Global Blue Releases the Monthly Tax Free Shopping Business Update for January 2025
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Fresh data from Global Blue reveals that the worldwide growth in Tax Free Shopping is positive across Continental Europe and
Asia Pacific : Issued Sales in Store like-for-like year-on-year performance reached +29% 1 in January 2025.
SIGNY,
In Continental
When examining origin markets, US Tax Free Spend led the way at +
Regarding destination markets, January showed a solid performance in
An Accelerated Tax Free Spend Performance in
In
When examining origin markets, the positive momentum in issued Sales in Store growth continued across most nationalities. Mainland Chinese shopper Tax Free Spend led with a +
Regarding destination markets, January showed a strong performance across destinations, with
Worldwide Year-on-Year Growth Rate (2025 vs. 2024)
Issued SIS L/L Year-on-Year Growth |
Destination market weight in Issued SIS 2024 |
January 2025 |
December 2024 |
CY Q4 2024 |
CY Q3 2024 |
CY Q2 2024 |
CY Q1 2024 |
|
|
+ |
+ |
+ |
+ |
+ |
+ |
|
|
+ |
+ |
+ |
+ |
+ |
+ |
|
|
+ |
+ |
+ |
+ |
+ |
+ |
|
|
+ |
+ |
+ |
+ |
+ |
+ |
Other countries |
|
+ |
+ |
+ |
+ |
+ |
+ |
Total Continental Europe |
|
+ |
+ |
+ |
+ |
+ |
+ |
|
|
+ |
+ |
+ |
+ |
+ |
+ |
|
|
+ |
+ |
+ |
- |
- |
+ |
|
|
+ |
+ |
+ |
+ |
+ |
+ |
Total |
|
+ |
+ |
+ |
+ |
+ |
+ |
Total |
|
+ |
+ |
+ |
+ |
- |
+ |
Total worldwide |
|
+ |
+ |
+ |
+ |
+ |
|
Worldwide Recovery Rate (versus 2019)
Issued SIS L/L
recovery (in % of 2019) |
Destination market weight in Issued SIS 2019 |
January 2025 |
December 2024 |
CY Q4 2024 |
CY Q3 2024 |
CY Q2 2024 |
CY Q1 2024 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other countries |
|
|
|
|
|
|
|
Total Continental Europe |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
|
|
|
|
|
Total |
|
|
|
|
|
|
|
Total worldwide |
|
|
|
|
|
|
|
APPENDIX
GLOSSARY
- European Non-EU countries include: Shoppers who can reach destination by land transportation or less than a two hour flight. Ex: Swiss, British,
- Gulf Cooperation Council countries include:
- North East Asia countries includes:
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ABOUT GLOBAL BLUE
Global Blue is the business partner for the shopping journey, providing technology and services to enhance the experience and drive performance.
With over 40 years of expertise, today we connect thousands of retailers, acquirers, and hotels with nearly 80 million consumers across 53 countries, in three industries: Tax Free Shopping, Payments and Post-Purchase solutions.
With over 2,000 employees, Global Blue generated
For more information, please visit www.globalblue.com
Global Blue Monthly Intelligence Briefing, January 2025, Source: Global Blue
1 Growth rate variation year-on-year (2025 vs. the same period in 2024)
View source version on businesswire.com: https://www.businesswire.com/news/home/20250207266485/en/
MEDIA
Virginie Alem – SVP Marketing & Communications
Mail: valem@globalblue.com
INVESTOR RELATIONS
Frances Gibbons – Head of Investor Relations
Mob: +44 (0)7815 034 212
Mail: fgibbons@globalblue.com
Source: Global Blue