The 71-year-old founding father of vogue chain Mango and one of many richest males in Spain, Isak Andic, has died in a climbing accident
Isak Andic, the founder and proprietor of the Spanish vogue retailer Mango, has died on the age of 71 after slipping whereas climbing on Saturday with relations close to Barcelona. In accordance with police experiences, Andic fell over 150 meters (almost 500 toes) from a cliff within the Montserrat caves.
His household referred to as emergency providers at round 12:30 pm native time, in line with Spanish newspaper El Pais. A helicopter and an ambulance have been dispatched, and so they confirmed his dying upon arriving on the scene.
In a press release, Toni Ruiz, CEO of Mango, expressed his sorrow: “It’s with deep remorse that we announce the sudden dying of Isak Andic, our non-executive chairman and founding father of Mango.”
Born in Türkiye, Andic moved to Catalonia within the Nineteen Sixties and based Mango in 1984. Beneath his management, the corporate grew to almost 2,800 shops worldwide, reporting a turnover of €3.1 billion ($3.26 billion) in 2023. Forbes estimated his web price at $4.5 billion. He was believed to be the richest man within the area and one of many wealthiest in Spain.
The Catalan regional authorities head Salvador Illa praised Andic as a big determine within the vogue trade, stating, “he leaves an indelible mark on the Catalan and world vogue sector.”
Spanish Prime Minister Pedro Sanchez despatched his condolences to Andic’s household in a publish on X. “All my love and recognition for his nice work and enterprise imaginative and prescient, which has turned this Spanish agency right into a world chief in vogue,” Sanchez wrote.
Mango, like its rival Inditex, recognized for Zara, adapts shortly to vogue developments whereas sustaining inexpensive costs. The corporate outsources manufacturing primarily to lower-cost areas in Türkiye and Asia, working below a single model with none factories of its personal.
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