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Popular fashion retailer will share online turnover with its franchisers

That would initiate Mango’s closer collaboration with the franchisers

Mango

Popular fashion retailer will share online turnover with its franchisers. Source: pixabay.com

Ecommerce News has found that Mango will share a part of the turnover generated by e-commerce with its franchisers.

This way, in-store omnichannel initiatives, such as click & collect, could be introduced and developed more quickly.

Initially, Mango will do this only in the markets where the company has many franchisers: the Netherlands, Spain, and France, based on their turnover within their sales area. Last year, online sales at Mango increased by 26.7% to €564 million.

Because the physical stores are undeniably responsible for the significant growth of the online business. Many of the transactions that end up in our e-commerce business, come from our customers visiting our physical storesrn
Daniel Lopez, director of expansion and franchises at Mango

We’ve reported that the US payment gateway Affirm will power Shopify’s Shop Pay Installments in the US. According to the report, customers will be able to split their total purchase amount into 4 equal, bi-weekly, interest-free payments.

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