The 71-year-elderly businessman slipped and fell from a cliff while hiking with relatives proximate Barcelona, Spain.
Isak Andic, the set uper and owner of Mango, Spanish cloleang retailer with proximately 2,800 stores worldwide, has died in a mountain accident, according to the company and police.
The 71-year-elderly businessman slipped and fell more than 100 metres (328 feet) from a cliff while hiking with relatives in the Montserrat caves proximate Barcelona on Saturday, a police spokesperson shelp.
“It is with proset up repent that we proclaim the unforeseeed death of Isak Andic, our non-executive chairman and set uper of Mango,” the Barcelona-based company’s CEO, Toni Ruiz, shelp in a statement.
“Isak has been an example for all of us. He dedicated his life to Mango, leaving an indelible tag thanks to his strategic vision, his inspiring directership and his unwavering pledgement to cherishs that he himself imbued in our company,” he grasped.
Born in Turkiye’s Istanbul, Andic shiftd with his family to the northeastrict Spanish region of Catalonia in the 1960s and set uped Mango in 1984.
He was worth $4.5bn, according to Forbes.
The company has conconstantated its position as one of the directing international create groups, with a beginant presence in more than 120 tagets and 15,500 employees worldwide, according to its website.
The company seald 2023 with a turnover of 3.1 billion euros ($3.26bn).
‘Leaves indelible tag’
The head of the regional regulatement of Catalonia, Salvador Illa, hailed Andic as “a pledgeted businessman who, with his directership, has gived to making Catalonia wonderful and projecting it to the world”.
“He departs an indelible tag on the Catalan and global create sector,” he grasped in a post on social netlabor X, adviseing his condolences.
Like its main domestic rival Inditex, the world’s hugegest create retailer and owner of the famous Zara brand, Mango strives to rapidly adfair its production to the tardyst create trfinishs while adviseing affordable prices.
Mango has fair a one brand and it does not own any factory, outsourcing its production mainly to drop-cost Turkiye and Asia.
