Behind Mango: The Andic Family, Legacy, and Rising Spotlight After Founder’s Death
The Andic Family and Mango: History, Tragedy, and Future
The Tragic Death of Isak Andic
MADRID, May 19 (Reuters) - Joanthan Andic, the son of fashion group Mango's founder Isak Andic, has been named a suspect in a homicide investigation into his father's death in a hiking accident in late 2024.
The 71-year-old tycoon died after falling more than 100 metres (328 ft) from a cliff while walking with his son in the Montserrat mountain range near Barcelona in December 2024. A statement by a family spokesman said there was no evidence Jonathan Andic was involved in the death.
Mango’s Milestones and Family Legacy
The following is a summary of the main milestones in the history of Mango and its founding family.
Move to Spain, First Store
Isak Andic was born in Istanbul in 1953, moved to Catalonia in northeastern Spain in the 1960s and, together with his brother Nahman, founded fashion group Mango in 1984, opening their first store in central Barcelona.
Andic built Mango into one of the biggest of Spain's many family-run firms and an internationally renowned fashion brand rivalling Inditex's Zara, which was started by Galician businessman Amancio Ortega and is now run by his daughter Marta.
Global Reach
In 2002, Mango reached the milestone of having stores on every continent. In 2008, it branched into men's fashion then children's wear in 2013.
Mango has around 3,000 stores in more than 120 countries.
In 2025, the unlisted Barcelona-based company reported sales of 3.8 billion euros ($4.4 billion), a 13% rise compared to the previous year.
When he died, Isak Andic, who was an avid sailor and traveller, was non-executive chairman of Mango. He had a net worth of $4.5 billion according to Forbes.
A Family Affair
Jonathan Andic, 45, has been a non-executive vice chairman of Mango's board since January 2025, when he ended an 18-year stint managing the men's fashion line.
He had previously served as one of two vice presidents under his father as president between 2014 and 2017, responsible for areas including product, image, graphic design, development, technological purchases and creative projects. He then served as an executive vice chair until 2019. He was named director of Mango Man and construction manager in 2021.
Ownership and Leadership
Jonathan Andic and his two sisters jointly own 95% of Mango.
The remaining 5% is owned by Toni Ruiz, to whom Isak Andic ceded executive power as Mango's first CEO in March 2020.
Ruiz - a former Mango general manager and chief financial officer - also became chairman of the board in January 2025 after Andic died.
Reporting and Editorial Credits
(Reporting by Joan Faus, Helen Reid and Corina Pons; Editing by Aislinn Laing and Cynthia Osterman)
