Radar > 234155

Mango announces store closure in Colombia

Mango anuncia cierre de sus tiendas en Colombia

Intel ID : 234155
Synopsis

Mango, a Spanish manufacturer and commercializer of clothing items, announced it will close its stores in Colombia, as published by newspaper El Tiempo on 25 February 2016.

Specifically, throughout this month Mango will close its MNG stores, which is the name of the company's establishments in the country.

Mercadeo y Moda's management team, the company that commercializes the brand, sent a letter to Mango España's president, Isak Andic, to notify the closure of 12 stores by 28 March 2016.
(content in spanish)

Mango, empresa española dedicada al diseño y comercialización de prendas de vestir, ha anunciado el cierre de sus tiendas en Colombia, según ha informado El Tiempo el 25 de febrero de 2016.

En concreto, la firma realizará el cierre de tiendas MNG, como se conoce en el país a la marca española, durante el transcurso de un mes.

La directiva de Mercadeo y Moda, firma que opera la marca, ha enviado una carta al presidente de Mango España, Isak Andic, en la que le notifican el fin de operaciones de los 12 puntos de venta, cuya fecha de cierre total está planeada para el 28 de marzo de 2016.

Seller


Intel ID 234155
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Mango
(31 Dec 2023)
Revenue: EUR 3.103,80m
EBITDA: EUR 533,48m
Net Debt: EUR 1.060,45m
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Seller

Name
verified
Subsector (Old TTR Sectors)
Industry / Fashion and Textile (Primary)
Services and Distribution / Distribution and Retail
Primary Sector (TTRSC)
15.01.02 Clothing
15 Consumer Products & Services / 15.01 Apparel & Accessories

Secondary Sectors (TTRSC)
15.05.03 Clothing, Apparel & Accessories Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

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potential Potential: Unconfirmed as a party to an active or possible transaction.

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