Myntra extends a helping hand to brand partners
May 19, 2021
Myntra, the country’s greatest fashion marketplace has stepped in to help its image partners by absorbing their Covid-19 related structural relaxations and giving underlying relaxations on the operations front, for example, the extension of time spans on commitments and waiver of fees.
With this, the Flipkart-owned style e-tailer will give its brand partners Covid protection and repay their vaccination costs. On the activities front, Myntra has loosened up the request satisfaction turnaround time from 24 hours to 48 hours. Seller protection fund (SPF), the window inside which the dealers make claims against returned products, has been stretched out from 14 to 45 days. Myntra has likewise deferred request cancellation charges for the brand accomplices for April and May.
Flipkart and Myntra together control about 70% of the online market share of the pie in the country. Myntra sells more than 3000 style and way of life brands like Puma, Wrangler, Arrow, Diesel and H&M on its marketplace.