By  on May 20, 2013

Munich is Germany's luxe Fashion gem.

While the Bavarian capital is by no means Germany’s largest metropolitan district, covering 119.9 square miles, nor its most populous, together with the surrounding areas, Munich is Europe’s most prosperous economic region, according to the realty and consultant firm Comfort. The city has the lowest unemployment rates and highest purchasing power in all of Germany, with GfK Geodata placing its residents’ clothing purchasing power index at 137.1 based on a national average of 100. And shop they do — the concentrated network of shopping streets in Munich’s city center clocks in between 12,000 and 15,000 people an hour during peak times.

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