- Isak Andic, the founding father of the style model Mango, has died in an accident, the corporate mentioned.
- Andic fell right into a ravine whereas mountaineering in caves close to Barcelona, in response to experiences.
- Andic and his household have an estimated internet price of $4.5 billion, in response to Forbes.
Isak Andic, the billionaire founding father of the European trend firm Mango, died on Saturday. He was 71.
Andic, who served as the corporate’s non-executive chairman, died after an accident, Mango CEO Toni Ruiz mentioned in a press launch.
“Isak has been an instance for all of us. He devoted his life to Mango, leaving an indelible mark due to his strategic imaginative and prescient, his inspiring management and his unwavering dedication to values that he himself imbued in our firm,” Ruiz mentioned within the press launch.
Ruiz praised Andic’s “care and affection that he at all times had” for the corporate.
Pedro Sánchez, the prime minister of Spain, mentioned in a put up on X that Andic died in an accident within the caves of Salnitre in Collbató, which is simply exterior of Barcelona.
According to a number of experiences, Andic fell right into a ravine whereas mountaineering by means of caves together with his household. The ravine was over 320 ft deep, CNN reported, citing native police.
On Sunday, Mango’s web site featured a tribute to Andic on its house web page, and images present the flags on the firm’s headquarters in Barcelona flying at half-mast.
Andic began the corporate in Barcelona in 1984. According to Mango’s web site, it is now in over 120 markets and has a thriving on-line presence. Forbes reported that Andic and his household are price $4.5 billion.
