection have been dyed using Pigmentura, an innovative garment dyeing technique that significantly reduces water and energy consumption, minimising environmental impact. The Post Fiber, made up of four leading companies in the textile sector: Hallotex, Textil Santanderina, Moda-Re and Margasa, offers a pioneering solution in the management of post-consumer textile waste. With a focus on innovation, traceability and transparency, The Post Fiber prepares and processes the recyclable part of post-consumer garments and transforms it into high quality fibre for its industrial partners to convert into new yarns, fabrics and garments, complying with the strictest sustainability criteria. "At Mango we see sustainability as a transversal pillar of our business model, a structural and deep commitment and a lever of business transformation that we have been internalising for more than two decades. It is clear to us that progress in sustainability is not a question of size, but of approach and that the path is more collaborative than competitive. Therefore, this alliance with The Post Fiber represents a joint effort towards the transformation of the industry and a clear commitment to circularity in the textile sector, not only as a lever for the reduction of environmental impact, but also as an opportunity for value creation" says Andrés Fernández, Director of Sustainability and Sourcing at Mango. Mango is also joining The Post Fiber's Board of Directors with the addition of Berta Moral, Director of Mango Kids and Mango Teen. "By collaborating with innovative start-ups, such as The Post Fiber, we seek not only to significantly advance our commitment to integrate a higher percentage of recycled fibres in our collections, but also to support the growth of these emerging companies that are transforming the industry. With this initiative, we are contributing to scaling solutions that promote circular fashion and reduce the environmental impact of operations across the sector," Moral underlines. Commitment to society and the environment Mango continues to develop its sustainability strategy towards a more responsible business model, committed to innovation and the use of new generation materials, promoting circularity in its collections, the decarbonisation of the supply chain and the well-being of the people who form part of the company's value chain. During 2024, Mango has taken important steps in its roadmap, achieving progress in circularity, environmental impact and social commitment, in order to create more responsible fashion as a strategic pillar of its value proposition. In relation to the materials used in its collections, the company has made progress towards its goal of using 100% fibres with a lower environmental impact by 2030. In the last financial year, Mango succeeded in 72% of the fibres used in its garments being of lower environmental impact, of which 25% were recycled. With the investment in The Post Fiber, the company is continuing to make progress towards its goal of increasing the use of recycled fibres to 40% in its collections by 2030. All these initiatives and measures confirm and reinforce Mango's commitment to the objectives set out in its 2024-2026 Strategic Plan, the 4E Plan. The company expects to reach a turnover of more than 4 billion euros by 2026, maintaining its commitment to quality, in-house design, innovation and sustainability. Fibre2Fashion News Desk (RM)
Fashion Network
01-07-2025
- Business
- Fashion Network
Mango opens Berlin store and launches recycled Teen capsule with The Post Fiber
Mango has taken key steps in its 2024–2026 strategic plan by strengthening its international footprint and advancing its sustainability goals. The Catalan fashion company recently opened a flagship store in Berlin and invested in The Post Fiber, an emerging start-up specializing in recycling post-consumer textile waste into new fibers. Located at 88–89 Friedrichstrasse, just steps from Berlin's iconic Brandenburg Gate, the 1,100-square-meter flagship brings together Mango's Woman, Man and Kids collections. Designed under the brand's New Med concept, the space blends Mediterranean influences—natural materials, warm tones and architectural harmony—to create a sensorial experience that reflects Mango's identity. 'We're proud to strengthen our presence in Berlin—one of the world's leading fashion capitals—by uniting three of our five lines under one roof,' said Daniel López, director of expansion and franchising at Mango. 'This opening marks a significant step in our growth strategy, allowing us to deepen our connection with customers and deliver the full Mango experience in-store.' With the addition of the new flagship, Mango now operates six stores in Berlin. The brand has maintained a presence in Germany since 1996 and, by the end of 2024, had over 450 points of sale across the country. Looking ahead, Mango plans to open 10 more locations in 2025, including a new flagship in Munich and a renovated store in Hannover. The Post Fiber collaboration As part of its wider growth strategy, Mango has invested in The Post Fiber, a start-up that transforms post-consumer textile waste into new fibers. The equity investment, made through Mango StartUp Studio, also led to the launch of a capsule collection under the Teen line, featuring garments made from recycled materials. The limited-edition collection includes 10 pieces—such as T-shirts and sweatshirts—made primarily from 80% recycled fibers. Of that total, 15% comes from textile waste processed by The Post Fiber. All garments were dyed using the Pigmentura technique, which Mango says significantly reduces water and energy usage. 'Sustainability has long been a core pillar of Mango's business model—a deeply rooted commitment and a driver of transformation that we've embraced for more than 20 years,' said Andrés Fernández, Mango's director of sustainability and sourcing. 'This collaboration with The Post Fiber represents a shared ambition to reshape the fashion industry through circularity—not only to reduce environmental impact, but also to create long-term value.' As part of the agreement, Berta Moral, Mango's director of the Teen and Kids lines, will join the board of The Post Fiber. 'Collaborating with innovative start-ups like The Post Fiber allows us to increase the use of recycled fibers in our collections while also supporting the growth of businesses that are redefining the industry,' Moral said. This initiative strengthens Mango's broader sustainability roadmap, which includes a target to reach 40% recycled fibers across its collections by 2030. In the most recent fiscal year, 72% of Mango's fibers were classified as lower-impact, with 25% being recycled. Other circularity projects include the brand's work with the Retexcat initiative, which led to the release of two children's garments made entirely from recycled materials. Founded by Isak Andic in 1984, Mango currently operates in more than 120 markets with a retail network of over 2,800 points of sale. In fiscal 2024, the company posted 7.6% growth, generating €3.339 billion in revenue. Mango aims to reach €4 billion and add 500 new stores by the end of 2026.
Fashion United
30-06-2025
- Business
- Fashion United
Mango invests in The Post Fiber, to incorporate recycled fibres into collections
Spanish fashion giant Mango has stepped in as the 'first major brand' to invest in The Post Fiber. The start-up manages and recycles post-consumer textile waste to be used in the production of new fibres for the creation of garments. Made via Mango StartUp Studio, the brand's start-up accelerator, the funding intends to contribute to Mango's wider sustainability strategy, in which it has committed to using 100 percent fibres with a 'lower environmental impact' by 2030. In addition to the investment, the director of Mango Kids and Mango Teen, Berta Moral, will be joining The Post Fiber's board of directors. Other terms of the investment were not disclosed. In a statement, Moral said that through the partnership with the firm, Mango seeks 'not only to significantly advance our commitment to integrate a higher percentage of recycled fibres into our collections, but also to support the growth of these emerging companies that are transforming the industry'. To coincide with the news, Mango has launched a limited-edition collection for its youth line, Mango Teen, using The Post Fiber's recycled fibres. The capsule consists of 10 products, the 'majority of which are made from 80 percent recycled material', of which 15 percent comes from The Post Fiber, a press release stated. The remaining recycled material derives from post-industrial waste, while the dye used is created using garment dyeing technique, Pigmentura, which reportedly 'reduces water and energy consumption'. The Post Fiber is a Spanish recycling company made up of four textile firms; Hallotex, Textil Santanderina, Mode-Re and Margasa. According to the company, it complies with the 'strictest sustainability criteria' in its process of recycling post-consumer garments and transforming them into fibre for industrial partners to convert into yarns, fabrics and garments.
