• Home
  • News
  • Just In: Flipkart Soars Up Commission Fee For Apparel Sellers
News Retail

Just In: Flipkart Soars Up Commission Fee For Apparel Sellers

Apparel Business

USA-based Walmart-owned Indian ecommerce company, Flipkart has amplified the commission charges from the vendors in the apparel segment.

The ecommerce company had reportedly intimated the apparel sellers about the commission hike on western wear, kurtis, innerwear, smartwatches, blazers and waistcoats to be effective from March 1, 2019.

The surge in the charge is between 6.5 percent and 15 percent.

Download Perfect Sourcing News App for Latest Business of Fashion News.

The charges for western apparel category in particular was increased from 15 percent to 16 percent This will increase the cost for the sellers by over 6 percent.

Unhappy with the change, the apparel sellers have reportedly asked Flipkart to take back the modifications made and also provide incentives to cancel out the effects of the changes.

Flipkart, with this move, perhaps eyeing a surge in its income from the apparel segment which is actually the second-biggest earner for the company’s gross merchandise value (GMV).

To the contrary, Amazon India had cut down commission by 35 percent for its apparel sellers in a recent move.

Recently, it was reported that Flipkart earned Rs. 30,164 crore in revenue for FY 2018.

Related posts

Garment factories digital map launched in Bangladesh

Perfect Sourcing Newsdesk

Extend RoSCTL to entire textile value chain

Gagan Marwah

Home textile company Trident records massive profit surge

Perfect Sourcing Newsdesk

Leave a Comment