Leading Spanish clothing retailer Mango on Monday confirmed it plans to invest $13 million in scores of new stores.

The Barcelona-based operator of 625 outlets in 70 countries said it will open about 100 new stores across Europe and Asia in 2003, of which half will be owned by the company and the other half by franchisees.

Mango added it will invest a further $6.5m in the installation of logistics and computer networks in the new stores.