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Home»Finance»Mango H1 2026 turnover grows to $2.1bn as store network expands
Finance

Mango H1 2026 turnover grows to $2.1bn as store network expands

July 28, 2026No Comments3 Mins Read
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Mango H1 2026 turnover grows to $2.1bn as store network expands
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At constant exchange rates, the company recorded revenue growth of 10.7%. The results reflect continued international expansion and a growing contribution from digital sales.

Mango’s international markets generated 77% of its turnover in the six months. The company opened 127 new stores and refurbished 37 others, resulting in a total of more than 2,960 points of sale across over 120 countries.

Store openings were reported in a range of locations, including ten new outlets in the UK with sites such as Kensington High Street, King’s Road, and Cheltenham.

The retailer’s online business accounted for 32% of total turnover during the half-year, delivering double-digit revenue growth. Mango developed exclusive collections during the period, such as one with British tailoring house Richard James for Mango Man, as part of an effort to enhance its brand appeal.

Spain remains Mango’s largest market, delivering double-digit growth. France, the company’s second biggest market by revenue, was also a focus for investment.

At the Choose France Summit, Mango outlined plans to open 45 new stores in the country by 2028, backed by a €66m investment, with 15 openings scheduled in 2026. In Italy, a partnership with department store group COIN is expected to add 22 stores between September 2026 and 2028.

In the UK, Mango continued to grow its retail footprint, with ten new store openings in the first half of 2026. The period also saw Mango teaming up with Richard James to launch an exclusive collection for Mango Man.

See also  North Korea’s Struggles to Deliver on Its Plans

Mango on track to reach €4bn in revenue

Mango’s 4Es 2024–2026 Strategic Plan continued to be rolled out during this period. Under the “Elevate” pillar, the company made high-profile appointments and collaborations, including naming Hailey Bieber as ambassador for the Woman line and launching partnerships with Richard James and US label Eckhaus Latta.

Toni Ruiz, chairman and CEO of Mango, commented: “We are entering the final stretch of our 4Es 2024–2026 Strategic Plan with a clear ambition to reach €4bn in revenue this year. Our first-half results demonstrate continued positive momentum, with growth ahead of the wider market, further strengthening our position as one of the leading international fashion brands.

“Despite a complex operating environment, we continue to make progress through our differentiated value proposition, our expansion strategy and the commitment of our teams across Mango.”

Investment over the first half of the year totalled nearly €90m, directed at network expansion, operational improvements, technological upgrades, and the development of Mango Campus, the company’s headquarters.

2.1bn expands grows Mango Network store turnover
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