CNN
—
Isaac Andic, founder of fashion giant Mango, died suddenly in an accident on Saturday, the company announced in a statement.
According to a statement signed by Mango CEO Toni Lewis, Mr. Andick was the company’s non-executive chairman.
“He dedicated his life to Mango and left an indelible mark thanks to his strategic vision, inspiring leadership and unwavering commitment to the values he himself instilled in our company.” It is written in
Catalan regional police told CNN that they received a report on Saturday afternoon that a 71-year-old man had fallen into a ravine more than 90 meters high near the Corbat cave in the popular tourist town of Salnitre, near Barcelona.
A Catalan source familiar with the incident told CNN that the victim was Isak Andić.
Police also said that police forces were dispatched to the cave and were able to recover the body.
Following Andic’s death, Spanish Prime Minister Pedro Sánchez said: “I would like to express my love and respect to you for your great work and business vision, which has transformed this Spanish brand into a global standard in the world of fashion.” I wrote this.
Catalonia’s regional president, Salvador Illa, wrote in an article for X that Andic has left an “indelible mark on the fashion industry in Catalonia and the world”, adding: “We made Catalonia great and communicated it to the world. He praised his achievements in contributing to the
Andic’s net worth was $4.5 billion, according to Forbes magazine. Mango brand was established in Barcelona, Spain in 1984.
Mango is one of Europe’s leading fashion groups, with stores in more than 120 markets, according to the company’s website. In 2023, the company’s sales exceeded $3.2 billion.
According to Mango’s website, the company currently operates 40 stores in the U.S. and plans to open 20 more next year.
