Spanish fashion retailer Mango reported on Monday record sales of €3.1 billion ($3.39 billion) in 2023, beating its forecast after matching domestic rival Zara’s strong expansion in the United States.
The Barcelona-based brand said sales jumped 19 percent last year to exceed its forecast of €3 billion through a focus on party wear and fashion pieces for upmarket shoppers who are less sensitive to higher prices.
That helped it fend off…