Today at the annual Altagamma Luxury Observatory Conference in Milan, Global Blue reveals new analysis of Tax Free Shopping’s post-pandemic recovery in Continental Europe, following the summer holiday season.
- At today’s Annual Altagamma Luxury Observatory Conference in Milan, Global Blue will present new data signposting the recovery of Continental Europe’s Tax Free Shopping market
- Over the summer 2021 period, Tax Free Shopping spend across Europe averaged at 38% of 2019’s pre-pandemic levels, with a high of 40% in August
- The recovery was driven by long-mid haul luxury shoppers from the GCC (86% versus summer 2019) as well as those from the US (73%)
- The UK shopper, a valuable nationality newly eligible to Tax Free, delivered a high average spend (€1,500) that was over twice the European average