MADRID: Istanbul-born founder and proprietor of vogue empire Mango Isak Andic died on Saturday (Dec 14) in a mountain accident, the corporate mentioned. He was 71.
The businessman slipped and fell from a 150-metre cliff whereas mountaineering with relations within the Montserrat caves close to Barcelona, Spanish newspaper La Vanguardia mentioned.
“His departure leaves an enormous void however all of us are, ultimately, his legacy and the testimony of his achievements. Tt is as much as us … to make sure that Mango continues to be the challenge that Isak was formidable and happy with,” Mango’s CEO Toni Ruiz mentioned in an announcement.
Andic moved together with his household to the northeastern Spanish area of Catalonia from Turkey within the Nineteen Sixties and based Mango in 1984. He was price $4.5 billion, in keeping with Forbes. He was non-executive chairman of the corporate when he died.
He was seen as a rival to Amancio Ortega, the proprietor of Inditex ITX.MC, the world’s largest fast-fashion retailer.
Mango had a turnover of three.1 billion euros in 2023 with 33% of its enterprise on-line and a presence in additional than 120 markets.
