Mango leaves the Covid crisis behind and already earns 20 million more than in 2019


Madrid

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Nobody imagined that the last interview that he Mango CEO, Toni Ruiz, made ABC out just three days before the coronavirus completely paralyzed global activity. The Catalan fashion firm had just returned to record profits (21 million euros) since it had the first losses in its history in 2016. That day, the CEO of the company envisioned a future of exciting projects to give continuity to the transformation they were carrying out to continue growing. However, the health crisis paralyzed its development and caused losses in 2020 of 110 million euros. Now, almost a year and a half later, the company expects to exceed the 2019 profit.

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