Trade

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.

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