The flagship of the Inditex Empire opens a store with its latest interior design in Queen's Rd.
Zara is coming to the commercial and financial heart of Hong Kong, a dynamic Asian city and strategic business centre on a worldwide scale.
The store, located in Queen's Road, the hub of financial and commercial activity in this large Chinese city, shares the concept of global store belonging to the 'flagships' of the brand in other cities such as New York, London, Paris or Madrid, governed by principles of beauty, clarity, functionality and sustainability. Collections of Women’s wear, Trafaluc, Men’s wear and Children’s wear can be found there; garments for all styles and situations, stylish, trendy, and affordable.
With a shop surface area of 5000m2 spread over six floors, it occupies the historic Crawford House. A fusion of architectural styles, the building reflects Western influence on an Asian setting, with reinforced concrete in its main body and traditional Chinese towers and rooftops.
With this new store in Queen's Road, there are now twelve Zara stores in Hong Kong, the first Chinese city where the brand settled in 2004. Inditex has a total of 28 stores across its retail formats in the city. In the whole of China, the group has a total of 457 stores.
Source: fashionfromspain.com; 2014-07-24
Posted by flytobarcelona.org
Barcelona Air Route Development Committee
promotes Barcelona Airport intercontinental flights
Barcelona-El Prat Airport has added 11 new coach bays in terminal T2A. They became operational last June and are in addition to the 10 that this area already had. These bays are used by discretionary coaches that are responsible for transporting mostly groups of passengers on package holidays, cruise ship passengers, Russian tour operators and IMSERSO groups. Barcelona-El Prat Airport is thus continuing its improvements in order to offer a quality service to the users of its facilities.
Spain is the fourth European country with more investment projects from the Asian giant, having received 409 million euros in 2012, nearly seven times the figure for 2011, ranking behind France, the UK and Germany, according to ABC.
According to a study by the Center for Global Economy and Geopolitics of ESADE business school with KPMG and with the collaboration of Global Asia, regarding China Investment in Europe 2014, the number of Chinese companies established in the country is still residual if compared with the 12 thousand foreign companies operating in Spain.
The main reasons for China's investment in Spain are the crisis and the search for new business opportunities, which explain the increase in Chinese investors in the country. The report highlights the fact that the closer relationship of Chinese investors to Spain coincides with the economic difficulties that the Spanish economy has been going through since 2009. That crisis, far from being a threat, seems to be understood by investors from the Asian giant as an opportunity.
China is also seeking to open new markets, support its sales network, and establish a physical presence and access to distribution channels on the Iberian Peninsula. In addition, Chinese companies value Spain’s infrastructures, the proof of which are the sales of the Recolestos 12 building to the Bank of China, and Edificio España by Banco Santander to a Chinese tycoon. Other reasons are the quality of the workers and a bridge to access third markets for the acceptance of foreign products.
Currently, in Spain there are 60 Chinese companies registered in the country mainly in the energy sector, telecommunications and metallurgy.
The two 'low cost' airlines are the ones to have brought the most new traffic to El Prat, while the fight for passengers en route to Asia seems to have a winner.
The main engine of Barcelona-El Prat continues to be Vueling, but this year there are several airlines that are also growing at double digit pace and that are enabling the stagnation or even recession of other operators such as Ryanair, EasyJet or Iberia to be countered. The most notable case is that of Norwegian, which in the first half of the year accumulated growth of 40.5% and it is now the eighth airline in the ranking, with 363,372 passengers. Their challenge for 2016 is to operate long-haul flights from Barcelona.
Barcelona is among the top 10 cities in the world in global brand, foreign investment and organizing conferences. In addition, the Catalan capital is seventh in the ranking of European cities with better prospects.
These are some of the results to be found in the Observatory 2014 report which, presented by the Barcelona Chamber of Commerce, shows the growth of Barcelona in the main economic rankings in the world.
The head of economic research and infrastructure of the Chamber, Joan Ramon Rovira, highlighted the positive dynamic evolution of the Catalan capital owing to indicators such as the tenth position worldwide in number of foreign investment projects or fourth position – eighth the previous year – in Smart Cities in Europe.
The report also shows the sixth place as global city brand, and the forecast for businesses in operation for the second quarter of 2014, which are once again positive for the first time in the last three years.
The Mayor of Barcelona, Xavier Trias, expressed his "happiness at the growth in scientific production, a commitment to the knowledge economy with two business schools among the top 10 in Europe" – second IESE and ESADE eighth.
Source: expansion.com; 2014-07-22
Barcelona is the first city in Europe in terms of the percentage of expenditure each tourist devotes to shopping, which accounts for 34% of tourist expenditure generated in the city, according to the report drawn up by ESADE.
The study, entitled “Shopping tourism in Europe: Value Retail?, reveals that one in three visitors to Barcelona place shopping as the main activity of the trip.
Behind 'shopping', transport would be the second largest source of tourist spending, with a weight of 23%, followed by housing, with 21%, food and beverage services (10%) and recreation and culture (8%).
According to the report, the growth of shopping tourism in major European cities "has done nothing but be enhanced in recent years."
AVERAGE EXPENDITURE OF 295 EUROS
In the case of Barcelona, tourists who visited La Roca Village accounted for 57% of all travellers who came to the city. In 2013, the sales growth in Tax Free Shopping rose 44%.
By market, Russians represent 21.8% of the overall weight of sales in this shopping centre, followed by French (7.5%) and Chinese (6.7%), a nationality which experienced growth of 63% in 2013, and whose purchases account for 24% of the total.
Overall, tourists spend an average of 295 euros in these areas, with the Japanese as the ones who invest the greatest amount, ahead of Americans, Koreans and Chinese.
In fact, travellers from China account for 21% of visitors and 40% of total sales.
Meanwhile, European tourists visiting the Villages are mostly Germans (22%), followed by French (13%), British (12%) and Italians (12%).
In the past two years, sales to non-European tourists in the duty-free shops have grown by around 40%, with an increase in average spending of 3% in 2013.
Cargo traffic in the six months amounted to 331,071 tonnes, up 8.1%.
Good results for the airport sector in Spain, cargo retains its upward trend.
Last month 54,579 tonnes of cargo were transported in all Spanish airports belonging to the Aena network, 7.1% more than in June 2013. Adolfo Suárez Airport Madrid-Barajas recorded 28,406 tonnes in June.; Barcelona-El Prat, 8,534 tonnes; Zaragoza, 5,781 tons; and Vitoria, 3,986 tonnes.
Ten Spanish children's fashion and childcare companies, along with the Spanish Association for Childhood Products (ASEPRI) will participate from 22 to 24 July in the CBME fair in Shanghai with the Spain pavilion, as published by the web portal Fashion United.
Babydol, Barcarola, Bóboli, Mayoral, and Tutto Piccolo brands will present the Spring-Summer season 2015, while Baby Monsters, Casual Play, Babyauto, Bebé Due and Micuna and will showcase childcare, transportation and children’s furniture products.
The objective of ASEPRI at this fair is to tighten collaboration ties in order to strengthen bilateral relations between China and Spain and to achieve the recognition of Spanish brands in China, increasing the number of customers in the Asian country.
ASEPRI, which has been present in CBME since 2012, is world leader in professional events related to the world of childhood. Around 60,000 trade visitors are expected at the show, making this the ideal platform to close new agreements for the distribution and import of Spanish children's fashion and childcare products in Asia.
China has reached 17th place in the ranking of export turnover in the Spanish children's sector, climbing 20 places in one year, with a global turnover of 4.5 million euro.
June was a good month for air freight after recording 54,579,484 tonnes moved by Spanish airports, according to the statistics of the manager Aena. This represents an increase of 7.1% over what was accrued in the same period in 2013. Adolfo Suárez Madrid-Barajas continues to be the main national aerodrome, with a large movement of cargo – 28,406,700 tonnes, up 4% – as opposed to the following airports on the list: Barcelona-El Prat (with 8,534,520 tonnes moved) and Zaragoza, which with 5,781,004 tonnes continues to consolidate its position as the third Spanish airfield in terms of freight.
Indeed, in the Madrid airport, the boom in domestic cargo stands out (3,915 tonnes handled, an increase of 18.7%) and – to a lesser extent – international cargo (24,490 tonnes, up 2%).
Comparing the current year with figures for a year ago, three airport terminals stand out due to the dramatic increases in freight traffic: Pamplona recorded 2,791 tonnes – an increase of 11.064% – and continues with its unusual progression. Valladolid and Girona aerodromes also stand out due to their percentages of goods circulation, increasing 587.2% (5,422 tonnes) in the former and 332.2% (7,230 tonnes) in the latter.
The drop suffered by San Sebastian Hondarribia airport is a shock, after an incredible rise of 30,020 tonnes in May (19.650% up on same month the previous year) but only 44 tonnes transported was recorded in June, whereby it has undergone a 38% loss year-on-year.
This is reflected in data from the General Register of Transport Companies on July 9 issued by the Ministry of Development.
The number of companies dedicated to transport reached the figure of 232,106. Catalonia is the Community which has most companies in this industry with 18,936 followed by Andalusia with 15,954. Likewise, freight companies in the public sector amounted to 102,275 as opposed to 62,501 in the private sector.
As for the number of transport operators in Spain, a total of 7,125 have been registered.
The distribution of freight transport authorizations according to vehicle type recorded 203,586 authorizations for heavy goods vehicles and 54,120 authorizations for lightweight vehicles.