Latest tax-free insights from Global Blue
In the first in a series of insights from our strategic partner Global Blue – the leading tax -free shopping specialists – we reveal their latest Tax Free Index and statistics on international shoppers to the UK.
Global Blue‘s figures show that in August, tax-free sales from international visitors in London were down -16% year-on-year. Chinese visitors remained London’s biggest tax-free spenders, accounting for 33% of all tax free sales in August with a significant average spend of £1,499 per transaction. Despite being the capital’s largest spenders, tax-free sales from Chinese visitors was down -13% year-on-year in August. The second highest spending groups were visitors from Saudi Arabia and Qatar, both representing 7% of all tax-free sales in London, followed by visitors from UAE and Kuwait representing 6% of sales. In August, visitors from United States represented 5% of tax-free sales. Qatar and the United States were the only nationalities to see growth in tax-free sales in the month of August, growing by +8% and +7% year-on-year respectively.
More information can be found here: Monthly Index Report – August 2018.
Please click below for full data:
Bond Street Aug 2018 vs Aug 2017
Bond Street Jan-Aug 2018 vs Jan-Aug 2017
London Aug 2018 vs Aug 2017 (External)
London Jan-Aug 2018 vs Jan-Aug 2017 (External)
London Luxury Quarter with Bond Street Aug 2018 vs. Aug 2017
Oxford Street Aug 2018 vs Aug 2017
Oxford Street Jan-Aug 2018 vs Jan-Aug 2017
Regent Street Aug 2018 vs Aug 2017
Regent Street Jan-Aug 2018 vs Jan-Aug 2017
Sloane Street Aug 2018 vs Aug 2017
Sloane Street Jan-Aug 2018 vs Jan-Aug 2017
UK Aug 2018 vs Aug 2017 (External) West End Jan-Aug 2018 vs Jan-Aug 2017 (External)
Westend Aug 2018 vs Jul 2018 & Aug 2017 (External)
Image above taken from the launch of the new Global Blue Lounge earlier this week.