By and  on July 7, 2008

Despite the German soccer team's recent defeat by spain in the Euro 2008 tournament, Berlin is in a good mood — and that bodes well for the nation's fashion industry, on the eve of the spring 2009 runway and trade shows in town, July 17 to 20.

The power of soccer in Germany is not to be underestimated. The national team's world championship victory in Bern in 1954 is said to have kicked off the Wirtschaftswunder, or "Economic Miracle." And a recent study has suggested Germans are both happier and more willing to spend when their team has won the finals.

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