In general, I would say that of course you will get more traffic from Germany and France (or any other country) by offering translations in those languages. Not only will they be more likely to visit the site, but I'm sure you are not ranking well in the search results in those countries, as they are not very likely to search in English.
One idea to improve conversions might be to move the Jodhpuri suit from the home page. The majority of visitors probably look at your headline, left image, and price in the box on the right. They may not even notice that you are offering custom tailored garments.
If you add a home page which tells that you offer custom tailored garments, a satisfaction guarantee, free shipping and packing, detailed instructions for measurement, etc., I think it would improve your conversion rate. Most of those things are not immediately evident from your home page.
Also, do you realize that your pages all open in new windows? This is slightly annoying, it would probably be better to open only links to other sites in new windows.
CiCi
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