SPAIN: 8,000 shops closed in 2009 as apparel sales plunged
By Ivan Castano Freeman | 6 January 2010
Spanish apparel industry sales fell 8% to some EUR15bn last year as the country continued to spiral into recession, forcing 8,000 small retailers to close shop.
just-style articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
Bangladesh apparel industry pressured on wage issue
Pressure is mounting on stakeholders in the Bangladeshi garment industry to reach agreement in the latest round of pay talks which are due to conclude at the end of July.
MALAYSIA: Fast Retailing joint venture to open Uniqlo stores
Japan's Fast Retailing Co Ltd, operator of the Uniqlo casual clothing chain, has set up a joint venture with Malaysian garment retailer DNP Clothing Sdn Bhd to expand its operations in the country.
SOURCING: Caution is key when buying from Bangladesh
Western brands and retailers whose orders have been caught up in last week's violent protests by garment workers in Bangladesh will no doubt take some comfort from news that hundreds of garment factories have now reopened for business. But their relief is likely to be short-lived unless the issues at the core of this long-term and simmering unrest - an increase in the national minimum wage and better working conditions - are addressed.
Market research related to this article
Childrenswear Retail in Europe: Market Size, Retailer Strategies and Competitive Success
The childrenswear sector has not been immune to the impact of the recession, with EU expenditure tumbling 3.5% in 2009. However, its replacement-driven nature has kept sales comparatively resilient, outperforming other clothing categories. As a resul...
