Spanish Fashion world-wide context
Spanish fashion has been in full growth since 2016, having as its main allies the member countries of the European Union, thanks to which sales were generated to the value of 14,064 million euros in the course of 2016 itself, and which continue to grow successively in the following years to reach results that demonstrate a success in the sector.
Several years of growth in Spanish fashion exports
The surprise in exports within the Spanish fashion sector came in 2016 with the aforementioned figures, but far from remaining an anecdotal rise, this phenomenon was consolidated in the following years, presenting in 2017 a 7.4% increase in exports in the sector, reaching 24,000 million euros.
According to data obtained by the Spanish Institute for Foreign Trade (Icex), the year 2016 saw the highest growth in Spanish fashion exports, surpassing the previous record generated in 2013, and since then it has not faltered, generating positive figures and raising this industry as one of the fastest growing in our country. Spain has consolidated its position as the third largest exporter of fashion in Europe.
In the last decade alone, the Spanish fashion industry has boomed in several European countries such as Poland, Croatia and the Czech Republic. The latter, as a newcomer to the European Union, has seen Spanish fashion conquer its market and increase its sales to double or triple compared to the previous decade, with Italy, Portugal and the United Kingdom still being the largest markets.
Big and small Spanish fashion brands: the same positive result
Although the big Spanish fashion brands have become accustomed to succeeding abroad and even to giving prestige to the quality of the country’s textiles, they are not currently the only winners in the sector’s exports, as medium-sized and small firms are also finding their place, to the point of obtaining large foreign investments.
Of the top 14 Spanish fashion brands, 10 of them already belonged totally or partially to foreign investors in 2018, so there is great interest in the possibilities of Spain’s textile sector, and industries in other countries are increasingly looking at possible moves in this field, with new or established businesses likely to close deals in the European Union.
Huge foreign capital investments in the sector
It cannot be overlooked that the Spanish fashion export boom also goes hand in hand with the aforementioned growth of foreign investors, as financial companies are involved in a multitude of companies all over the world, and the fact is that the Spanish fashion industry is also growing in terms of foreign investment.
companies all over the world and have been looking for years at those that are located and developed in Spain, investing large amounts of capital in them.
The fact that large investors are interested in this sector in general means that they can give a boost to smaller brands, boosting the Spanish fashion market in all ranges and improving the possibilities for expansion, negotiation with other markets and the inclusion of new technologies.
The most international Spanish fashion brands
Spanish fashion brands have achieved notable international recognition, standing out in the competitive world of global fashion. Zara and Loewe are two of the most emblematic, establishing themselves as benchmarks of style and quality throughout the world. However, they are not the only ones to shine in this field; other brands such as Mango, Desigual, Bershka, Pull & Bear, Massimo Dutti, Stradivarius and Oysho have also achieved a prominent place in the Brand Finance Spain 100 report, where they are recognised as the most valuable brands in Spain. These brands not only reflect Spanish creativity and talent, but have also been able to adapt to global trends, bringing the essence of Spanish fashion to a diverse and wide audience.
Entry navigation