Isak Andic, the billionaire founder of the fashion chain Mango, died this past Saturday following a tragic hiking accident. The 71-year-old entrepreneur fell from a 150-meter cliff at the Salnitre Caves located in Collbató, near Barcelona. With family members, including his son, accompanying him, the fall generated immediate emergency response efforts.
Emergency services received the call at around 1:00 PM local time. A helicopter and specialized mountain rescue teams were dispatched to the scene as reported by El País. Tragically, Andic was pronounced dead at the site after rescue efforts failed to revive him.
Born in Istanbul, Turkey, Andic moved with his family to northeast Catalonia during the 1960s. He founded Mango in 1984, and the brand has since expanded its reach, operating across 120 countries. According to Forbes, his estimated net worth was approximately $4.5 billion.
Toni Ruiz, Mango’s CEO, expressed deep sorrow for the loss of Andic, stating, “Nos corresponde, y este es el mejor homenaje que podemos hacer a Isak y que vamos a cumplir, velar para que Mango siga siendo el proyecto que Isak ambicionaba y del que se sentiría orgulloso.” His heartfelt tribute underscored how his legacy will continue through the company he built.
Political figures also expressed condolences following the announcement of Andic’s death. Spanish Prime Minister Pedro Sánchez offered his sympathies, highlighting Andic’s significant contributions to the industry, saying, “Todo mi cariño y reconocimiento a su gran labor y visión empresarial, que ha convertido a esta firma española en un referente mundial en la moda.” Sánchez’s words reflect Andic’s pivotal role not just within Spain but on the global fashion stage.
Salvador Illa Roca, the President of the Catalan Government, described Andic as “un empresario comprometido,” noting his invaluable impact on promoting Catalonia and Spain globally. “Deja una impronta imborrable en el sector de la moda catalana y global,” Illa Roca remarked, reiterates how his influence transcended the business world.
Marta Ortega, President of Inditex, also shared her grief, saying, “Una triste noticia para todos los que tuvieron la suerte de conocerle y una gran pérdida para el mundo empresarial español y para el sector de la moda mundial; en ambos, Isak Andic ha marcado una época con su ejemplo.” Her statement stresses Andic’s enduring legacy within the fashion industry.
Andic’s death not only signifies the loss of one of Spanish fashion’s giants but also highlights the competitive nature he brought to the industry. He was often seen as a formidable rival to Zara’s founder, Amancio Ortega. Over the years, Mango has achieved impressive milestones; for example, the company recorded sales of approximately $3.26 billion in 2023.
The outpouring of grief continued with tributes from various leaders, including Carles Puigdemont, who stated, “Una pérdida que se notará, porque las personas como él no son frecuentes.” This sentiment captures the gravity of Andic’s absence, underlining the importance of individuals like him within the industry.
Looking forward, the management team at Mango is faced with the challenge of continuing Andic’s vision for the brand. Toni Ruiz’s commitment to maintaining the company’s core values and ensuring its future direction is clear during this period of mourning. The dedication of staff and management to carry on Andic’s legacy reflects the significant imprint he left behind.
Andic’s contributions to Spanish fashion extend well beyond Mango. His vision helped shape not only the brand but also the wider fashion marketplace, influencing trends and business practices globally. This commitment to innovation has positioned Mango as not just another fashion retailer, but rather as a key player on the world stage.
The impact of his death reverberates through the industry, as stakeholders reflect on how they can honor his legacy moving forward. Andic was more than just a businessman; he was a visionary who transformed the fashion industry and carved out space for brands like Mango to thrive.
While the future remains uncertain for Mango, the stories and memories of Isak Andic will undoubtedly serve as guiding principles as the company navigates this new chapter. The challenge now lies not only with those who worked alongside him but also with the brand’s direction as it strives to fulfill the ambitious dreams Andic envisioned.
