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Global Blue's Tax-Free Shopping Growth
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Overview
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Global Blue, a leader in tax-free shopping, reports significant growth in its monthly business update for September 2023, with a global dynamic recovery across Continental Europe and Asia Pacific. The company anticipates achieving adjusted EBITDA in excess of 200m based on the annualization of Q1 FY23/24 results. However, Silver Lake, its private equity firm owner, is considering selling the company.
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How does Global Blue's focus on data, speaker notes, and shopper experience and engagement contribute to its success?
How might the potential sale of Global Blue by Silver Lake impact the tax-free shopping industry?
What factors contribute to the strong growth in tax-free shopping reported by Global Blue?
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