MANGO opens its largest store in Asia at Wisma Atria shopping centre in Singapore
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The store, located in the busy Wisma Atria shopping centre, stocks the firm’s different brands (MANGO, MANGO Man and MANGO Kids) and represents the fifteenth MANGO store in Singapore since it arrived in the capital in 1995.
Toni Batlló, MANGO’s Director of International Expansion, declared: This opening represents a challenge for the company and a commitment towards the Asian market. The new store also strengthens our brand image in the country and consolidates the firm’s different brands. This is a market with plenty of potential and the new flagship store confirms MANGO’s commitment to continue growing and to extending our expansion plan.
MANGO opened its first store on Barcelona’s Passeig de Gràcia in 1984, and now has over 2,700 stores in 108 countries. MANGO closed the 2014 financial year with a Consolidated Group turnover for the MANGO-MNG Holding of 2.017 billion euros, representing a 9% increase on 2013, and an EBITDA of 223 million euros.
Questions & Answers
Q.What does this new store mean for MANGO's presence in the Singaporean market?
What does this new store mean for MANGO's presence in the Singaporean market?
This is MANGO's fifteenth store in Singapore since 1995. It strengthens their brand image and consolidates their different brands, confirming their commitment to continued growth and expansion in the market.
Q.How does the Singapore store compare in size to MANGO's other locations in Asia?
How does the Singapore store compare in size to MANGO's other locations in Asia?
At over 1,200m2, this store is MANGO's largest in the region. It is distributed on a single floor within the Wisma Atria shopping centre in Singapore.
Q.What financial performance did MANGO achieve in the 2014 financial year?
What financial performance did MANGO achieve in the 2014 financial year?
MANGO-MNG Holding reported a consolidated group turnover of 2.017 billion euros in 2014, marking a 9% increase from 2013. Their EBITDA for the year was 223 million euros.
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