[Translation provided by Business & Human Rights Resource Centre]

Spanish brand Mango returns to Russia, 22 July 2022

The Turkish company Fiba Retail (was engaged in development of the Marks & Spencer chain of stores in Russia by franchising) has decided to switch to the Spanish brand Mango. Thus, one of the world's largest women's clothing manufacturers is actually returning to Russia with a new partner.

At the beginning of 2022, the Fiba Retail portfolio included 33 Marks&Spencer stores in Moscow and five in St. Petersburg. At the British head office, they decided to finally leave Russia - all retail outlets of the network were closed. On July 22 of this year, the Turkish company announced its decision to open Mango stores on the site of M&S...