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 e-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 in the hands of Falabella, says the portal Modaes.

The company will launch a facility of 84 square meters of 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 franchisee partner

Currently, the commercial network of Mango in Argentina is limited exclusively to the stores 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 .

In all Latin America ] Mango has more than two hundred stores, concentrating its presence in Chile and Colombia as the markets with the greatest number d & # 39; 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 two-cent 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 (about or $ 75.2 million ) that Mango attributed to the impact of exchange rates and the company 's transformation plan. The company 's turnover decreased by 3% to 2,260 million euros ( or $ 2,786.8 million ).