Mango's Strides Towards Growth: A 2023 Recap and the Road to 2026
Mango achieved a 20% sales increase in 2023, reaching 3.1 billion euros, with online sales making a significant contribution. The company's net profit doubled to 172 million euros from the previous year. Through strategic expansion, including the opening of 130 new stores, Mango is on track to meet its ambitious goal of 4 billion euros in sales by 2026. This plan focuses on broadening its market presence, particularly in the U.S., which is poised to become one of Mango's top markets. Leadership enhancements and investments in technology are central to Mango's growth strategy, aiming to enhance customer experience and operational efficiency.
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