Myntra to sub-franchise Mango stores in India

Myntra, the country’s largest online fashion retailer, is close to signing up two sub-franchisees to manage Mango stores in India, according to three people familiar with the matter.

Myntra, which took over the offline and online franchisee rights for the Spanish fashion and lifestyle brand in India earlier this year, is likely to appoint Samarth Lifestyle and G&B Fashion as the subfranchisees. Continue reading