By  on September 20, 2013

MADRID — Battling a second recession in three years, Spanish designers sent out less flash and embellishment at Mercedes-Benz Fashion Week Madrid because nobody can afford to make it — or buy it, they said.

Domestic spending from 2008 through 2012 dropped 12 percent, according to the National Statistics Institute, or INE, with a significant decline of 9.3 percent in the clothing and footwear sector. Even Inditex, parent of Zara and Massimo Dutti, felt the pinch, reporting first-quarter 2013 net revenues up just 1.4 percent.

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