On 12 December, latest data from Global Blue revealed that in November this year, the dynamic recovery for Tax Free Shopping keeps accelerating across Asia Pacific, while remaining solidly anchored at 2019 levels in Continental Europe.
In Continental Europe, issued Sales in Store like-for-like has a continued recovery of 102%* in November vs. the same period in 2019. US nationals and Gulf Corporation Council (including Kuwait, Qatar, Saudi Arabia, United Arab Emirates, Bahrain, Oman) citizens continue to lead this recovery.
*Recovery rate is equal to 2022 Issued Sales in Store divided …