UK will lose its top spot in the European duty free market as spend is forecast to fall 70% by 2025, says GlobalData
UK duty free spend is forecast to plummet by 70% between 2019 and 2025 owing to new rules introduced in January 2021 which only enable alcohol and tobacco to be purchased duty free. Germany and France will overtake the UK’s number one position to become Europe’s biggest duty free markets, by 2025. The UK’s share […]
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