On February 9, the overseas shopping tax refund service company, Global Blue, released its tax-free shopping business report for January 2023. The data shows that tax-free shopping recovery momentum in mainland Europe and the Asia-Pacific region continues to strengthen.
Mainland Europe
In mainland Europe, despite the combining of both Eastern Orthodox New Year and Chinese New Year in its monthly statistics, the disclosed comparable sales of stores in January still showed a strong recovery, stabilizing at 106% of the same period in 2019. Consumers from the United States continue to le …