Jonathan Andic temporarily leaves all his positions at Mango

BarcelonaJonathan Andic, son of the founder of Mango and until now vice-president of the Catalan fashion multinational, is temporarily leaving his positions at the company to focus on his defense. Andic's temporary withdrawal comes a week after he was arrested by the Mossos d'Esquadra accused of the homicide of his father, Isak Andic, who died in Collbató in December 2024. The founder's eldest son, who avoided provisional prison after paying a one-million-euro bail, has sent an open letter to the staff in which he defends his innocence and expresses his "frustration" with the situation he finds himself in.

The letter highlights: "the attention and focus that my defense in the judicial process requires at this moment does not allow me to maintain the high commitment that my role in the company demands." And he adds, in the open letter sent this Tuesday to Mango employees: "For this reason, and out of responsibility, I have decided to temporarily step away from my dedication to Mango." Despite leaving his responsibilities at the company for now, Andic will maintain "the link with other family, business, and social projects".

"I write these words with sincerity and humility, from the pain, helplessness, and frustration of facing an account of alleged guilt that does not reflect reality," begins the letter sent to the company's staff. According to the son of Mango's founder, the loss of his father occurred "in profoundly painful circumstances for me, my family, and our close circle" and now, to "that grief has been added the fact of having to live with the most serious, unjust, and unfounded accusation that can fall upon a person".

"I want to express, with all my heart, that I have loved and deeply love my loved ones and, in a very special way, my father", with whom he lived "many happy, endearing and affectionate moments", Andic adds to the document. The now former vice-president of the fashion multinational assures that, "as happens in so many families", he and his father also went through "difficult and complex moments", but makes it clear that "we overcame them with great effort, generosity and help". "The love, respect and bond that we have always felt are part of our family's DNA", Andic concludes in the letter.

For its part, the company's management has also sent a statement to the staff in which the president and CEO, Toni Ruiz, conveys to Jonathan Andic "his utmost respect, understanding, and support". In the note, Ruiz further reinforces "the relevance" of Mango's business project, stating that "the company is at the best moment in its history".

Shareholder support

The group's main executive recalls that the company has "the full support and long-term vision of our shareholders, a clear, unique and differential strategy, and a corporate governance model aligned with the highest standards." Last year, the first full financial year without the founder, the company earned 242 million euros, thanks to a turnover of close to 3.8 billion. And this year they aim to reach sales of 4 billion.

The rest of the board of directors unanimously endorses "Toni Ruiz's words and joins the Andic family in their support for Jonathan. They also express "their full conviction that the judicial process will be resolved favorably and they are confident that this will happen as soon as possible".

The company has clearly separated the functions of ownership and company management. The company's board, in addition to Toni Ruiz as chairman and CEO, holder of 5% of the group's shares, and Jonathan Andic as vice-chairman - a position he is now temporarily leaving - includes relevant and prominent figures from the business world, such as Manel Adell, former general manager of Desigual; H&M's former CEO, Helena Helmersson; Marc Puig (chairman of Puig Brands), Jordi Canals (former general manager of IESE), Jordi Constans (former CEO of Louis Vuitton), or Jorge Lucaya (founder and CEO of AZ Capital), in addition to executive directors Daniel López, responsible for store expansion, and Margarita Salvans, finance director.

On the ownership side, Jonathan chairs Punta Na Hólding, the holding company, and Mango MNG Holding, which owns 95% of Mango. His sisters Sarah – who also chairs the real estate company – and Judith are vice-chairwomen of MG Holding. The three siblings are present in all three companies. The inheritance, formalized last summer, confirmed an equal division of the fortune among the three children.