If you’re looking for quality trending styles at very good prices, you must plan to visit Spain on your next holiday because this country has become an authentic “low-cost, fashion paradise” with brands such as Mango and Zara.
Two iconic Spanish cities, Barcelona and Madrid, house many low-cost fashion delights.
The Eurostat said that “low-cost” fashion prices in this Mediterranean country are on average 12 percent lower than in other European countries.
Inditex Group, which exceeded the 3-billion-euro profit margin for the first time, has announced it will invest 1.5 billion euros in new store openings this year, including one in Madrid, which will be their biggest store in the world.
Inditex is the biggest fashion group in the world and is owned by Zara’s Amancio Ortega, who’s company operates 7,200 stores in 93 countries around the world.
The firm also owns Massimo Dutti, Bershka, Oysho, Pull and Bear, Stradivarius and Uterque, among others.
The new Zara will be located in Madrid’s Nuevo Ministerios area, a zone where most of the Spain’s government offices are located.
In December, Mango — Zara’s main competitor — inaugurated its biggest store ever on one of Barcelona’s most famous streets, Las Ramblas.
Primark, the Irish low-cost fashion giant, in 2015 opened up it’s biggest store in the world in Madrid.
The store located on La Gran Via is five storeys.
Then there’s Mulaya, a Spanish fashion store that has been built with Chinese capital. Their prices are so low and their styles are very similar to those of Zara’s, which has won them the name of the “Chinese Zara.”
From Italy, Terranova has arrived in Barcelona and also has a wide variety of fashion design clothing at very low prices. They’ve opened up branches in two other Spanish locations.