Mango shuts down marketplace after two years of operation
Roberta HERRERA
MangoRitualsEl Ganso
”The company has decided not to continue offering these complementary brands to its offering with the aim of further enhancing its proprietary sales channel and technological capabilities to provide better customer experiences,” explained Mango. Initially, the marketplace was launched in six markets, including Spain, the Netherlands, Germany, the United Kingdom, Portugal, and France.
Mango places great significance on its online channel, constituting 36% of its business in the last fiscal year. According to the company, in the first half of 2023, its e-commerce operations grew by 10% compared to the same period in the previous year, with the mobile application being the platform that witnessed the most notable increase in revenue.
Mango, founded by Isak Andic
