A New Phase of Growth for Coin
A new phase of revitalization is beginning for Coin. To mark this milestone in its renewal, the Italian department store chain has completed a capital increase of up to 30 million euros and has strengthened its ties with Mango by signing a strategic partnership. These two initiatives are part of Coin’s business plan, through which it aims to accelerate the transformation of its business model, evolving into a platform dedicated to international brands.
A Key Partnership with Mango
The Spanish affordable fashion brand has chosen Coin as a key partner in its 2026–2027 development plan for Italy, dedicating 13,500 square meters of retail space within Coin stores to its brands. To support this major expansion, Mango will invest directly in the Coin network to roll out its flagship “New Med” concept in 22 stores. Conceived as a “Mediterranean home” with a unique design, this space will showcase the brand’s entire product range (Women, Men, Children, and Teens).
“The capital increase of up to 30 million euros and the strategic partnership with Mango represent a fundamental step in Coin’s transformation process,” said Matteo Cosmi, CEO of Coin Spa. “This transaction demonstrates that the Coin project is once again inspiring confidence, attracting investment, and winning over leading international brands. Mango’s entry into our network—with more than 20 store openings planned by the end of 2027—is a concrete sign that we are moving in the right direction. It’s a model in which Coin provides its partners with the strength of its network, the quality of its spaces, the centrality of its locations, and the credibility of a historic Italian brand, becoming a true growth driver for the brands and a new benchmark for the end customer. ” He also adds that “other international brands have already chosen to join Coin’s project and are preparing to make their official debut in our stores in the coming months.”
A phased rollout plan through 2027
The plan calls for an initial phase of openings by October 2026, with eight launches in Coin stores in Milan, Bari, Rome (San Giovanni), Rome (Cinecittà), Catania, Florence, Piacenza, and Vicenza. The remaining locations will open gradually throughout 2027.
30 million euros to support the new business vision
It is precisely to support this development plan and this new business model that the Coin Spa shareholders’ meeting approved this new capital increase of up to 30 million euros. This strategic move is intended to support the company’s new industrial vision. The funds will be allocated to renovating stores across the entire national network, as well as to accelerating the company’s digital transformation.