Mango gets a boost in Colombia. The Spanish fashion distribution group continues to acquire in one of its main markets in Latin America by opening a new business unit.
Soon, Mango on the first floor of the MallPlaza shopping center will raise blindness on the trade with 120 square meters, in the city of Manizales, the first in the city, according to The viewer.
With this opening, the Spanish group will add 49 sales outlets in Colombia, its second largest market in Latin America, to Chile. Mango works in the country of coffee in the hands of the local giant Grupo Uribe.
Mango has nearly 50 stores in Colombia, where Grupo Uribe is a local partner
The last opening of the company in Medellín was added to the establishment of Manizales. A few weeks ago Mango rose blind macrotienda at the Viva Envigado Shopping Center.
The Spanish group is in the process of reorganization after the signature of the new CEO in October last year. As Modaes predicted, Mango set up Toni Ruiz, his financial director, as the company's executive director.
The company ended with a revenue of 2,194 million euros (2,496 million dollars) in 2017, which is 2.9% less than in 2016. The group is present in 110 countries and has 2,190 outlets.