Paul Smith says ‘tourist tax’ has dented his UK store sales
Sir Paul Smith is the latest big name to weigh in on the issue of tax-free shopping for tourists in the UK with the designer saying the axing of the …
Global Blue
Post-Brexit, thousands of shoppers swapped London for Paris, Milan and Madrid for ‘tourist tax’
The 34,000 tourists who have shifted their tax-free shopping from Britain have also ramped up their spending from an average of €2,900 (US$3,622) per person in 2019 to €3,800 in …
Paris and Milan dream of the return of Chinese tourists
By Bloomberg Published Dec 22, 2023 2024 is the Year of the Dragon, but it may not be so lucky for luxury brands. Even though Chinese consumers can now travel to …
the decline of multibrand e-tailers
Translated by Nicola Mira Published Nov 20, 2023 Physical stores have never been as buoyant as now. After the end of the pandemic, luxury consumers have eagerly embraced in-person shopping …
Post-purchase specialist Shipup launches in UK, names new CEO
Post-purchase business Shipup has launched in the UK following its acquisition by Global Blue. And along with its arrival in the country, the company has named Agop Ashjan its new …