The fashion industry is in mourning following the unexpected death of Isak Andic, the visionary founder of Mango, who passed away on Saturday in a tragic accident. According to a statement from Mango, Andic died in the caves of Montserrat, a renowned natural landmark located just outside of Barcelona.
Andic, who served as the non-executive Chairman of Mango, was celebrated for his strategic foresight and leadership that propelled Mango into a global fashion powerhouse. “He dedicated his life to Mango, leaving an indelible mark thanks to his strategic vision, his inspiring leadership, and his unwavering commitment to values that he himself imbued in our company,” said Mango CEO Toni Ruiz in a heartfelt statement.
Founded in 1984 by Andic in Barcelona, Mango has grown to become one of Europe’s leading fashion brands, with a presence in over 120 markets worldwide. The company’s financial achievements are notable, with sales surpassing $3.2 billion in 2023. In the United States alone, Mango operates 40 stores, with plans to expand with 20 additional locations in the coming year.
Spanish Prime Minister Pedro Sanchez expressed his condolences via X (formerly Twitter), stating, “All my affection, and recognition for your great work and business vision, which has turned this Spanish brand into a world reference in fashion.” His sentiments were echoed by Catalonia’s regional president, Salvador Illa, who praised Andic’s contribution to both the local and global fashion sectors.
Andic’s passing marks a significant loss not only for Mango but for the broader fashion industry. Renowned for his innovative approach and commitment to accessible fashion, Andic’s influence extended beyond fashion to significant economic contributions within Spain. According to Forbes, Andic’s personal net worth was estimated at $4.5 billion, underscoring his success and impact.
Fashion analyst Maria Gonzalez described Andic as a pioneer in bringing Spanish fashion to a global stage. “His model of combining chic design with affordability has set a benchmark in the fashion retail industry,” she noted.
Mango’s continued expansion, particularly in the US market, signifies the brand’s ongoing momentum, a testament to Andic’s enduring legacy. With continued growth plans, Mango is poised to honor his vision by strengthening its global footprint.
As the fashion world continues to digest this loss, Mango and its stakeholders are committed to preserving Andic’s legacy through innovation and expansion. Andic’s profound impact on fashion will undoubtedly be remembered as Mango continues to thrive as a testament to his life’s work.