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Spanish Market Insight: Bricks & Mortar Face Strong Competition From Online Outlets
The global economic outlook is not a cheerful one as the year draws to a close. Growth has slowed down worldwide, with Europe getting the worst of it. Spain has averted recession and remains one of the driving forces of the Euro Zone economy. Yet, it is not immune to this deceleration trend. By Rocio Enriquez Spain’s overall GDP growth for 2023 has been revised down from 2.1% to 1.6%. Inflation and the impact of rising interest rates keep household spending down. Boardsports shops have…
