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Spanish retailer Mango plans to open 60 new stores in the U.S. as part of a $70 million expansion to elevate its brand image and shed its fast-fashion label. The company aims to grow its U.S. sales significantly, with a focus on larger stores and a logistics center near Los Angeles, creating around 600 jobs. Mango's strategy includes a commitment to in-house design and a tailored approach to different U.S. markets, reflecting its ambition to increase annual sales from 3.1 billion euros to 4 billion euros by 2026.
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