Global Blue

Retail Asia27/06/2017

Global Blue has inked a deal to make it easier for Chinese tourists to claim tax refunds on goods they buy in UK and European stores by linking up with major mobile payments specialist EuroPass. And the deal has a major WeChat social media element too. Chinese shoppers now have more options for claiming back the […]

Retail Asia30/11/2016

Tax-free specialist Global Blue has partnered with the Bank of China to launch a VAT refund service to overseas tourists in Shanghai. Travellers in Shanghai are now able to save 9% on their purchases as China has introduced its first tax-free shopping scheme for foreign visitors. The scheme will be among the first of its […]

Retail Asia20/11/2016

Tax free shopping sales in Asia fell -7% year-on-year in September, compared to declines of -13% in August, according to Global Blue. The number of transactions dropped -3%, while average spend was also down -4% over the same period. Global Blue said Singapore, Japan and South Korea all saw declining tax free sales for the […]

Retail Asia27/10/2016

Penang will gain its first premium outlet mall, Design Village, next month. In Batu Kawan in mainland Penang, it will be the biggest outlet mall in Malaysia. It was developed by PE Land, which owns and runs The Spring shopping mall in Kuching. The outlet mall is on a mixed-use site that will include a […]

Retail Asia29/09/2016

August shopping data from tax refund specialist, Global Blue, indicates a downward trend in tax-free in-store sales of -13% (year-on-year) – the worst decline since the start of the year and a big fall compared with July’s 0% change. While transactions rose significantly in August by +25%, the decline of average spend at -30% […]

Retail Asia09/10/2015

As Chinese tourists head across the globe for Golden Week this week, luxury retailers are worried that an ailing stock market and devalued yuan will lead to muted growth compared to holiday seasons of the past. But according to newly released figures, long-term growth prospects remain strong for Chinese travelers, who are expected to double […]

Tag: Global Blue

Global Blue links with EuroPass,WeChat to boost Chinese tourist spend in Europe

Global Blue collaborates on Chinese VAT refund scheme

Tax free shopping spend drops in Asia and Europe

Penang outlet mall Design Village about to launch

Are low spending Chinese shoppers a new normal?

Despite Slowdown, China’s Outbound Tourists Reach 242 Million