Global Data news and archive

International shoppers drive luxury goods spend in London

As Christmas fast approaches and the season's gift-shopping period begins to warm up, it appears international visitors are still splashing out on luxury brands in the UK capital despite a slight drop in overall retail spend. According to the latest insight report by Global Blue, international visitor (non EU) spend on Bond street has risen by 4...

Retail |REPORT Featured

How innovation continues to shape the future of retail

London - The retail sector is no stranger to innovation, thanks to the rise of technology. The first self-service supermarket opened in Britain back in 1947, revolutionizing how customers shop for good. The debut of the barcode in 1979 changed the retail landscape, paving the way for even bigger, more diversified, logistical operations. However,...