Global Blue Releases the Monthly Tax Free Shopping Business Update for March 2024
Global Blue Group Holding AG Ordinary Shares (GB)
Company Research
Source: Business Wire
Fresh data from Global Blue reveals that the global dynamic recovery for Tax Free Shopping remains strong across Continental Europe and continues to accelerate across Asia Pacific.Globally, issued Sales in Store like-for-like recovery reached 145%1 in March 2024 compared to the same period in 2019, vs. 138%1 in January/February 2024. SIGNY, Switzerland--(BUSINESS WIRE)--A steady worldwide recovery, compared to 2019 levelsIn Continental Europe, March 2024 recovery is slightly ahead of January/February 2024 recovery, reaching 130%1 in March vs. 128%1 in January/February, driven by a strong recovery in France (160%1), Spain (152%1) and Italy (135%1).Regarding origin markets, US shopper recovery accelerated, reaching 313%1 in March vs. 301%1 in January/February. GCC shopper recovery was negatively impacted by the shift of the beginning of Ramadan2, reaching 184%1 in March vs. 329%1 in January/February.In Asia Pacific, the recovery rate reached a record level at 181%1 in March vs. 159%1
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News
- Global Blue Releases the Monthly Tax Free Shopping Business Update for March 2024 [Yahoo! Finance]Yahoo! Finance
- 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
- Global Blue Releases the Monthly Tax Free Shopping Business Update for February 2024Business Wire
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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