Isak Andic, Founder of Fashion Brand Mango, Dies in Tragic Accident

January 17, 2025 | In Cataluña / Business

Isak Andic, the visionary founder of the Spanish fashion brand Mango, passed away on Saturday, December 14, 2024, in a tragic accident that has sent shockwaves through the fashion industry and beyond.

A Life of Vision and Achievement

Born in Istanbul, Turkey, Andic moved to Catalonia in the 1960s and went on to establish Mango in 1984. The first store opened on the iconic Paseo de Gracia in Barcelona, marking the beginning of a fashion empire that would eventually span over 120 markets worldwide, boasting nearly 2,800 stores and a strong online presence.

Andic's strategic vision, inspiring leadership, and unwavering commitment to his values were instrumental in transforming Mango into one of Europe's largest and most successful fashion groups. Under his guidance, Mango expanded globally, employing over 15,500 people and becoming a household name.

The Tragic Accident

The 71-year-old billionaire died after a fall while hiking with his family in the mountains near Barcelona. According to reports, Andic slipped and fell into a ravine in the caves of Salnitre, a tragic end to a life that had been dedicated to building a fashion legacy.

Tributes and Condolences

Toni Ruiz, Mango's CEO, expressed deep regret over Andic's sudden and unexpected death. In a statement, Ruiz praised Andic's indelible mark on the company, highlighting his strategic vision, leadership, and the core values he embodied. Ruiz emphasized that the best tribute to Andic would be to ensure that Mango continues to be the project he aspired to and would be proud of.

The Spanish Prime Minister, Pedro Sanchez, also extended his condolences, recognizing Andic's significant impact on the fashion industry and his substantial contributions to Spain's economy. The flags at Mango's headquarters in Barcelona were flown at half-mast in honor of the founder.

Legacy and Impact

Isak Andic's legacy extends far beyond the fashion world. His net worth, estimated at $4.5 billion by Forbes, is a testament to his business acumen and entrepreneurial spirit. Mango's success under his leadership has made it a staple in modern fashion, catering to a diverse global audience.

For expats in Spain, Andic's story is a reminder of the country's vibrant entrepreneurial spirit and its ability to foster global success stories. His death is a loss not only to the fashion industry but also to the broader community that he touched through his work and philanthropy.

As the fashion world mourns the loss of this visionary leader, Isak Andic's legacy will continue to inspire and influence the industry he loved and transformed.

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