Global Blue Group Holding Ag (GB) has released an update.
Global Blue Group Holding AG reports a strong global recovery in Tax Free Shopping, with March 2024 sales surpassing 2019 levels by 145%. Continental Europe leads the recovery, especially in France, Spain, and Italy, while Asia Pacific regions show record growth, driven by Japan and South Korea. Year-on-year, Tax Free Shopping sales in March 2024 saw a worldwide increase of 33%, with Mainland Chinese shoppers contributing significantly to the growth.
For further insights into GB stock, check out TipRanks’ Stock Analysis page.
