Mango denies its exit from Colombia
Mango desmiente su salida de Colombia
Intel ID : 234254
Synopsis |
Mango, a Spanish company engaged in clothing design and marketing, denied the closure of its stores in Colombia, as reported through a press release published by the parent company in Spain on 26 February 2016. Specifically, the company clarified that not only there is no intention of exiting the Colombian market but Mango is strengthening its presence in the country. According to Mercadeo y Moda's most recent announcement of store closure in Colombia, the company that has operated the brand in the country (see related Intel), Mango reiterates that there is no breach in contracts, and there has been nothing to indicate unfair competition.
(content in spanish)
Mango, empresa española dedicada al diseño y comercialización de prendas de vestir, ha desmentido el cierre de sus tiendas en Colombia, según un comunicado de prensa remitido por la casa matriz de España el 26 de febrero de 2016. En concreto, la firma ha aclarado que no sólo no existe ninguna intención de abandonar el mercado colombiano sino que la firma española está reforzando su presencia en el país. De acuerdo al más reciente anuncio de cierre de operaciones en Colombia por parte de Mercadeo y Moda, firma que ha operado la marca en el país (ver Intel relacionado), Mango reitera que no ha incurrido en ningún tipo de incumplimiento en los contratos suscritos con la firma, ni ha favorecido ninguna acción que pueda considerarse como competencia desleal. |
Intel ID | 234254 | |
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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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Primary Sector (TTRSC) |
15.01.02 Clothing 15 Consumer Products & Services / 15.01 Apparel & Accessories |
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Secondary Sectors (TTRSC) |
15.05.03 Clothing, Apparel & Accessories Retail 15 Consumer Products & Services / 15.05 Distribution & Retail |
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Description |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.