Tragic Loss of Mango Founder Isak Andic
Isak Andic, the billionaire founder of the globally renowned fashion brand Mango, tragically passed away on Saturday at the age of 71. Andic died in an accident while hiking in the caves of Salnitre near Collbató, a picturesque area just outside Barcelona. According to reports, Andic fell into a ravine over 320 feet deep while exploring the caves with his family.
Mango CEO Toni Ruiz confirmed the news in a press release, expressing deep sorrow over the loss. “Isak has been an example for all of us. He dedicated his life to Mango, leaving an indelible mark thanks to his strategic vision, his inspiring leadership, and his unwavering commitment to values that he himself imbued in our company,” Ruiz said. He also highlighted Andic’s genuine care and affection for the company and its employees.
Spanish Prime Minister Pedro Sánchez shared his condolences on social media, acknowledging Andic’s contributions to Spain’s economy and the tragic circumstances of his passing. The incident has left the fashion industry and Mango employees in mourning.
A Legacy of Success and Vision
Isak Andic founded Mango in Barcelona in 1984, transforming the company into a global fashion powerhouse. Under his leadership, the brand expanded to over 120 markets and built a strong online presence. Known for its contemporary designs and accessible pricing, Mango became a household name in European fashion and beyond.
As the company’s non-executive chairman, Andic remained deeply involved in Mango’s growth and strategic direction. With a family fortune estimated at $4.5 billion by Forbes, Andic’s influence extended beyond business, inspiring countless entrepreneurs with his vision and dedication. Mango’s current success is a testament to his innovative approach to fashion retail.
Tributes and Mourning
Following the news of Andic’s passing, Mango’s website displayed a heartfelt tribute to its founder. At the company’s headquarters in Barcelona, flags were lowered to half-mast in his honor. Employees and industry peers alike shared messages of grief and respect, recognizing Andic’s monumental impact on the fashion world.
This tragic accident has left a void in the industry and in the lives of those who knew him personally. Andic’s legacy as a visionary leader and devoted family man will undoubtedly endure, ensuring his contributions to fashion and business remain celebrated for years to come.
