Madrid Clothing Business: Euro Is Not Worth Buying, Cost Reducing Profit.
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, it is followed by the economic crisis sweeping the globe, and businesses in this area are beginning to go cold.
At the initial stage, businessmen here didn't care much. Many people even thought that the crisis brought by this crisis will be eliminated in 2 to 3 years according to the experience of Spain's economic crisis in 1993.
LAVAPIES
The wholesale clothing 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 area
The current depression.
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