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Stock impact report

Global Blue Releases the Monthly Tax Free Shopping Business Update for January 2024 [Yahoo! Finance]

Global Blue Group Holding AG Ordinary Shares (GB) 
Company Research Source: Yahoo! Finance
Globally, issued Sales in Store like-for-like recovery reached 135% in January 2024 compared to the same period in 2019, vs. 127% in Q4 '23. A worldwide sustained recovery, compared to 2019 levels In Continental Europe, the recovery strengthened, reaching 125% in January vs. 118% in Q4 ‘23, fueled by a strong recovery in France (164% ) and Spain (153% ). Regarding origin markets , US shoppers sustained a strong level of recovery, reaching 290% in January vs. 248% in Q4 '23. Similarly, GCC shoppers reached 273% in January vs. 240% in Q4 ‘23. Mainland Chinese shopper recovery continues to accelerate, reaching 80% in January vs. 58% 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% in January vs. 150% in Q4 ‘23, led by Japan (232%). In terms of origin markets , travelers from Hong Kong and Taiwan sustained a high recovery, reaching 426% in January vs. 538% in Q4 ‘23. Following behi Show less Read more
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