Mango seeks strategic partner to stay in Colombia
Mango busca socio estratégico para continuar en Colombia
Intel ID : 237406
| Synopsis |
|
Mango, a Spain-based fashion retailer, is seeking a strategic partner to be able to retain its operations in Colombia, reported Modaes.es on 6 June, 2016. The company, which announced a strategic alliance in April 2016 with Panama-based Grupo Wisa to launch a macro store in Colombia (see related intel), has revoked the latter's representation of Mango in Colombia following the addition of Grupo Wisa in the so-called Clinton List and the detention in Colombia of Nidal Waked, the nephew of the owner of Wisa, Panamanian businessman, Abdul Waked. From now on, Mango is carrying out a strategic restructuring process in Colombia and will operate in the country through its online shop and 33 sales points in the Falabella stores.
(content in spanish)
Mango, empresa española de moda, se encuentra en la búsqueda de un nuevo socio estratégico para poder continuar sus operaciones en Colombia, según ha informado el portal Modaes.es el 6 de junio de 2016. La firma española, que en abril de 2016 anunció una alianza estratégica con la compañía panameña Grupo Wisa para poner en marcha una macrotienda en Colombia (ver Intel relacionado), ha roto la representación de Mango en Colombia luego de la inclusión del Grupo Wisa en la llamada Lista Clinton y de la detención en Colombia de Nidal Waked, sobrino del propietario de Wisa, el panameño Abdul Waked. A partir de ahora, el grupo catalán se encuentra en proceso de reestructuración estratégica en Colombia y operará en el país a través del canal online de la empresa y de los 33 puntos de venta que el grupo posee en Falabella. |
|
||||
| Intel ID | 237406 | |||
| 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 |
|||
| Date |
|
|||
| Country |  |
|||
| Region | ||||
| Continent | |
|||
| Geography | |
|||
| Subsector (Old TTR Sectors) |
|
|||
| Type |
|
|||
| Intel Grade |
|
|||
| Source |
|
|||
| Tags | |
Target
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| 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 |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Related Entity
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
15.05.03 Clothing, Apparel & Accessories Retail 15 Consumer Products & Services / 15.05 Distribution & Retail |
||
| Secondary Sectors (TTRSC) |
15.05.11 Multiline Retail (Department, Discount & Convenience Stores) 15 Consumer Products & Services / 15.05 Distribution & Retail |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Related Entity
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Country |
|
||
| Website |
|
||
| Description |
|
Radar
| Date | Title | Type | Intel Grade | Country | Subsector | ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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.