Mango’s executive vice chair Jonathan Andic has temporarily stepped away from his responsibilities amid the ongoing investigation into his father’s death.
Andic was named a suspect last week in the investigation into the death of his father, Isak Andic, who died in December 2024 after falling from a cliff while the two were out hiking.
In an open letter published on Tuesday, Andic strongly denied the allegations and said they bore “no relation to reality”.
“A public narrative has been constructed that is one-sided, taken out of context and distorted, and which has created a perception of guilt that bears no relation to reality. I know that dismantling it will require time, effort and intense dedication,” he said.
Andic was named executive vice president of the Spanish fashion retailer’s holding company in January 2025, just six weeks after his father’s death.
Mango said its board of directors has “full confidence that the legal proceedings will be resolved favourably and trust that this will happen as swiftly as possible”.
Chair and chief executive Toni Ruiz expressed his support and understanding for Andic in an internal communication to all employees, adding “the company is in the strongest moment of its history”.
“We have the full support and long-term vision of our shareholders, a clear, unique and differentiated strategy, and a corporate governance model aligned with the highest standards,” Ruiz said.
Mango delivered a 13% increase in both profits and sales last year, driven by new brick-and-mortar openings, the strength of its value proposition, as well as the launches of its teen and home lines.
Revenues rose to €3.76bn (£3.27bn) and EBITDA increased to €722m (£627m), which it attributed to effective operating cost management and supply chain optimisation.
Its international business now accounts for 78% of total sales, led by France, Turkey, Germany, the US and the UK.
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