Mango reported its sales for the year increased 13 per cent to GBP 656.7m in 2002. The company, which generates 72 per cent of its total turnover outside homeland Spain, entered seven new markets in the year. The chain started trading in Australia, Bulgaria, China, Croatia, Ecuador, Moldova and Tunisia.

The Barcelona-based company, which does not issue profit figures, said it open approximately one hundred new shops this year. Most of those will be situated outside of Spain. New markets include Canada, Algeria, Serbia and Montenegro. The company forecasted an increase of its turnover for 2003 by 14 per cent to GBP 750.5m.