Nelly: Profitability in focus - DNB

We hosted an event with Nelly’s CFO yesterday, where we discussed online trends in the fashion retail sector. It seems clear the shift back to normal purchasing patterns will weigh on the online channel, but the magnitude of the headwind is still uncertain. Key trends that we expect to continue are product category expansion, an increased share of private labels, and a widening of the relative performance gap between online companies in the sector.

Länk till analysen i sin helhet: https://www.dnb.no/seg-fundamental/fundamentalweb/GetReportSpon.aspx?file=CMPSP_194973.pdf