Spanish fashion retailer Mango posted first-half 2026 revenue of €1.85 billion ($2.1 billion), reflecting a 7.2% year-on-year increase, supported by continued international expansion, stronger online sales, and ongoing investment in its global retail network.
On a constant currency basis, first-half 2026 revenue climbed 10.7%, highlighting the retailer’s steady performance despite fluctuating exchange rates and a challenging global business environment.
International operations remained the company’s primary growth driver, accounting for 77% of total revenue during the six-month period. Mango expanded its physical presence by opening 127 new stores while refurbishing 37 existing locations, taking its worldwide network to more than 2,960 points of sale across over 120 countries.
The UK remained a key expansion market, with 10 new stores launched during the first half of the year. New locations included prominent shopping destinations such as Kensington High Street, King’s Road, and Cheltenham, strengthening the retailer’s presence in the British market.
Digital commerce also continued to deliver solid results, contributing 32% of total turnover while recording double-digit sales growth. To reinforce its premium positioning, Mango introduced exclusive fashion collaborations, including a collection created with British tailoring brand Richard James for the Mango Man line.
Spain retained its position as Mango’s largest market, achieving double-digit sales growth during the period. France, the company’s second-largest market by revenue, also remained central to its international expansion strategy.
During the Choose France Summit, Mango announced plans to invest €66 million to open 45 additional stores across France by 2028, with 15 new outlets scheduled to begin operations during 2026. Meanwhile, in Italy, a partnership with department store operator COIN is expected to add 22 new stores between September 2026 and 2028.
The UK also continued to play an important role in Mango’s growth strategy. Alongside its store expansion, the retailer strengthened its fashion offering through its exclusive collaboration with Richard James for the Mango Man collection.
Mango Targets €4 Billion Revenue Milestone
The company continued implementing its 4Es 2024–2026 Strategic Plan, with the “Elevate” pillar driving brand-building initiatives and international visibility. During the period, Mango appointed Hailey Bieber as ambassador for its Woman collection while expanding its portfolio of collaborations through partnerships with Richard James and US fashion label Eckhaus Latta.
Commenting on the company’s performance, Toni Ruiz, Chairman and CEO of Mango, said:
“We are entering the final stretch of our 4Es 2024–2026 Strategic Plan with a clear ambition to reach €4bn in revenue this year. Our first-half results demonstrate continued positive momentum, with growth ahead of the wider market, further strengthening our position as one of the leading international fashion brands.
“Despite a complex operating environment, we continue to make progress through our differentiated value proposition, our expansion strategy and the commitment of our teams across Mango.”
During the first six months of 2026, Mango invested nearly €90 million in expanding its retail network, upgrading technology, improving operations, and advancing the development of Mango Campus, the company’s corporate headquarters.
The retailer also highlighted the continued importance of its franchise and partner network in supporting expansion across international markets.
