The current disruption is wreaking havoc in the high street, with several companies launching emergency fundraises or entering administration in a matter of weeks \u2013 the latest being TM Lewin and Oasis Warehouse.<\/p>\n
READ: ASOS upped to overweight as JP Morgan says firm is stronger following recent challenges<\/a>[hhmc]
\n<\/h4>\nFor pure-play online retailers such as ASOS PLC<\/a> (LON:ASC<\/a>) and Boohoo Group PLC<\/a> (LON:BOO<\/a>), shop closures could be a chance to snap up market share.<\/p>\nAlthough no one knows how the pandemic will pan out, they are both expected to capitalise in this time of market reshuffle.<\/p>\n
\u201cAs online penetration increases ASOS has secured financing to secure its long term growth with reassurance for suppliers and consumers,\u201d analysts at Citigroup said.<\/p>\n
The trend will not favour Primark owner Associated British Foods PLC<\/a> (LON:ABF<\/a>), as it does not have an online offering.<\/p>\nDespite its widespread presence on the high street, Next PLC<\/a> (LON:NXT<\/a>) is also expected to emerge from the pandemic with fewer bruises than others.<\/p>\nREAD: Next restarts online sales in a very limited way due to coronavirus safety measures<\/a>[hhmc]
\n<\/h4>\nIts online platform last year generated annual revenues of more than \u00a32bn, of which around 25% comes from Label, the groups third-party platform for brands such as Barbour, Hugo Boss, Superdry and Mint Velvet.<\/p>\n
\u201cWith the industry likely to be swamped by unsold seasonal product, we believe Next will benefit as a useful clearance channel, especially given the groups commission model, which will give the brands a level of control over pricing and ranging,\u201d say analysts at Peel Hunt.<\/p>\n
A strong online presence will benefit the luxury sector as well, although Deutsche Bank<\/a> number crunchers say Burberry PLC (LON:BRBY<\/a>) will face steep declines due Read More \u2013 Source<\/a>
\n[contf]
\n[contfnew]
\n ![](\"https:\/\/webfiles.thecse.com\/PRO_LOGO_P_COLOUR.png?sYToe11NLbcXiyGkVa5syF9WB04cy98G\"\/)
<\/p>\nProactiveinvestors<\/a><\/h5>\n[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"
The already increasing trend of online shopping has only grown further as consumers face lockdowns, ..<\/p>\n","protected":false},"author":1,"featured_media":143380,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-143379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\n
Online proposition to play big part in recovery for fashion retailers, analysts say - Business News Report<\/title>\n<meta name=\"description\" content=\"The already increasing trend of online shopping has only grown further as consumers face lockdowns, ..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/online-proposition-to-play-big-part-in-recovery-for-fashion-retailers-analysts-say\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Online proposition to play big part in recovery for fashion retailers, analysts say - Business News Report\" \/>\n<meta property=\"og:description\" content=\"The already increasing trend of online shopping has only grown further as consumers face lockdowns, ..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/online-proposition-to-play-big-part-in-recovery-for-fashion-retailers-analysts-say\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-17T00:50:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/04\/1587047626_2020-04-16-15-33-46_8b248cbc8fab8ee77ab753b9d9b3febb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"894\" \/>\n\t<meta property=\"og:image:height\" content=\"413\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/online-proposition-to-play-big-part-in-recovery-for-fashion-retailers-analysts-say\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/online-proposition-to-play-big-part-in-recovery-for-fashion-retailers-analysts-say\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Online proposition to play big part in recovery for fashion retailers, analysts say\",\"datePublished\":\"2020-04-17T00:50:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/online-proposition-to-play-big-part-in-recovery-for-fashion-retailers-analysts-say\\\/\"},\"wordCount\":365,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/online-proposition-to-play-big-part-in-recovery-for-fashion-retailers-analysts-say\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/1587047626_2020-04-16-15-33-46_8b248cbc8fab8ee77ab753b9d9b3febb.jpg\",\"articleSection\":[\"Politics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/online-proposition-to-play-big-part-in-recovery-for-fashion-retailers-analysts-say\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/online-proposition-to-play-big-part-in-recovery-for-fashion-retailers-analysts-say\\\/\",\"name\":\"Online proposition to play big part in recovery for fashion retailers, analysts say - 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Although no one knows how the pandemic will pan out, they are both expected to capitalise in this time of market reshuffle.<\/p>\n
\u201cAs online penetration increases ASOS has secured financing to secure its long term growth with reassurance for suppliers and consumers,\u201d analysts at Citigroup said.<\/p>\n
The trend will not favour Primark owner Associated British Foods PLC<\/a> (LON:ABF<\/a>), as it does not have an online offering.<\/p>\n Despite its widespread presence on the high street, Next PLC<\/a> (LON:NXT<\/a>) is also expected to emerge from the pandemic with fewer bruises than others.<\/p>\n Its online platform last year generated annual revenues of more than \u00a32bn, of which around 25% comes from Label, the groups third-party platform for brands such as Barbour, Hugo Boss, Superdry and Mint Velvet.<\/p>\n \u201cWith the industry likely to be swamped by unsold seasonal product, we believe Next will benefit as a useful clearance channel, especially given the groups commission model, which will give the brands a level of control over pricing and ranging,\u201d say analysts at Peel Hunt.<\/p>\n A strong online presence will benefit the luxury sector as well, although Deutsche Bank<\/a> number crunchers say Burberry PLC (LON:BRBY<\/a>) will face steep declines due Read More \u2013 Source<\/a> [contfnewc] The already increasing trend of online shopping has only grown further as consumers face lockdowns, ..<\/p>\n","protected":false},"author":1,"featured_media":143380,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-143379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nREAD: Next restarts online sales in a very limited way due to coronavirus safety measures<\/a>[hhmc]
\n<\/h4>\n
\n[contf]
\n[contfnew]
\n <\/p>\nProactiveinvestors<\/a><\/h5>\n
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"