The July 13 edition of Malaga Hoy has an article that is titled "Lujo por todos los rincones" (luxury in every corner). It says that the most luxurious stores in Spain are in Puerto Banus. The only Versace store in Spain is located in Puerto Banus. Other international fashion houses are Dior, Chanel, Luis Vuitton, Cartier, Bulgari, Carolina Herrera, Gucci, Armani, Roberto Boticcelli, Valentino, Chanel, and Yves Saint Laurent, among others. Puerto Banus is the Rodeo Drive of California and the Place Vendome of Paris. Prices in the stores are stratospheric, but Puerto Banus beckons the rich from all over the world and from residents of Marbella. Because of its microclimate, Marbella is open all year, while other European resorts close shop. So for an international fashion brand thinking of expanding to Spain, the first choice is Puerto Banus, because it has the clientele the brand is looking for.