the main shopping street in arrecife has mango and zara,plus a few other spanish boutiques, try vero moda,encuentro and ferra,
puerto del carmen has a small shopping centre,biosfera, (big for here tho!) with all the usual high street names,zara,mango etc, and spanish ones,try a one called camieu,it's abit like next.no primark or new look or matalan tho!! ha ha
there are also bars,restaurants etc here too.