When you're standing in a packed convention center in Cannes, France, attending a retail real estate conference, drinking champagne at noon in the "Belgian cities" booth, it's hard to imagine that there is a serious economic crisis taking place on this continent.
Of course, being in a convention atmosphere is not indicative of the health of a number of countries, and people are known for enjoying the good life here even in bad times. But no one seems like they are in a crisis mode.
We had a video interview today with Per Wendschlag, a managing director at IKEA, who spoke about how the downturn is helping his company. Look for that video on GlobeSt.com next week.
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