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Mango starts its expansion in Canada with eight store openings in 2023

 

Mango starts its expansion in Canada with eight Store openings in 2023

Mango, one of Europe's leading fashion groups, starts its expansion in Canada with eight store openings in Toronto in 2023. The company has kicked off the official launch with the opening of its first flagship store in the country, located in the Yorkdale Shopping Centre, which spans 5,000 square feet of retail space in a prominent corner location facing Hudson's Bay and Harry Rosen with all the newest woman's collections.

Following the launch of its flagship store at the Yorkdale Shopping Centre, Mango is planned to open seven new points of sale in Toronto before July. The first will be located at the Eaton Centre, Square One and Scarborough Town Centre and are expected to open their doors before April, while the company plans to open four more between June and July at Vaughan Mills, Markville, Upper Canada and Fairview.

The openings are part of Mango's expansion plan in North America, after signing an agreement last year with Fox Group for 10 years with an extension to additional 10 years subject to a minimum of at least 20 new stores in the next ten years.

Dana Terner, Mango CEO at Fox Group: "We are thrilled to lunch Mango in Canada and to bring all the latest European trends and collections to the Canadian market. I am sure the Canadian woman will fall in love and adopt Mango's fashion. The brand will provide an international shopping experience and connect the Canadian consumer to the world's leading fashion trends. We foresee the opening of more stores throughout the country and expanding in the future."

To do so, the company has drawn up a development plan that will allow it to expand its distribution ecosystem in the country, by combining stores in prime shopping streets and shopping malls with points of sale in department stores and a growing business on the online channel.

Mango has been present in Canada since 2005. At the end of 2022, the company had close to 95 points of sale in the country in department stores, as well as a growing online activity through its own website (mango.com) and other platforms.






This post first appeared on FADED4U, please read the originial post: here

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Mango starts its expansion in Canada with eight store openings in 2023

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