On April 6th, Global Blue, an overseas shopping tax refund service company, released its tax-free shopping briefing for March 2023. The latest data shows that the recovery momentum of tax-free shopping in mainland Europe and the Asia-Pacific region continues to strengthen.
Global comparable store sales showed an accelerated recovery rate of 110% year-on-year in March, compared to 90% in February and 102% in January. This is mainly due to the gradual return of Chinese mainland consumers, while the same-store sales levels in the United States and Gulf Cooperation Council countries (incl …
