Global Blue Releases the Monthly Tax Free Shopping Business Update for January 2024
Global Blue Group Holding AG Ordinary Shares (GB)
Company Research
Source: Business Wire
SIGNY, Switzerland--(BUSINESS WIRE)--Fresh data from Global Blue (NYSE:GB) reveals that the global dynamic recovery for Tax Free Shopping has accelerated across Continental Europe and Asia Pacific.Globally, issued Sales in Store like-for-like recovery reached 135%1 in January 2024 compared to the same period in 2019, vs. 127% in Q4 ’23.A worldwide sustained recovery, compared to 2019 levelsIn Continental Europe, the recovery strengthened, reaching 125%1 in January vs. 118% in Q4 ‘23, fueled by a strong recovery in France (164%1) and Spain (153%1). Regarding origin markets, US shoppers sustained a strong level of recovery, reaching 290%1 in January vs. 248%1 in Q4 ’23. Similarly, GCC shoppers reached 273%1 in January vs. 240%1 in Q4 ‘23. Mainland Chinese shopper recovery continues to accelerate, reaching 80%1 in January vs. 58%1 in Q4 ’23, thanks to increased flight connections and higher visa issuance capacity.In Asia Pacific, the recovery rate reached a record level at 161%1 in J
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News
- Global Blue Releases the Monthly Tax Free Shopping Business Update for March 2024 [Yahoo! Finance]Yahoo! Finance
- Global Blue Releases the Monthly Tax Free Shopping Business Update for March 2024Business Wire
- Reintroducing Global Blue to Retailers and Shoppers Worldwide [Yahoo! Finance]Yahoo! Finance
- Reintroducing Global Blue to Retailers and Shoppers WorldwideBusiness Wire
- Global Blue Releases the Monthly Tax Free Shopping Business Update for February 2024 [Yahoo! Finance]Yahoo! Finance
GB
Sec Filings
- 4/29/24 - Form 6-K
- 4/11/24 - Form 6-K
- 4/1/24 - Form 144
- GB's page on the SEC website