A major British online retailer is expected to create a stronghold on the Russian market in 2013.
According to RBC daily, Asos.com is planning to buy a local player, with Wildberries tipped to be the potential partner.
Set up in 2004 by the Bakalchuk family, the Wildberries chain is known for a loyal custome base and keeping a low profile concerning its financial reports. Its product line includes leading European brands of clothes and footwear.
InSales, a private comsulting firm, estimates the company's 2011 revenues at 2.3 billion roubles.
Sources: http://www.rbcdaily.ru
Author: Mikhail Vesely