82 409
Fashion Jobs
MICHAEL KORS
PT Sales Supervisor, Walt Whitman Shops Huntington Station NY 11746
Permanent · HUNTINGTON
JCREW
Associate Manager
Permanent · CHARLOTTE
RAG & BONE
Account Executive
Permanent · NEW YORK
RAG & BONE
Senior Coordinator, Retail Marketing
Permanent · NEW YORK
MACY'S
Manager, Asset Protection
Permanent · FRIENDSWOOD
MACY'S
Asset Protection Detective, Southlake Mall - Part Time
Permanent · CLAYTON
MACY'S
Asset Protection Detective - Multi-Store, South Shore Plaza - Full Time
Permanent · BRAINTREE
MACY'S
Asset Protection Lead Detective - Multi-Store, South Shore Plaza - Full Time
Permanent · BRAINTREE
MACY'S
Manager, Asset Protection - Multi-Store
Permanent · FAIRVIEW HEIGHTS
STAND OUT FOR GOOD
Brand Rep
Permanent · LEAWOOD
RALPH LAUREN
Associate Manager
Permanent · TEXAS CITY
RALPH LAUREN
Associate Manager
Permanent · LEEDS
RALPH LAUREN
General Manager
Permanent · ALBERTVILLE
RALPH LAUREN
General Manager
Permanent · WOODSTOCK
QVC
Area Manager- Fulfillment Center, Nights
Permanent · SUFFOLK
QURATE RETAIL GROUP
Area Manager- Fulfillment Center, Days
Permanent · FLORENCE
LEE
PT Keyholder, Ellenton, FL
Permanent · ELLENTON
SUPRO CONSULTING
Area Sales Manager - on Roll - Opening
Permanent · SALEM
URBN
Anthropologie Design Director
Permanent · PHILADELPHIA
SACK OFF 5TH
Merchandise Planner, Women’s Core/Trend/pl Shoes
Permanent · NEW YORK
HUGO BOSS
Employee Relations Specialist
Permanent · DALLAS
AMERICAN EAGLE OUTFITTERS
ae - Merchandise Leader (Part-Time) - us
Permanent · EDINBURGH
Published
Feb 4, 2020
Reading time
2 minutes
Download
Download the article
Print
Text size

'Elite' global shoppers spend €35k in UK stores annually says Global Blue

Published
Feb 4, 2020

France is the most popular country for ‘elite shoppers’ to visit with the UK in second place, but these ultra-high-spending consumers are spending more on average in Britain than in its top-ranked neighbour, a new study released on Tuesday has shown.


Selfridges



The world’s wealthiest shoppers are spending an average of €35,000 in UK stores according to tax-free payments facilitator Global Blue, which launched its International Elite Shopper study at the Walpole Luxury Summit in London. 

These shoppers spend an average total of €55,000 during their three international trips a year, said Global Blue, adding that this amount is spent across 12 different transactions. 

Last year, France took a 36% share of elite shopper traffic with the UK on 31% and the study also showed that these wealthy consumers accounted for 24% of all tax-free shopping spend in the UK, versus a global average of 17%.

Despite the current disruption to Chinese shopper activity caused by the coronavirus, overall, Chinese shoppers account for the largest number of elite shoppers globally, at nearly 40%. This is followed by South East Asia on 15% and the Gulf countries close behind on 14%, The US and Russia are next on 6% each.

But those figures aren’t reflected in UK activity where visitors from the Gulf countries make up 30% of the number of elite shoppers, ahead of Greater China, which is in second place on 27%.

In fact, Gulf visitors prefer the UK over all other destinations with 75% planning to visit Britain and to spend two weeks there, compared to an average duration of just three days in France or Italy.

And while they’re heavily focused on buying luxury goods, they prefer to purchase them from department stores above all other locations. Global Blue said 85% of their purchases are made in such stores (good news for Selfridges, Harrods, Harvey Nichols and Liberty). The company described these consumers as ‘Department Store Advocates’ and said that 46% of DSA spend is made on watches and jewellery and 25% on fashion items.

Global Blue’s UK MD Derrick Hardman said that elite shoppers are “an important opportunity for UK stores, especially in the context of today’s retail challenges. Understanding how this audience behaves and what they value in the British shopping experience is key”.

Copyright © 2024 FashionNetwork.com All rights reserved.