The Chic Outlet Shopping Villages, operated by
Value Retail, achieved a substantial 54% increase in tax refunded
sales across all nine European outlets in Q3 2011 when compared to
the same period in 2010, with Hong Kong visitors featuring among
the top five international purchasers.
Outstanding sales during Q3 2011 sent tax
refunded sales up by 49% since Q2 2011 and soaring by 57% across
the first three quarters of 2011 compared to the same period last
year.
China held its position as the number one
ranking visiting nationality in Q3 2011, followed by the Middle
East, Russia and South East Asia.
Hong Kong rounded out the top
five, with an astounding 63% increase in tax refunded sales during
the first three quarters of 2011 compared to the same period in
2010.
Hong Kong visitors continued to demonstrate their affection
for luxury shopping by bringing the average spend for the first
three quarters of 2011 to €307 for each refunded transaction,
surpassing the average global customer spend of €275 for each
refunded transaction in Q3 2011.
Non-EU residents can enjoy an additional 15% in
tax-free savings at Chic Outlet Shopping Villages, bringing alluring benefits to Hong Kong and
China consumers that are reflected in their continued patronage of
one of Europe’s most eminent retail landmarks.
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