Zara rival Mango posts record sales
March 9, 2023
Mango posted sales of $2.8 billion last year, a record for the fashion retailer, as it expanded in the U.S. and India. Sales in 2022 were 13 percent above pre-pandemic levels. Mango plans to expand to 40 U.S. stores, up from their current nine. “The United States is a great market and should become one of our top five very quickly,” Ruiz added. It will expand the number of U.S. stores to 40 by 2024,” said CEO Toni Ruiz.
Recent News
NHTSA Investigates Tesla Autopilot Again After Recent Software Update
Tesla Autopilot is once again the subject of an NHTSA investigation.
Home Depot Holds Halfway to Halloween Sale: Skelly’s Back
It’s halfway to spooky season, and Home Depot is celebrating.
Kaiser Discloses Health Insurance Data Breach
Health insurance company Kaiser is notifying millions of its current and former members about a data breach. The breach occurred when Kaiser shared patients’ information with third-party advertisers like Google, Microsoft, and X (formerly Twitter).
Satirical Site The Onion Acquired by Global Tetrahedron
The satirical news website, The Onion, has been sold by G/O Media to a group of digital media veterans.