Tuesday, May 26, 2020
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More than 100 Big Brands Ask Congress for a Commercial Rent Law

103 brands have joined forces to send a letter to the Spanish Parliament to demand legislative measures with which to renegotiate rents on equal terms and a new rental law.

A Cortefiel store. The brand belongs to the Tendam group, one of the signatories of the letter.

103 brands, half of which are from the world of fashion, have sent a letter to the Spanish Parliament to demand legislative measures with which to renegotiate rents on equal terms and a new law for commercial leases. The Council of Ministers recently approved the provision of a moratorium on the rentals of commercial premises linked to a business activity.

This initiative has united the tenants of 9,572 commercial establishments and premises from across Spain, which are defending the maintenance of 60,364 jobs in the Spanish retail sector. The signatories include Cortefiel (Tendam), Mango, Adolfo Domínguez, Desigual, Bimba and Lola, El Ganso, Purificación García, New Balance, Calzedonia, General Optica, Soloptical and Pimkie, amongst others.

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