India: Myntra’s app-only move slowed down FY16 sales growth

Myntra subsequently re-launched its desktop site on 1 June this year after re-opening its mobile site in February. Photo: Bloomberg

Online fashion retailer Myntra, which is owned by Flipkart, reported a sharp slowdown in sales growth for the year ended March 2016, as its move to become an app-only platform alienated customers.

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