Spanish clothing giant Mango’s profit for the year to 31 December 2021 trebled to €67 million from €21 million in 2019.

As per an Apparel Resources report, the Spanish retailer’s turnover also increased by 21.3 per cent to post €2.3 billion in the said period, when compared to 2020.

The turnover numbers are closer to 2019 numbers when Mango attained a record turnover of €2.4 billion.

Notably, the online sales rose by a good 23 per cent to €942 million, maintaining its proportion of total turnover at 42 per cent.

The retailer said that the year saw demand for kidswear grow by 60 percent over 2019, with menswear, homewear and kidswear accounting for 18 per cent of turnover.

Here it is important to mention that womenswear was Mango’s best segment with a whopping share of 82 per cent.

Mango has temporarily halted its operations in Russia and is presently analysing the impact the move could have on its business in 2022.

The retailer is majorly known for its menswear, womenswear and kidswear and has over 16,000 stores across the globe.