Isak Andic, the founder of the fashion brand Mango, has died in an accident, the company said. Andic fell into a ravine while hiking in caves near Barcelona, according to reports. Isak Andic, the billionaire founder of the European fashion company Mango, died on Saturday. AdvertisementAndic, who served as the company's non-executive chairman, died after an accident, Mango CEO Toni Ruiz said in a press release. According to multiple reports, Andic fell into a ravine while hiking through caves with his family.

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Persons: Isak Andic, Andic, Forbes, Toni Ruiz, Isak, Ruiz, Andic's, Pedro Sánchez, it's Organizations: CNN Locations: Barcelona, Spain, Salnitre, Collbató