Mango Founder Isak Andic Dies in Hiking Accident
Mango Founder Isak Andic Dies in Hiking Accident

Mango Founder Isak Andic Dies in Hiking Accident

News summary

Isak Andic, the Istanbul-born founder of the global fashion brand Mango, tragically died at age 71 in a mountain accident near Barcelona. Andic, who moved to Catalonia from Turkey in the 1960s, founded Mango in 1984 and grew it into an international retail giant with operations in over 120 countries and a turnover of 3.1 billion euros in 2023. Known for his strategic vision and leadership, Andic was considered a significant rival to Amancio Ortega of Inditex. At the time of his death, Forbes estimated his net worth at $4.5 billion, making him one of the wealthiest individuals in Catalonia. His passing leaves a substantial void, as acknowledged by Mango's CEO, Toni Ruiz, who emphasized the responsibility to continue Andic's ambitious vision for the company. The accident occurred while Andic was hiking with family in the Montserrat caves, marking an unexpected end to a storied career in fashion.

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