Madrid Clothing Business: Euro Is Not Worth Buying, Cost Reducing Profit.

2010/8/19 10:17:00 68

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Since the autumn of 2006, little LAVAPIES has entered a troubled period.

First, the urban area.

Commercial Street

The next is the thousands of merchants protesting the parade, the Chinese and foreign merchants and the official dialogues, press conferences and protest rallies.

When these things gradually become calm, the following is sweeping the globe.

Economic crisis

From this, business in this area began to be desolate.

At the initial stage, businessmen here didn't care much about it. Many people even thought that, according to the experience of Spain's economic crisis in 1993, the crisis brought about by this crisis will be eliminated within 2 to 3 years. At that time, the LAVAPIES clothing wholesale market will revive.

Three years later, people did not see signs of economic recovery. Instead, they saw business that was not as good as a year.

Some people who rent the store must not start to clear up or change their business.

Some people who buy the shop front are still there, though the business is not as good as before, although the popularity of the wholesale area is getting weaker and stronger, and whether the last adherence can finally become the winner, no one can answer for it.

In August 9th, I came to LAVAPIES to interview and feel it on the spot.

Wholesale clothing

The region's current depression.