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For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
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Global Blue Releases the Monthly Tax Free Shopping Business Update for November 2024

  • New data from Global Blue reveals that the worldwide growth in Tax Free Shopping is positive across Continental Europe and Asia Pacific: Issued Sales in Store like-for-like year-on-year performance reached +21%1 in November 2024.

A sustained performance in Continental Europe for international shopping

In Continental Europe, the issued Sales in Store increased by +16%1 in November 2024 vs. last year, slightly ahead of October growth (+12%1). This growth was led by a +19%1 increase in the number of shoppers and was slightly impacted by a softening of -3%1 in the average spend per shopper, as a result of an overall inflation slowdown.

When examining origin markets, GCC shopper Tax Free Spend led the way at +33%1 vs. last year, followed by US shoppers at +20%1.

Regarding destination markets, November showed a solid performance in Spain and Italy at +20%1, and France at +12%1.

A solid Tax Free Spend performance in Asia Pacific

In Asia Pacific, the issued Sales in Store growth reached +30%1 in November 2024, in line with October 2024 (+29%1), led by a +31%1 increase in the number of shoppers and a -1%1 decrease in the average spend per shopper.

When examining origin markets, the positive momentum in issued Sales in Store growth continued across most nationalities. Mainland Chinese Tax Free Spend led with a +54%1 increase, driven by a +84%1 rise in the number of shoppers. Hong Kong and Taiwan Tax Free Spend experienced a rise of +9%1 vs. last year while North East Asia Tax Free Spend softened by -4%1 vs. last year. Regarding destination markets, November showed a strong performance across destinations, with South Korea at +48%1, Japan at +34%1, and Singapore at +8%1.

Worldwide Year-on-Year Growth Rate (2024 vs. 2023)

Issued SIS L/L

Year-on-Year Growth

Destination market weight in Issued SIS 2023

November

2024

October

2024

September

2024

 CY

Q3 2024

CY

Q2 2024

 CY

Q1 2024

France

19%

+12%

+10%

+7%

+2%

+10%

+11%

Italy

17%

+20%

+15%

+17%

+16%

+22%

+29%

Spain

11%

+20%

+21%

+24%

+24%

+33%

+32%

Germany

6%

+6%

-5%

-3%

+5%

+2%

+6%

Other countries

18%

+16%

+11%

+7%

+10%

+21%

+16%

Total Continental Europe

71%

+16%

+12%

+11%

+11%

+19%

+19%

Japan

18%

+34%

+32%

+23%

+57%

+172%

+137%

Singapore

8%

+8%

+16%

-2%

-3%

-1%

25%

South Korea

2%

+48%

+42%

+45%

+42%

+60%

110%

Total Asia Pacific

28%

+30%

+29%

+19%

+40%

+109%

97%

Total Latin America

1%

+34%

+32%

+19%

+23%

-2%

+9%

Total worldwide

100%

+21%

+17%

+13%

+19%

+41%

40%

Worldwide Recovery Rate (versus 2019)

Issued SIS L/L

recovery

(in % of 2019)

Destination market weight in Issued SIS 2019

November

2024

October

2024

September

2024

CY

Q3 2024

CY

Q2 2024

CY

Q1 2024

France

16%

154%

150%

158%

144%

164%

165%

Italy

17%

147%

144%

155%

146%

156%

123%

Spain

10%

171%

158%

169%

161%

164%

151%

Germany

9%

79%

66%

79%

75%

80%

65%

Other countries

19%

134%

121%

127%

126%

132%

126%

Total Continental Europe

71%

138%

131%

141%

133%

143%

128%

Japan

14%

296%

293%

243%

290%

327%

232%

Singapore

11%

86%

87%

74%

81%

92%

92%

South Korea

3%

173%

163%

163%

162%

158%

125%

Total Asia Pacific

28%

198%

191%

162%

186%

226%

166%

Total Latin America

1%

110%

132%

142%

104%

101%

94%

Total worldwide

100%

155%

146%

146%

145%

165%

140%

APPENDIX

GLOSSARY

- European Non-EU countries include: Shoppers who can reach destination by land transportation or less than a two hour flight. Ex: Swiss, British, Ukraine etc.

- Gulf Cooperation Council countries include: Kuwait, Qatar, Saudi Arabia, United Arab Emirates, Bahrain, Oman

- North East Asia countries includes: Japan, South Korea

- South East Asia countries includes: Indonesia, Thailand, Cambodia, Philippines, Vietnam, Malaysia, Singapore

ABOUT GLOBAL BLUE

Global Blue is the business partner for the shopping journey, providing technology and services to enhance the experience and drive performance.

With over 40 years of expertise, today we connect thousands of retailers, acquirers, and hotels with nearly 80 million consumers across 53 countries, in three industries: Tax Free Shopping, Payments and Post-Purchase solutions.

With over 2,000 employees, Global Blue generated €28bn Sales in Store and €422M revenue in FY 2023/24. Global Blue is listed on the New York Stock Exchange.

For more information, please visit www.globalblue.com

Global Blue Monthly Intelligence Briefing, November 2024, Source: Global Blue

1 Growth rate variation year-on-year (2024 vs. the same period in 2023)

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