European fashion group Mango has reported revenue of more than €1.54bn ($1.68bn) in the first half (H1) of 2024, a 6.
3% increase from the same period of the previous year. This marks the highest revenue in the company’s 40-year history. The gold standard of business intelligence.
The group attributes this achievement to the favourable reception of its collections and its Barcelona-designed value proposition. In the first six months of the financial year, Mango launched new capsule collections, including a collaboration with Victoria Beckham for its Woman line and with Italian tailoring house Boglioli for Mango Man. Mango Man experienced revenue growth above 21% while Mango Kids and Teen saw an increase of more than 11%.
The Woman segment, accounting for 79% of total revenue, was the main revenue driver with a growth of 4%. Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research.
Gain competitive edge. Your download email will arrive shortly We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form Internationally, Mango’s business thrived, with 78% of its total revenue coming from outside its home market.
Spain, France, Turkey, Germany and the US were the top contributors. The company also expanded its physical presence, opening 57 new stores in the first hal.