Jonathan Andic, son of the mango founder Isak Andic, submits his operational management responsibility within the multinational fashion group Mango. Since 2008 he worked as a global director of the Mango MAN men’s line.
As Mango announced on Friday, Andic will resign his operational activity in the coming weeks. His new task focuses on the further development of family assets, which is bundled in the mango MNG Holding Sau, among other things-the society through which the family holds around 95 percent of the mango shares.
According to the company, the decision was made in the circle of the family at the end of 2024 – still during the lifetime of Isak Andic, who died on December 14, 2024. Since 2020, the company founder has been pursuing the goal of accelerating the separation between management and property and further developing mango through a more professional structure. This vision is now carried on by its three children.
Whereabouts on the board of directors
In the coming weeks, Andic will end his work in the management and on the board of Mango. He will concentrate on maintaining and expanding his father’s inheritance and investments. He will perform this task together with his sisters Sarah and Judith Andic, with whom he shares the offices in the various family companies. Starting with Punta Na Holding SA, the family holding, under whose roof are most investments and societies in the family. Jonathan Andic is president there, Judith Andic is a member of the voting and representative of the author and Sarah Andic is a secretary.
The complex and common distribution of tasks will not change in relation to Mango by converting the dominant society Punta FA SL. From July, this will be converted into an AG by a GmbH and operated under the name Mango MNG SA. It remains under the roof of the MNG Mango Holding Sau, whose President Jonathan Andic is. Despite his departure from the daily business of Mango, he will continue to pursue and monitor the development of the fashion group. This is not only as president of the company that controls the share capital, but also as a member and deputy chairman of the board of directors, which he will continue to belong as representative of the Andic family.
Josep Estol, new global director of Mango Man
Jonathan Andic’s decision has no effect on the composition of the Mango Board of Directors, who is still chaired by Toni Ruiz, the company’s CEO. However, there will be an impact on the board. This management committee of the company is reduced by a position after Jonathan Andic has left. Mango Man is integrated into the product department of Mango after leaving the company, under which the other product lines of the company are already located: "Woman",, "Kids & Teen" and "Home".
In order to correct this unequal treatment of the men’s line, Josep Estol was appointed the new global director of Mango Man. He succeeds Jonathan Andic. Previously, he had been responsible for the daily business of Mango Man since 2022.
Estol has a degree in economics from the University Pompeu Fabra in Barcelona and completed a general management program at the IESE Business School. He came to Mango in 2022 to take over the position of the Executive Director of Mango Man. Previously, he worked for Hackett London for almost nine years, most recently as a product director. Before that, he worked at Massimo Dutti, the premium model line from Inditex, where he worked as a shopping manager for men’s fashion for about four and a half years. He will now use his experience for the further development of Mango Man and report to Luis Casacuberta, product director of Mango and member of the board.
New era for mango man
As the new person responsible for the development of the manor line of Mango, Estol will lead the new growth phase of the line. The line was under the name in 2008 by Jonathan Andic "Homini Emerito by Mango" (He by Mango) introduced as part of a strategic diversification of the mango offer.
Mango you are one today "Key element" for achieving the company’s short and medium-term growth goals. As part of a strategic plan, the global sales from Mango by 2026 are to be increased to four billion euros. In the last completed financial year 2024, Mango had achieved sales of 408 million euros. This number was not published by the corporate management at the time, but corresponds to sales growth of 20 percent compared to the turnover of 340 million euros in the 2023 financial year. This increased the share of sales of Mango Man from Mango from eleven to twelve percent in one year.
In addition to the annual growth, Mango has recorded a cumulative sales growth of 136 percent in the past four years. The line has more than 600 sales outlets in 90 markets and is present online in 80 countries. These channels offer both their own collections and the various cooperation, including the capsules launched in 2023 and 2024 with the traditional Italian house Boglioli.
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