Mango Reports Strong Sales Via Online

Mango Reports Strong Sales Via Online

Mango recently reported a turnover of £1.8 billion in 2021, with online sales accounting for 42%. Mango profits rose to their highest level in almost a decade as its turnover neared its record 2019 levels.

The retailer increased its investment by 64% to £37 million, with the majority of spent on accelerating its digital transformation and refurbishing the store network.

Kidswear remained a strong product category for the company, growing 60% over 2019, with menswear, homewear and childrenswear accounting for 18% of turnover.

However, womenswear remains the company’s biggest category with a share of 82%.

Last year, Mango expanded its online activity to new markets including Thailand, bringing the total number of online markets to 85.

Related posts

Southeast Asia’s Zalora partners with Myntra

PS NewsDesk

10% Custom Duty on Man Made Yarns in the Union Budget 2021, appeals NITMA

PS NewsDesk

How’s a stronger dollar giving an edge to Indian garment industry?

Perfect Sourcing Newsdesk

Leave a Comment