Gerard Melgar Barcelona
Barcelona
Updated Monday, March 18, 2024-7:31 p.m.
Empresas Mango doubles its profits with 172 million euros in 2023 and rules out going public
Companies The Monopoly of textiles: Inditex withdraws, Mango leads the openings and H&M drops ballast in the middle of the 'boom' of online sales
"Thank you for making our country a better Spain."
With these words,
King Felipe VI
presented this afternoon in Barcelona the
VIII Kingdom of Spain Award for Business Achievement
to
Isak Andic
, founder and president of
Mango
.
The jury of the award convened by the
Círculo de Empresarios
, the
Cercle d'Economia
and the
Círculo de Empresarios Vasco
has valued "his contribution to the economic and social development of Spain over several decades of effort and work creating employment, internationalizing its activities and contributing to the improvement of their environment and the well-being of the country".
Some reasons, points out the jury chaired by the director of the
Royal Spanish Academy
,
Santiago Muñoz Machado
, that make it "a reference for future generations."
Last week, precisely, Mango presented its income statement for the year 2023, in which it achieved a historical sales record, with more than
3.1 billion euros in turnover
(15% more than in the previous year), and doubled its benefits compared to 2022 with
172 million
net profits.
Born in
Istanbul
(Turkey) in 1953,
Andic
has managed to turn
Mango
into one of the giants of the
fashion industry
.
After opening in 1984, together with his brother
Nahman
, his first store on
Passeig de Gracia in Barcelona
, the city to which his family moved when he was a teenager, the
multinational
has grown to become one of the main international groups in the
sector .
textile
, with
2,700 points of sale in 115 countries
and more than
15,500 employees
.
Andic
, who thanked the business for recognition and said that the award is not for him, "but for
Mango
", is ranked 57th in the recent edition of the annual list prepared by the EL MUNDO supplement
The richest
in Spain, with
1,045 million euros
of net worth.
The King has referred to the co-founder of
Mango
and non-executive president of the company, who also appears in the latest list prepared by
Forbes
magazine in tenth place, as "one of the great entrepreneurs in the cradle of the textile industry, Barcelona." of the 100 richest people in Spain, in this case with a net worth of
2,700 million
in terms of the market value of their companies and assets,
cash
, investments, real estate and luxury assets.
The event was attended by the Minister of Industry and Tourism,
Jordi Hereu
, and the mayor of Barcelona,
Jaume Collboni
, who valued the importance of the role of businessmen like
Andic
"in the projection of the Barcelona brand."
Also present were the presidents of the three organizations convening the award:
Manuel Pérez-Sala
(Círculo de Empresarios),
Jaume Guardiola
(Cercle d'Economia) and
Andrés Arizkorreta
(Círculo de Empresarios Vascos).
The King in Barcelona
Upon arrival at the campus of the IESE
business school
, where the event took place, Felipe VI was received by Hereu, Collboni and the Government delegate,
Carlos Prieto
, but without any representative of the Generalitat.
With today's visit, the King has visited Barcelona three times in just one month, after the delivery of the offices to the 160 members of the 72nd class of the Judicial Career on February 14 and the inauguration of the
Mobile World Congress
(
MWC
). three weeks ago.
In the morning, the Monarch inaugurated one of the main exhibitions hosted by
Fira de Barcelona
,
Alimentaria & Hostelco
, which plans to attract
100,000
professional visitors until next Thursday in an edition with
3,200 exhibiting companies
, 900 of which are international.