Global Blue Reports Surge in Tax Free Shopping – TipRanks.com

Global Blue Group Holding (GB) has released an update.

Global Blue Group Holding has reported a robust global rebound in Tax Free Shopping, with June 2024 figures showing a 168% recovery compared to 2019 levels, driven by strong growth in Continental Europe and Asia Pacific. The recovery is particularly notable among GCC and US shoppers, with Mainland Chinese consumers also demonstrating significant year-on-year growth. Overall, the positive trend reflects a dynamic recovery in international shopping, highlighting Global Blue’s role in enhancing the shopping experience and driving performance.

For further insights into GB stock, check out TipRanks’ Stock Analysis page.