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German Stores As Business Conference Falls

Pedestrians walk past a Valentino fashion store, owned by Valentino Fashion Group SA, on Maximilianstrasse in Munich, Germany, on Wednesday, July 25, 2012. Spending at German department stores, which date back as far as the 19th century, has fallen 3.9 percent since 2009 as the richest shoppers have sought designer gear at single-label stores, driving luxury expenditure up by 16 percent to 12.9 billion euros last year. Photographer: Michael Nagle/Bloomberg via Getty Images
Pedestrians walk past a Valentino fashion store, owned by Valentino Fashion Group SA, on Maximilianstrasse in Munich, Germany, on Wednesday, July 25, 2012. Spending at German department stores, which date back as far as the 19th century, has fallen 3.9 percent since 2009 as the richest shoppers have sought designer gear at single-label stores, driving luxury expenditure up by 16 percent to 12.9 billion euros last year. Photographer: Michael Nagle/Bloomberg via Getty Images
German Stores As Business Conference Falls
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Credit:
Bloomberg / Contributor
Editorial #:
149219160
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Bloomberg
Date created:
July 25, 2012
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Rights-managed
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Source:
Bloomberg
Object name:
GERMAN STORES