In brief
Isak Andic, the revered founder of the international fashion chain Mango, tragically lost his life on Saturday in a caving accident near Barcelona. The 71-year-old entrepreneur fell down a 150-metre ravine in the Montserrat mountain range while hiking with family. Reports state that a substantial emergency response team, including a helicopter and mountain rescue unit, was deployed after the fall.
Andic, who originally started Mango in 1984 with his brother Nahman, transformed the brand into a global powerhouse with nearly 3,000 stores spanning 120 countries. His estimated net worth stood at approximately $4.5 billion. Following the news of his passing, Mango’s CEO Toni Ruiz expressed deep sorrow, emphasizing that Andic’s legacy would endure as the brand aims to fulfill his vision. Spanish Prime Minister Pedro Sanchez paid tribute, acknowledging Andic’s contributions that elevated the brand to international prominence. The president of Catalonia’s government, Salvador Illa Roca, also lamented the loss, highlighting Andic’s commitment to the region’s economy. He was known for being a rival to Zara's founder, Amancio Ortega, and gained increased popularity in the UK following a collaboration with British supermodel Kate Moss in 2011.
