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Maximum Mango

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Spanish fashion retailer Mango has announced that it plans on opening one store a day worldwide in the foreseeable future—and 200 to 300 stores in China alone. "Our aim is to end up opening a store a day and to do that we are travelling to China where some companies are opening up to 500 sales points a year," founder and CEO Isak Andic said. "We are going to learn what they do in order to accelerate our growth in China, not to 500 but, yes, to 200 or 300 annual sales points." Mango already operate 1,400 stores in over 100 countries. [Reuters]