Obituary Mango chain founder dies in hiking accident

MADRID - Mr Isak Andic (above right), founder of Spanish clothing retailer Mango, one of Europe's largest fashion groups with nearly 2,800 stores worldwide, died on Dec 14 in an accident, the company said.

Spanish Prime Minister Pedro Sanchez was among the first to pay tribute to the businessman's "entrepreneurial vision".

While the company did not provide further details, Spanish media reports said the 71-year-old died after falling down a ravine while hiking in the mountains near Barcelona with several family members.

"It is with deep regret that we announce the unexpected death of Isak Andic, our non-executive chairman and founder of Mango," the Barcelona-based company's chief executive officer, Mr Toni Ruiz, said in a statement.

"Isak has been an example for all of us. He dedicated his life to Mango, leaving an indelible mark thanks to his strategic vision, his inspiring leadership and his unwavering commitment to values that he himself imbued in our company," he added.