Mango Reports Robust Growth and U.S. Expansion Plans for 2025

The Spanish fashion retailer saw an 8% sales increase in 2024 while navigating U.S. tariffs and investing in international growth.

Mango's 2024 sales rose 8% to €3.33 billion, with net profit increasing 27% to €219 million, driven by international expansion.
The U.S. is a key focus for growth, with plans to open 20 additional stores in 2025, bringing the total to about 65 company-owned locations.
To manage U.S. tariffs on Chinese imports, Mango is exploring adjustments in product offerings but has no plans to raise prices or shift production to the U.S. currently.
In 2024, Mango invested €219 million in expansion, opening 260 stores globally, with 78% of sales coming from international markets.
The company aims to reach €4 billion in annual sales by 2026, supported by continued U.S. growth and sustainable sourcing goals, currently at 72% lower-impact fibers.