At the moment, we are an intermediary, but we are prepared to move progressively and act as a principal according to the level of risk. Information is a key part of our business. We have something like three terabytes of data going back over the last six years of transaction information on the two million customers who buy from us regularly. This is an area of our core competency, but it is also where some additional growth can take place. We believe this is down to the positioning of our catalogues, the strength of our offer, and also the frequency of contact that we make to our customers.
Clothing is a difficult area at the moment.
So, it is possible to develop these new ranges reasonably quickly to build on the confidence the customer has in the main offer, which is clothing. Our marketing is through a number of channels. The most traditional channel for recruiting new customers to the database is still advertisements that we feature in national newspapers and women s magazines, where generally we feature representative products from one of the catalogues in our wide portfolio. We also recruit customers through direct response TV and a number of other quite minor channels of recruitment. Once customers are on the database they generally receive bi-annual catalogues from us.