Headlines
Mango fashion tycoon's family says it is confident of son's innocence in homicide probe
Published by Global Banking and Finance Review
Posted on October 17, 2025
Global Banking and Finance Review
Company
Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Published by Global Banking and Finance Review
Posted on October 17, 2025
By Corina Pons and Charlie Devereux
MADRID (Reuters) -The family of Mango founder Isak Andic, who died in a fall from a cliff near Barcelona 10 months ago, said it was confident his son Jonathan was innocent after several local media reported he was being officially investigated for possible homicide.
The family said in a statement that it "will continue to cooperate, as it has done until now, with the competent authorities. Furthermore, it trusts that this process will be concluded as soon as possible and that it will prove Jonathan Andic's innocence."
It said it would provide no further comment at this stage.
La Vanguardia newspaper said late on Thursday that the judge looking into Andic's death began officially investigating Jonathan in September for the homicide of his father because of contradictory statements he gave as a witness and that authorities were searching his phone for more evidence.
During the 10-month probe investigators haven't found any conclusive evidence linking Jonathan Andic to his father's death, La Vanguardia added.
Isak Andic died falling more than 100 metres (328 ft) from a cliff while hiking with members of his family in the Montserrat caves near Barcelona.
The case is still sealed and the judge has not provided any information about it, the court's press office said.
Seen as a rival of Zara founder Amancio Ortega, the Istanbul-born businessman moved to Catalonia in northeastern Spain in the 1960s and founded Mango in 1984. At the time of his death he was non-executive chairman of the fashion brand and worth $4.5 billion, according to Forbes.
Jonathan Andic was appointed vice-president of the board of the privately held company on his father's death and president of its holding company MNG. His sisters Judith and Sarah were named as vice-presidents of MNG.
Chief Executive Officer Toni Ruiz also became chairman of the board after Andic's death.
(Reporting by Corina Pons and Charlie Devereux; additional reporting by Joan Faus; editing by Andrei Khalip and Hugh Lawson)