Home / Knowledge / News / Apparel/Garments / Clothing has major share in Spanish luxury market: Report
Clothing has major share in Spanish luxury market: Report
03
Jun '13
Clothing and clothing accessories constitute a major item in the growing Spanish luxury market, and it accounted for a sale of €545 million, according to a market trend study published by a Spanish company DBK.
 
The study titled ‘DBK Sector Studies: Luxury Clothing and Accessories’ states that 70 percent of the sales in entire Spanish luxury market come from the sales of clothing items and 10 percent from that of clothing accessories.
 
The main reasons for the rise in sales in the luxury clothing market are increase in demand by foreign tourists and the expansion of luxury clothing market in Spain, the study says.
 
The report further states that the top five luxury clothing companies contributed to 40 percent of the total sales and the top ten companies sold about 60 percent of the total value.
 
About 55 apparel companies with 215 stores were operational in the luxury clothing sector of Spain during the study conducted for 2012. 
 
The turnover from the sale of luxury clothing and accessories experienced a growth of 1.3 percent in 2011 and 0.9 percent in 2012.
 
The study predicts that in the coming years there will be a rise in the number of international brand stores in Spain along with an increase in online sales as well.
 
DBK, a Spanish company, conducts business and competitive analysis of about 700 Spanish and Portuguese sectors and publishes over 300 in-depth studies and 1,000 trend reports every year.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search