Isak Andic, Founder of Mango Fashion Chain, Dies in Tragic Cave Accident

Sun Dec 22 2024 19:20:31 GMT+0200 (Eastern European Standard Time)
Isak Andic, Founder of Mango Fashion Chain, Dies in Tragic Cave Accident

Billionaire entrepreneur Isak Andic, known for establishing the global fashion brand Mango, has died in a hiking accident in Spain.


The fashion world mourns the loss of Isak Andic, the founder of Mango, who tragically died during a cave exploration near Barcelona. The 71-year-old business magnate fell down a ravine in the Montserrat mountain range, prompting a widespread emergency response. His journey into the caves with family members turned fatal as news reports indicate he fell approximately 150 meters down.

Born in Turkey and later settling in Catalonia, Andic, alongside his brother Nahman, founded Mango in 1984. Over the years, they grew the brand into a high street staple, boasting nearly 3,000 stores across 120 countries. His net worth was estimated at $4.5 billion by Forbes, underscoring his significant impact on the global fashion industry.

Andic's death at Salnitre de Collbató caves sparked condolences from various sectors. Mango's current CEO, Toni Ruiz, expressed the profound void left by Andic's passing but emphasized his enduring legacy within the company. Similarly, Spanish Prime Minister Pedro Sanchez recognized Andic’s vision and significant contributions to the industry. The president of Catalonia's government, Salvador Illa Roca, echoed this sentiment, noting Andic's dedication to elevating Catalonia on the global stage.

As the fashion community reflects on his legacy, Andic's rivalry with Zara founder Amancio Ortega and the pivotal moments like the collaboration with British model Kate Moss in 2011, which enhanced Mango's visibility, will be fondly remembered. The company's turnover reaching €3.1 billion in 2023 further attests to his foundational role in the brand’s success.

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