Global Blue Releases the Monthly Tax Free Shopping Business Update for October 2024
Global Blue Group Holding AG Ordinary Shares (GB)
Company Research
Source: Business Wire
Fresh data from Global Blue reveals that the worldwide growth in Tax Free Shopping is positive across Continental Europe and Asia Pacific: Issued Sales in Store like-for-like year-on-year performance reached +17%1 in October 2024. SIGNY, Switzerland--(BUSINESS WIRE)--A sustained performance in Continental Europe for international shoppingIn Continental Europe, the issued Sales in Store growth rate increased by +12%1 in October 2024 vs. last year. This growth was led by a +14%1 increase in the number of shoppers and was slightly impacted by a softening of -2%1 in the average spend per shopper, as a result of an overall inflation slowdown.When examining origin markets, the positive momentum in issued Sales in Store growth is solid across most nationalities. GCC shopper Tax Free Spend led the way at +29%1 vs. last year, followed by Mainland Chinese shoppers at +15%1 and US shoppers at +10%1.Regarding destination markets, October showed a solid performance in Spain at +21%1 and Italy a
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- Global Blue Announces Repricing of Term Loan and Revolving Credit Facility [Yahoo! Finance]Yahoo! Finance
- Global Blue Announces Repricing of Term Loan and Revolving Credit FacilityBusiness Wire
- Global Blue Releases the Monthly Tax Free Shopping Business Update for November 2024 [Yahoo! Finance]Yahoo! Finance
- Global Blue Releases the Monthly Tax Free Shopping Business Update for November 2024Business Wire
- I've visited 94 countries. I always follow these 4 money-saving tips when I travel. [Business Insider]Business Insider
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