If you have to talk about Europe, you have to make some differences between countries.
There are some countries in Europe like
England, France, and Germany which are much more developed than Italy;
this we have to say in firstly.
Italy is growing and in my opinion it's like a bomb that has to explode.
In the next year it will really
grow. I hope that the numbers will be similar to that of these other countries;
this is the first thing.
Anymore, online is a new channel of distribution which is
absolutely complementary to the retail of online shops,
outlets, and traditional distribution of all brands.
This is the basis upon which we develop our business model and our mission.
Thank you very much Andreas.
Federica, what about the business model of Vente-Privee,
what is the innovation brought into the business by this company?
The most important thing that Vente-Privee understood is that image for
brands is becoming more and more important,
and this is also the case for luxury brands.
What we understood is that we would like to help
brands transfer their image and products and
sell them in a proper way without wasting their image,
also to create a new and complementary way to sell their brands.
Okay. Last but not least, what are the prospectives of Vente-Privee,
and more generally online channels in the future?
We say, as our founder says that there is no “e-commerce,”
there is no “m-commerce,”
we talk just about commerce.
What is changing now is the consumer occasion,
so what we would like to do in the future for Vente-Privee is to continue our
business of course, of serving brands, but to be more and more