1992: The eyes of the world are on a confident, modern democracy as The Olympic Games are staged in Barcelona, the World Expo comes to Seville and Madrid is elected European City of Culture, (a euphoric time recaptured in Pedro Almodóvar's 2009 movie, "Los Abrazos Rotos" (Broken Embraces), set in the early 90s and starring Penélope Cruz sporting a Loewe silk scarf). Loewe celebrates the richness of Spain’s past in a flamboyant collection of bags titled “Velázquez”, inspired by the 17th century master's use of texture and hue. It enters the 21st century as a truly global brand and, in 2007, launches the Napa Aire; yet another ground breaker as this unstructured leather bag is available in an unprecedented sixteen colours.