Market
Next CEO of Mango appointment outcome
2
Resolution / Starting Odds
Internal candidate • 25%
External candidate from fashion industry • 25%
External candidate from other industry • 25%
No appointment by end of 2025 • 25%
Official press release from Mango
Story
Mango Founder Isak Andic, 71, Dies in 150-Meter Fall During Mountain Hike Near Barcelona
Dec 14, 2024, 07:00 PM
Isak Andic, the founder and president of Mango, one of Europe's largest fashion retailers, died on Saturday after falling into a 150-meter ravine during a family excursion near Barcelona. The 71-year-old businessman slipped and fell from a cliff near the Salnitre caves in Collbató, in the Montserrat massif. Andic was hiking with his son and wife at the time of the accident. He was one of Spain's wealthiest individuals, known for building Mango into a global brand with over 2,700 stores worldwide.
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External Non-Fashion Industry Executive • 25%
Other • 25%
Mango Internal Executive • 25%
External Fashion Industry Executive • 25%
External candidate • 25%
Toni Ruiz • 25%
Position remains unfilled • 25%
Internal candidate • 25%
Family member takes leadership • 25%
No change in leadership • 25%
External hire appointed • 25%
Internal executive promoted • 25%
No significant change • 25%
Expansion into new markets • 25%
Focus on sustainability • 25%
Digital transformation • 25%
Luxury segment expansion • 25%
Sustainable fashion line • 25%
No major launch • 25%
Tech-integrated clothing • 25%
No major expansion • 25%
Focus on European market • 25%
Expand in North America • 25%
Expand in Asia • 25%