Market Report, "Homewares in Spain", Published
Prolongation of the economic downturn in Spain and its effect on consumer disposable incomes and real estate had a significant negative impact on the demand for homewares products over 2011. Traditionally, Spanish consumers renew their homewares when moving into a new house, and the collapse of the real estate sector signified a lower demand for these products. In addition, decreasing disposable incomes are forcing Spanish consumers to prioritise on their expenditure, and they have become...
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