Mr. Damian Duggan:

Certainly, in terms of online business we are seriously struggling given that we pay 23% VAT and online businesses pay nothing. If one buys a watch for €500 and one is saving 23% VAT, that is a huge saving. People are coming in and taking photographs of our stock, buying it online and then coming in and asking us to adjust it for them. That is happening every single day of the week.