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    Founder of fashion chain Mango dies in cave accident

    Imran MalikBy 401 Comments2 Mins Read

    Founder & owner of top-end fashion chain Mango dies in a tragic cave accident on Saturday while exploring caves near Barcelona, Spain.

    Spanish media reported Isak Andic, a 71-year-old fell down a ravine to his death while hiking in caves that are part of a mountain range.

    The founder of Mango, Andic was with his son and other family members when he fell, according to the El Pais newspaper, triggering a large emergency response.

    The Turkish-born businessman founded Mango with the help of his brother, Nahman, in Barcelona in 1984 and the chain now operates almost 3,000 outlets in 120 countries. Forbes estimated Andic’s net worth to be $4.5bn (£3.6bn).

    As per media reports, Andic reportedly fell a 150-metre ravine while hiking in an area of the Montserrat mountains known for its deep caves.

    Police were called at around 13:00 local time (12:00 GMT), and a helicopter and specialized mountain unit was sent to the scene, El Pais reported.

    Mango CEO Toni Ruiz said in a statement: “His departure leaves a huge void but all of us are, in some way, his legacy and the testimony of his achievements.

    “It is up to us, and this is the best tribute we can make to Isak and which we will fulfill, to ensure that Mango continues to be the project that Isak aspired to and of which he would feel proud.”

    Spanish Prime Minister Pedro Sanchez confirmed Andic died in an accident at the Salnitre de Collbató caves.

    “All my love and recognition for your great work and business vision, which has turned this Spanish firm into a world leader in fashion,” Sanchez said.

    Courtesy: BBC

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    Founded in 2013 by Editor, Imran Malik, MediaBites is a trusted news platform covering media, global affairs, technology, health, new joinings and entertainment. I have been a Working Journalist Since 2013.

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