Mango prepares to grow in Argentina under the wing of Falabella

The Spanish brand Mango is ready to strengthen its presence in the Argentine market, where it operates in partnership with Falabella .

Now, the novelty is that Mango started operating in the electronic commerce platform of the chain of stores of Chile.

In addition to expanding in the online channel, the Spanish group is preparing a new opening on the Argentine market before the end of the year. In particular, plans to open a new point of sale in the city of Mendoza also by the hand of Falabella, says the portal Modaes.

The company will launch an establishment of 84 square meters surface, in the departmental store that the Chilean group has in the shopping center Mendoza Plaza Shopping. The point of sale will be opened by a franchise partner

Currently, Mango's commercial network in Argentina is limited exclusively to the shops that Falabella has in the country. Thus, the Spanish company operates with half a dozen outlets, most of them at Buenos Aires in addition to the chain online

all Latin America ] Mango has more than two hundred stores, concentrating its presence in Chile and Colombia as the markets with the largest number institutions. Last May, the company blindly lifted its first store in the Colombian city of Bucaramanga.

The Spanish company also chose the coffee market to open its number two store in Latin America . It is located in the shopping center Multiplaza in Bogotá

Mango also operates in Mexico Aruba, Bolivia, Chile Costa Rica, Cuba, Ecuador El Salvador, Guatemala, Honduras, Nicaragua, Panama, Paraguay, Peru Dominican Republic and Venezuela, indicates Modaes

The Spanish group recorded losses during its last financial year with a net result negative 61 million euros (about 75.2 million dollars ) that Mango attributes to the impact of exchange rates and the company 's transformation plan. The company 's turnover fell by 3% to 2,260 million euros (19459003), or $ 2,786.8 million . [ad_2]
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