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Stock impact report

Global Blue Releases the Monthly Tax Free Shopping Business Update for April 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 153% in April 2024 compared to the same period in 2019, vs. 140% in Q1 2024. SIGNY, Switzerland, May 07, 2024 BUSINESS WIRE An accelerating worldwide recovery, compared to 2019 levels In Continental Europe, April 2024 recovery is ahead of Q1 ‘24 recovery, reaching 137% in April vs. 128% in Q1 ‘24, driven by a strong recovery in Spain (166% ), France (158% ) and Italy (145% Regarding origin markets , US shopper recovery accelerated, reaching 336% in April vs. 307% in Q1 '24. The shift of the Ramadan period negatively impacted GCC recovery , which stood at 198% in April vs. 277% in Q1 ‘24. In Asia Pacific, the recovery rate reached a record level at 194% in April vs. 166% in Q1 ‘24, fueled by a strong performance in Japan (272% ) and South Korea (144% In terms of origin markets , travelers from Hong Kong and Taiwan continue to lead the recovery, reaching 517% in April vs. 502% in Q1 ‘24. Following behind are North Show less Read more
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