16 June 2022, Mumbai:
Spanish clothing design and manufacturing company Mango plans to open 70 new stores in France by 2025-end.
*The brand recently opened a new retail concept store on Paris’ Boulevard Haussmann. It currently has 223 stores in the country.
France is a strategic market for the retail group. To expand its presence in the country, the group plans to have 20 stores this year, including 12 new company stores and franchised locations in key cities.
From 2023 to 2025, Mango will open between 20 and 24 new stores per year, or about two new stores per month.
Along with these new store openings, Mango plans to invest in store network renewal over the next few years. The renovation of the Haussmann store and two other large stores in the heart of Paris began with a €3.5 million investment.
CREDITS: *Apparel Resources
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