Spain's Mango Dress Will Continue To Increase Investment In 2012.
It specializes in fashion women's clothing and stores in over 90 countries around the world. Trust a dynamic, positive, and constantly developing new skills team. The MANGO group, composed of MANGO MNG Holdings Limited and its subsidiaries, has a turnover of 1 billion 408 million euros in the fiscal year 2011, which is equivalent to the recommended retail price of the company's Direct stores, excluding the value added tax, plus the wholesale sales to franchisee. This represents a 11% increase in company turnover than in 2010.
The turnover in 2011 is 1 billion 408 million euros, and the turnover of the company is 11% higher than that in 2010. It will enter Burma and Pakistan market for the first time.
Also because of the dominant position of MANGO brand in the internationalization direction, Turnover 82% came from the international market while the remaining 18% came from the domestic market.
In 2011, MANGO opened 644 stores worldwide, of which 8 were in Spain and the remaining 636 were in foreign markets. In addition, chain stores also spread across the Eastern European, Middle East and Asian markets, and entered the markets of Bermuda, Monaco, Guadeloupe, Kyrgyzstan, Sri Lanka and Kampuchea.
China and Russia are the main markets for MANGO. Due to the huge growth potential of the two countries, MANGO plans to open 80 retail outlets in China and 30 in Russia. Europe is still the main target market, and MANGO has opened stores in France, Germany, the United Kingdom, Italy, Poland and other countries. In South America and Central America, MANGO has opened new stores in Argentina, Chile, Peru, Venezuela, Guatemala, Mexico, Columbia, Dominica and Ecuador to enhance its popularity. In the Middle East, MANGO will open new stores in countries such as Qatar, Kuwait, Saudi Arabia and Iran.
In 2011, the total sales volume of the company reached 36 million 200 thousand euros, an increase of 72% over last year. Internet users from all over the world can now buy MANGO products through the Internet. These include: Europe, the United States, Canada, Japan, Korea, Turkey, China, Russia, Hongkong, Macao, India, Philippines and Malaysia. In 2012, MANGO plans to expand the network sales segment and turn over turnover. MANGO has its own website www.mango.com. Not only that, MANGO will also open online franchising stores on world class websites.
MANGO currently has 11000 employees worldwide and 2400 retail stores in 107 countries. In 2012, the brand will enter the Burma and Pakistan markets, and MANGO stores will be the 109 largest in Spain. International character Fashion brands.
It is estimated that the group's investment in 2012 will reach 140 million euros, and it will be used to open new stores, shop decoration, logistics system and IT system.
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