Mango Teen Sets Sights on UK, France, and Portugal with Major Store Rollout

Mango Teen is expanding in Europe. The teen line of the Spanish group plans to increase its stores nationwide, in Andalusia, Galicia and Madrid, as well as in Europe, with new points of sale in Portugal, the United Kingdom and France, as part of its expansion plan.

Mango’s youth-focused line has already opened stores in Spanish cities such as Seville, Cordoba, Badajoz and Vigo, and plans to increase its sales outlets in the domestic market with openings in Andalusia, Galicia and Madrid.

Internationally, earlier this year, Mango Teen opened its first store in Portugal, in the Vasco da Gama shopping center in Lisbon, and last August saw the opening of its first store in Glasgow, the third in the United Kingdom and the first outside London, as well as its first store in France, in the Westfield La Part-Dieu shopping center in Lyon.

Mango closed 2024 with a 27.3% improvement in net profit compared to 2023

Mango Teen, Mango’s young fashion line, has more than forty independent stores and has a presence in ninety-five markets through its online channel and multichannel points of sale, since its birth in 2021.

In 2024, the line made the international leap with its first store outside the Spanish market, in London, where it now operates in two locations, in Camaby Street and Westfield London. This was followed by a store in Andorra, in the Illa Carlemany shopping center in Escaldes.

Mango closed 2024 with a 27.32% improvement in net profit, but slowing its growth rate to single digits. Gross operating profit (ebitda) stood at €636 million, up 18.76% from the €533 million recorded in 2023. In 2023, ebitda rose by 22%.

In 2024, Mango began a strategic plan that should lead it to reach a turnover of more than €4 billion by the end of 2026. The company’s net income should reach €344 million at that date.