Toni Ruiz Appointed Chairman of Mango

Mango, Spain's second-largest fashion retailer, has appointed Toni Ruiz as both CEO and chairman, following the death of founder Isak Andic in December. Ruiz, who joined the company in 2015, has been credited with driving Mango's growth, achieving over €3.1 billion in sales in 2023 and aiming for €4 billion by 2026. Under his leadership, the company plans to expand by opening over 500 new stores and enhancing its brand value. Jonathan Andic, Isak's son, has been named vice-chairman, with his sisters also taking on roles in the board. Ruiz expressed gratitude to the Andic family for their trust and emphasized Mango's strong position and strategic roadmap for future growth. The company operates in more than 120 markets globally and employs over 15,500 people.