Home / Knowledge / News / Apparel/Garments / Thai tourist spending matches Chinese in UK
Thai tourist spending matches Chinese in UK
19
Dec '13
Global Blue, the international retail tourism experts, report that total international tax free spend has surged up 21% to date this year with globe shoppers from South East Asian driving the growth. Thai spend in particular is up a massive 48% YTD.

Chinese globe shoppers are still the number one tourist market in terms of sales for the UK however this year Global Blue have seen Thai globe shoppers increase their average transaction value by 19% to reach £742 which now matches that of the Chinese. The figures give evidence that the UK this year has not felt the effects of the reported downturn in spend by Chinese globe shoppers on luxury goods, as spend has rocketed 33% this year.

Gordon Clark, UK Country Manager of Global Blue, comments:  “Though China still represents a fifth of all tax free spend across the UK, the desire for luxury goods is rippling to other Asian nations like Thailand, Malaysia, Singapore and Indonesia. It is now more important than ever for luxury brands to tailor their service to their ever discerning international customer base from flagships on Oxford Street through to luxury boutiques in Edinburgh.”

According to Global Blue, the UK is the third most popular tax free shopping destination this year. The festive season is an important time in the UK retail calendar and whilst not all globe shoppers celebrate Christmas, luxury accessories and fashion still top the wish list and Boxing Day sales are increasingly popular. Retailers across the UK have been working up to this period, pulling out all the stops to draw in these high net worth individuals.

Global Blue have seen a rise in demand for brands to introduce tax free shopping, pre-travel marketing, and cultural training particularly as well as investing in multi-lingual shop assistants and the most unique items money can buy to entice globe shoppers.

Kevin Boltman, Managing Director for Montblanc UK comments: “All Montblanc boutiques have at least one foreign-speaking staff to assist tourist shoppers and accept China Union Pay, China's only domestic debit card and credit card.

"The Chinese are the top-spending international visitors with the highest average spend upon a store visit, according to Global Blue tax refund data analysis, favouring jewellery and watches. We have seen a growing influx of high-spending foreign tourists throughout the year, but the holiday season generally sees an uplift as it coincides with the start of the Chinese New Year.”

A key incentive for international shoppers is the ‘new’, ‘exclusive’ and ‘spectacular’. Many luxury retailers specially order never-before-seen product and now offer bespoke services particularly for these customers around key holiday periods.

Mark Henderson, Chairman of the London Luxury Quarter comments:  “International shoppers are hugely important and we aim to accommodate their needs in every aspect possible.  Over half of stores in LLQ have mandarin speaking staff and 90% of stores offer the option for private shopping after store opening hours.


Must ReadView All

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

German investors keen to invest in Pakistan: top official

Textiles | On 26th Apr 2018

German investors keen to invest in Pakistan: top official

A German traders delegation will soon visit Pakistan to explore...

Courtesy: Uster

Textiles | On 26th Apr 2018

Uster Technologies acquires Elbit Vision Systems

Uster Technologies has announced the successful closure of the...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search