Increase number of transactions yet average spend decline for Spain in 2018.
Chinese national consumption slowdown witnessed in 2018 persists into 2019 and during Chinese New Year 2019, a most important season for retailers.
Global Blue takes a closer look at the British islands’ Tax Free Shopping performance for 2018 and shows that, amidst Brexit uncertainties, the retail industry still holds on to 3 defining characteristics to ensure a solid Tax Free Shopping performance in the years ahead.
In 2018, France is the only European country to register both positive TFS growth and increase of average spend per globe shopper.
Who are the movers and shakers of the Tax Free Spend (TFS) industry in 2018? Where did they go?
Inter-regional travel is boosting Tax Free Shopping performance.
To counterbalance weak domestic consumer consumption, more than ever, Japan relies on inbound tourism to boost its economy. In this context, the Japanese government is taking an active role by implementing tourism-friendly measures, with major benefits to the retail and the overall TFS industries.
Asia Pacific is continuing to act as a global growth engine for the Tax Free Shopping (TFS) Industry. Greg Gelhaus, Global Blue’s Head of Asia Pacific, provides an update on this year’s TFS performance and some of the key trends which defined the last 12 months across the Asia Pacific Region.