Madrid is a shopper's paradise, it has everything you could possibly desire, and the only thing you need to know is where to look. For the cities tourists the most popular destination will be Calle de Preciados, which has the likes of El Corte Inglés, as well as high-street brands such as Zara and Casa Jiménez. Most of these stores will open around 9:30am and will close at 20:30, with a lunch break from 14:00 till 17:00. If you don't mind spending a bit extra for top names in Designer clothing you should pay a visit to the Salamanca district of the city. Versace, Armani, Chanel, Hugo Boss can all be found in this area.
