Because the investigation into the loss of life of Mango founder Isak Andic continues, the Andic household stated they’re assured that the method might be concluded as quickly as attainable and that his son Jonathan’s innocence might be confirmed.
Native media reviews in Spain stated that Jonathan Andic, 44, was being investigated for a attainable murder.
Isak Andic, 71, was non-executive chairman of the fast-fashion firm when he died in December after falling greater than 300 ft from a cliff within the Montserrat caves close to Barcelona, in Catalunya, Spain. The fatality occurred throughout an tour along with his household.
Media requests to Spanish police officers weren’t returned Friday.
After his passing, the incident was described as an accident. The investigation into Andic’s loss of life was reportedly reopened in March.
Andic was saluted by many together with Spain’s Prime Minister Pedro Sanchez, who praised his “nice work and enterprise imaginative and prescient, which reworked his Spanish model in a world level of reference in vogue” in a publish on X.
Mango proprietor Isak Andic and Scarlett Johansson.
Matti Hillig
The Spanish fast-fashion retailer has greater than 15,500 staff, operates some 2,800 shops in additional than 120 markets worldwide and has main on-line exercise. The worldwide enterprise accounts for almost 80 % of turnover. Mango’s revenues in 2024 amounted to three.34 billion euros, a 7.6 % enhance in comparison with 2023.
Andic began Mango, which now sells womenswear, menswear, youngsters’ put on and a house assortment, in 1984. The primary location was on Paseo de Gracia in Barcelona, Mango’s residence metropolis. In 1992, the corporate expanded exterior of Spain with two outposts in Portugal. Media-shy and reserved, Andic’s web value was stated to be $4.5 billion, based on Forbes. After his passing, Mango’s chief govt officer Roni Ruiz took on the position of chairman of the board.
Executives at Mango declined to remark Friday concerning the investigation. Laia Codina, a Mango company affairs spokesperson, referred to an announcement that had been issued by a spokesperson for the Andic household.
The assertion learn, “The Andic household has not commented and won’t touch upon Isak Andic’s passing throughout these months. Nonetheless, it want to present its respect for the proceedings which have been carried out on this regard and can proceed to cooperate with the competent authorities as they’ve carried out to this point.”
The assertion continued, “They’re additionally assured that this course of might be concluded as quickly as attainable and that Jonathan Andic’s innocence might be confirmed.”
Requested if Jonathan Andic will proceed to serve on the Mango board, Codina didn’t reply.
In June, the 44-year-old Andic stepped away from his govt obligations on the multinational vogue firm to reportedly tackle extra obligations throughout the Andic household’s holding firms, which management the household’s actual property and enterprise holdings. That reportedly contains Mango MNG Holding, which controls 95 % of Mango’s capital.
On Friday, a Reuters report famous that La Vanguardia newspaper stated late Thursday that the decide trying into Isak Andic’s loss of life started formally investigating Jonathan in September, as a result of contradictory statements that he had given as a witness. However the Barcelona courtroom’s press workplace stated on Friday that the case, which stays sealed, was not directed at any explicit particular person, based on Reuters.
In honor of Mango’s 40-year anniversary final 12 months, the corporate expanded its board from 4 to 9 members, together with impartial administrators for the primary time. The model additionally revealed a two-year strategic growth plan that referred to as for 500 retailer openings.
Throughout Isak Andic’s profession, he held quite a few positions comparable to member of the Worldwide Advisory Board of the IESE Enterprise College, vice chairman of Banco Sabadell and member of the Worldwide Advisory Board of the Generalitat de Catalunya, the Funding Advisory Council for Turkey, and the Pals of the Prado Museum Basis. As well as, he was chairman of Household Enterprise Institute from 2010 till April 2012, and patron of the MACBA Basis, the Princess of Asturias Basis, the Museu Nacional d’Artwork de Catalunya and the Elena Barraquer Basis.
