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Spanish Textile Trade Stagnates Despite Slight Sales Increase
The Spanish textile trade reported €11.04 billion in sales in 2024, a slight increase from 2023 but far below pre-pandemic levels; this reflects reduced consumer spending and the rise of online retail, leading to nearly 18,200 store closures since 2019.
Spanish Textile Trade Stagnates Despite Slight Sales Increase
The Spanish textile trade reported €11.04 billion in sales in 2024, a slight increase from 2023 but far below pre-pandemic levels; this reflects reduced consumer spending and the rise of online retail, leading to nearly 18,200 store closures since 2019.
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