Global Blue Group Holding Ag (GB) has released an update.
Global Blue Group Holding AG reports a robust recovery in Tax Free Shopping, with April 2024 sales surpassing 2019 levels by 153%, marking significant growth in regions such as Continental Europe and Asia Pacific. The data indicates a particularly strong recovery among US shoppers and a record performance in Japan and South Korea, although the Ramadan period slightly affected the Gulf Cooperation Council (GCC) market. Year-on-year performance also showed impressive growth, with a 46% increase in worldwide issued Sales in Store compared to the previous year.
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