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Last month we had a 10% increase in sales and this is a very high indicator. We launched our US Internet site last month.
As it is mentioned earlier, during the last month we had a chance to see an increase in the sales of our on-line shop. This is because our clients are now able to view, choose and order all necessary things without leaving home. Online shopping is becoming more and more popular from year to year, because the Internet access in Europe is getting cheaper. It is forecasted that we will have 8 million on-line buyers within 3 years. Nowadays, sales of clothing on the Internet represent just 1% of retail sector. At this moment this figure is not high, but the situation may be changed by some Scandinavian and German sites. The first Internet site set up for Germany and Scandinavia has good first quarter results, especially Scandinavian e-tailer chic.com.
In conclusion, we can say, that we see good results of on-line shops performance in Europe. It will be very good for our clients if on-line shops are opened in Germany and Scandinavia.