In the U.S.A., Mango invests €65 million to open 60 stores in 2 years

At the end of November 2024, a month ahead of schedule, Mango (sales 2023: €3.1 billion, up by 20% at constant exchange rates, net profit of €172.1 million, up by 112%) achieved store targets, with 40 new openings in the U.S.A. A further 20 are planned for 2025, notably in Seattle, Chicago and Las Vegas. This two-year American expansion plan represents €65 million of CAPEX.

To remember: In 2023, e-commerce accounted for 33% of Mango’s sales. With 42 stores and e-commerce business, the U.S.A....