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Spain aiming to catch up with Europe's luxury market leaders

9 days ago   |   By Travel and Tourworld

Spain is interested in catching up with Europe's luxury market leaders.
In 2017, Spain's luxury sector witnessed sales of €9.2 billion, compared to €29 billion in Italy and €27 billion in France. Experts believe that this figure will rise to €20 billion in six years. The rise will be based on Spain's power of attraction in the segments of tourism, gastronomy, fashion and on the development of specific products for high-end consumers.
Carlos Falcó, the president of the luxury brand association Círculo Fortuny and head of Eccia said that 2018 did not live up to expectations. “It wasn't a...
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