Clothing retailer Mango's US expansion helps boost sales to more than €3bn

Mango has positioned itself more as a premium retailer and has higher prices than Zara and H&M in some party pieces, retail intelligence company Edited said

The Barcelona-based brand said sales jumped 19% last year to exceed its forecast of €3bn. Picture: Angela Weiss / AFP

Spanish fashion retailer Mango reported record sales of €3.1bn in 2023, beating its forecast after matching domestic rival Zara's strong expansion in the US.

The Barcelona-based brand said sales jumped 19% last year to exceed its forecast of €3bn through a focus on party wear and fashion pieces for upmarket shoppers who are less sensitive to higher prices.