Russian online clothing and footwear sales set to rocket

Russian online clothing and footwear sales will be worth RUB 200bn by 2019 and RUB400bn by 2024, according to online retailer KupiVIP’s founder and co-owner Oskar Hartmann. Speaking at the E-business in Russia forum yesterday, he also predicted that internet sales would account for 15-20% of Russia’s fashion retail market in 10 years’ time. Interfax