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Mango Releases Multi Brand Hypermarket Plan

2013/10/20 21:10:00 20

MangoMulti Brand HypermarketClothing Brand

< p > Spain < a href= "//www.sjfzxm.com/news/index_f.asp" > dress > /a > retailers Mango has released the 10 year plan before, which is known as the goal of catching up with Zara parent company Inditex.

Recently, a formal plan was set up for the "hypermarket" mentioned before, and plans to set up 200 comprehensive stores with multi brands by the end of 2014.

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< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > Mango < /a > vice president Daniel Lopez said that the group's revenue last year was 1 billion 700 million euros. "We hope that such a hypermarket will increase revenue to 5 billion euros in the next five to six years."

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< p > according to the relevant data, Mango opened 197 new stores last year, 180 overseas and 17 only in Spain. As at the end of 2012, there were 2600 stores in 107 countries. The net profit of Mango group increased by 79% in 2012 to 113 million 400 thousand dollars after tax, and its income increased from 20% to 1 billion 691 million euro yuan, of which 84% came from the international market.

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< p > Mango has previously said it plans to invest 265 million euros in new stores, refurbished stores and logistics and information systems in 2013, while last year's investment was 165 million euros.

In order to further expand, Mango also plans to build a hypermarket store in Europe. This store will set up all brands and series including HE by Mango, Mango Touch, Mango Kids, Mango Sport, Mango Mango and so on, and the average area of "hypermarket" will reach 800 square meters to 3000 square meters.

In addition, brands will also enter Angola, Equatorial Guinea, Mongolia and Zimbabwe this year.

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The "P" Mango store will increase from an average of 3200 square feet to a new standard of 8600 square feet to 320000 square feet.

Daniel Lopez said that the average sales area of Mango women's clothing will reach 10760 square feet, and men's clothing will be 3200 square feet. In addition, there will be a series of children's sports and so on this year.

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< p > > a href= "//www.sjfzxm.com/pioneer/" > Daniel Lopez < /a > indicates that this form of hypermarket is planned to open 13 this year, and will increase to 200 by the end of 2014.

The stores will mainly focus on Spain, France, Germany, Belgium, Holland, Luxemburg, Russia, Italy, Norway and Poland.

There are no plans for similar stores in the US.

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< p > at the end of last month, niqlo Fast niqlo Retailing, a parent company of UNIQLO, opened UNIQLO SHANGHAI UNIQLO in Shanghai, which gathered many brands such as GU, Comptoir des Cotonniers, Princesse, Princesse and so on.

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