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Mango to Return to Argentina Under Grimoldi Franchise With September Store Opening

The deal marks Grimoldi’s shift beyond footwear into global apparel through a carefully staged rollout.

Overview

  • Grimoldi confirmed it signed a franchise agreement to relaunch the Spanish brand locally under the MNG name.
  • The plan calls for five stores over five years, with the first slated to open in September 2026 at Alto Palermo and an e-commerce site also planned.
  • Grimoldi estimates about US$2.5 million in annual investment to fund store build-outs and merchandise.
  • All merchandise will be imported, with bank promotions and installment financing designed to support sales.
  • Mango’s comeback aligns with a broader wave of international retailers expanding in Argentina, including recent moves by Decathlon, Victoria’s Secret, Montblanc and MAJE.