New data from Global Blue shows that the dynamic recovery for Tax Free Shopping is 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 citizens continue to lead this recovery.
In Asia Pacific, the dynamic recovery propelled, reaching 81% in November vs. the same period in 2019. The removal of all sanitary measures in Japan and South Korea in October are driving this development. In Japan, issued Sales in Store is now nearly back to 2019 levels.