Mango hopes to open up to 300 stores a year in China

08/10/2010 | Reuters

Isak Andic, founder and chairman at the Spanish retailer Mango, reportedly said the company is planning to launch between 200 and 300 stores annually in China. "Our aim is to end up opening a store a day and to do that we are travelling to China where some companies are opening up to 500 sales points a year," Andic said. "We are going to learn what they do in order to accelerate our growth in China, not to 500 but, yes, to 200 or 300 annual sales points."

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