Global Blue Sees Growth in Tax Free Shopping

Global Blue Group Holding (GB) has released an update.

Global Blue Group Holding’s latest update shows a positive trend in Tax Free Shopping across Continental Europe and Asia Pacific, with a significant year-on-year growth of 17% in October 2024. This growth is driven by an increase in the number of shoppers, particularly from the Gulf Cooperation Council, Mainland China, and the US, despite a slight reduction in the average spend per shopper. Key destination markets like Spain, Italy, and South Korea have shown remarkable performance, highlighting a robust recovery in international shopping.

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