Milan is well repudiated as European Union’s primary and major financial and business center and has GDP of around 241.2 billion euro. The Milan city has a GDP of $115 billion, therefore makes it the world’s 26th richest nation by purchasing power parity.

Milan is the world’s 11th most expensive city for expatriate employees, and therefore its influence can be felt upon areas like fashion, commerce, business, banking, design, trade and industry and therefore it makes it an Alpha world city, along with Kuala Lumpur, Toronto, Brussels, Madrid, Seoul and Buenos Aires. The FieraMilano exhibition center is considered as the largest in Europe.

Even in fashion, Milan is regarded, presently as the current fashion capital of the world. In competes with other fashion capital and centers of the world, including New York, Paris, Rome, London, Los Angeles and Tokyo.

Milan is also regarded as the true current fashion capital of the world, according to the 2009 Global Language Monitor, and annually competes with other major international centres, such as New York, Paris, Rome, London, Los Angeles and Tokyo. The major fashion brands like as Versace, Gucci, Armani, Valentino, Prada, Dolce & Gabbana, Moschino and Missoni has headquarter in the city, therefore it vastly contribute to the economy of the Italy.

With historical perspective, after the World War II bombings and opening the Milan camp for refugees the city saw an economic overhaul where new buildings were built and industries open the city became infested with immigrants from Southern Italy and China. The city experienced the strong inflow of immigrants and became an attractive center of international value of expatriate employees. The primary business partners for Milan are Russia, Switzerland, Turkey and the European Union. Its Non European Business partners are China, Hong Kong, the countries of North Africa, Singapore and United Arab Emirates. The city’s primary exports are electronics, electrical engineering, steel, textile and clothing products and motor vehicles.

In 2009, Milan was recognizes as the world fashion capital where it defeated cities like New York, Paris, Rome and London. Primary Italian Fashion brands as popular in Milan are Valentino, Gucci, Versace, Prada and Dolce & Gabbana, and have headquarters in the city of Milan.

Milan is one of EU’s most important tourist destinations and had 2 million tourists annually. According to a survey, the most of the visitors that from USA to the city that come for business matters where Chinese and Japanese tourists come to the city for leisurely activities. The city has a good number of attractive centers for tourist attractions like Duomo and Piazza, the Teatro alla Scala, the San Siro Stadium, the Galleria Vittorio Emanuele II, the Castello Sforzesco, the Pinacoteca di Brera and the Via Montenapoleone.

The city is filled with a good number of accommodation services like ultra-luxurious Town House Galleria, that is the world’s first ever seven-star hotel, ranked officially by the Société Générale de Surveillance, and one of The Leading Hotels of the World

As Milan is known as and has reputation of being the City of Fashion, where a person can go for ample opportunistic activities as related to the field of shopping and other recreational activities. There are many spot and places in Milan as for going for the fashion enthusiasm. As for starting shopping in Milan, one can start it at from the The huge Corso Buenos Aires though is not a top shopping street in China, yet it is the longest and most popular shopping area in the city and involves a wide variety of shops, from
designer boutiques, trendy outlets and funky furniture stores, to second-hand bargain sales, old antique dealers and newsagents.

However, with exception to Corso Buenos the prominent shopping area in the region is    Famous Quadrangle, that is a set of blocks situated between Duomo Square (Piazza Duomo), Cavour Square (Piazza Cavour) and San Babila Square (Piazza San Babila). Here in Montenapoleone Street (with prime brand shops), Della Spiga Street, Vittorio Emanuele Street, Sant’ Andrea Street, Porta Venezia avenue and Manzoni Street. There at the street are located the most prestigious boutiques and showrooms in the world. Some of the famous shops for purpose of shopping in Milan are as following:

•    Armani Megastore: Close to La Scala, this is a Giorgio Armani’s flagship store that covers around space of around 8,000 square feet and have for high-fashion creations like the Emporio Armani and Armani Jeans lines, with addition to new Armani Casa selection of home furnishings as well as flower, book, and art shops. There at the basement of the shop are located high-tech Sony electronics boutique/play center in the basement; and an Emporio Café and branch of New York’s Nobu sushi bar.

•    Abercrombie & Fitch: Inaugurated in October 2009, it is one of the most popular flagship stores in Milan. It is the world’s first to host Abercrombie kids and A&F together in one shop. With occupying space of around 30,000 square feet it is a huge department store with around three floors. It is close to Milan’s top shopping district and is on walking distance from the Via Monte Napoleone and other streets in the fashion quadrilateral.

•    Gucci Flagship: This again is a Gucci’s flagship store in the city that was opened back in 2002 and stores high fashion cloths and accessories. There too are many other Gucci stores in Milan, including the Galleria Vittorio Emanuele. One such store is even at Milan’s Malpensa airport.

•    Prada, Galleria Vittorio Emanuele: It is one of the Prada’s several boutiques in the city. This one at Prada is close to the Duomo and the central square. More it sales out many high-fashion items like shoes, perfume, handbags, accessories etc in classical as well as modern chandelier-filled, multi-floored shop.

•   Krizia, Via Sant’ Andrea: It is quite popular ever since it has been inaugurated in 1960. Krizia is a trendy boutique with funky clothes and swanky designs. Founded in Sant’ Andrea street, it is at the center of the top shopping district of the city.

•    10 Corso Como: Founded in the early 1990s, is a “multi-functional” shopping complex that is located at same place matching to its name. It is understood to be a lifestyle emporium spread around in area of 13,000 square feet. It contains many fashion shops, design, photography and art gallery, luxury goods, a bookshop, accessories, a cafe and a restaurant.

•    La Rinascente: I t is a huge departmental store in Milan, situated at right in the center of the city close to Cathedral and Galleria, adjacent to chic Montenapoleone shopping zone. There you can find houseware, design and appliances, male, female and children’s fashion, youthful sports’ clothes, jewellery, accessories, cosmetics, watches, perfumes, glasses, socks, underwear, lingerie, gifts, table decor, a hair stylist, a restaurant, sushi bar, food market, sandwhich, drink and chocolate bar and other items of your likeness and preference.

•    Basement, Via Senato: This small hidden shopping outlet cannot be viewed from the straight above the street. In order to reach there you ought to go at the Via Senato no. 15 parking lot, go down a staircase, go to your right, and then you’ll see a purple sign, which shows that you’ve arrived. The shop includes designer cloths from Moschino, Prada and Yves Saint Laurent, to D&G and La Perla provided with heavy and huge discounts.

•    Serravalle Scrivia, Via della Moda: It is one of the biggest shopping outlets in Europe having about 180 stores. Though one’s hours drive away from the city, it is in the Piedmont region, and indeed a great place for a person who definitely is a great shopping fan. It is more and less is like a mini-town, with Italian-style piazzas and pretty alleyways, surrounded by rolling hills and a lovely local countryside, and absent of cars. Here you can articles even from famous designers like Dolce & Gabbana, Etro, Diesel, Roberto Cavalli, Ferragamo, Timberland, Tommy Hilfiger, Prada, Geox, Swatch, Bulgari, Swarovski, and many more.

The Brera district (Lanza, or Montenapoleone metro stops) is also a great spot for shopping in Milan and is famous for its trendy and young, yet stylish, boutiques. The Brera district is also popular for many other shopping experiences like it has ancient rare art stores and galleries, sipping a hot drink at a refined-air cafe, attending a funky disco, or looking for exotic furniture. Jewelry stores in the district are Papic oro e argento or Alcozer & J. Bijoux, fashion shops include Accessori or Laura Ashley, and furniture stores include Zohar or Lucitalia. The other extraordinary market in Milan is the Mercatone del Naviglio Grande.