Coin announced a new strategic partnership with Mango and a capital increase of up to €30mn: two initiatives that represent the cornerstones of a broad strategic plan aimed at relaunching the department store chain and transitioning to a new business model. With this agreement, they are accelerating their transformation and strengthening Coin's positioning as a Brand Platform, a model in which internationally renowned brands will find the ideal space to express the value of their products and offer an experience based on qualitative excellence and customer care. The partnership includes 22 MANGO spaces within Coin’s network by next year, covering a total of 13,500m2 dedicated to the flagship concept ‘New Med’.