International Association of Department Stores
Founded in 1928, the IADS is the only expert body specialising in the department store retail format in the world.
What is IADS
The International Association of Department Stores (IADS) is the only expert body specialising globally in the department store retail format. Consisting of leading department store members around the globe, the Association acts as an international network, facilitating exchange and communication between members. It also conducts research to address department stores' current challenges and provide actionable insights for its members.
Together, the IADS members, all key players in their respective markets, create a landscape of various business models and cultures and represent more than €40.5bn cumulated annual turnover, achieved through more than 549 stores with 251,000 associates in 28 countries.
Member News
Chalhoub Group backs Willy Chavarria with strategic investment
Chalhoub Group backs Willy Chavarria with strategic investment
What: Chalhoub Group’s strategic investment in Willy Chavarria marks a new phase in luxury retail, emphasising cultural relevance and global expansion.
Why it is important: The move aligns with the Gulf region’s strategy of digital transformation and omnichannel expansion, reinforcing its position as a luxury market leader.
Chalhoub Group’s minority investment in Willy Chavarria, in partnership with FAE Fashion Ventures, signals a pivotal evolution in luxury retail, where cultural relevance and authentic storytelling are increasingly valued. Chavarria’s menswear, known for its socially conscious narratives and global resonance, benefits from Chalhoub’s operational expertise and FAE’s creative industry background. This collaboration exemplifies the shift from traditional retail and distribution to active brand building, with a focus on measured, sustainable growth rather than rapid expansion. The partnership is designed to leverage Chalhoub’s regional strength and FAE’s early-stage brand development, supporting Chavarria’s ambitions for international presence, including a flagship store in New York and gradual entry into the Middle East. The investment comes amid robust growth in the Gulf luxury market, where digital transformation and omnichannel strategies are driving resilience and innovation. Both investors stress the importance of long-term partnership, operational support, and a deep understanding of the target customer, prioritizing longevity and stability over short-term gains.
IADS Notes: Recent insights from October 2025 highlight the Middle East’s emergence as a global luxury growth engine, with Chalhoub Group’s strategy rooted in local engagement, digital transformation, and omnichannel expansion (RLC Fashion Summit, October 2025; BoF, May 2025; WWD, May 2025). The partnership with Willy Chavarria and FAE Fashion Ventures reflects this approach, combining operational excellence with creative brand building (WWD, October 2025). The Gulf region’s luxury market resilience and focus on innovative retail experiences, as seen in May 2025, provide a blueprint for sustainable international growth and reinforce the region’s leadership in luxury retail (WWD, May 2025).
Chalhoub Group backs Willy Chavarria with strategic investment
Galeries Lafayette’s new affiliate store in the South of France
Galeries Lafayette’s new affiliate store in the South of France
What: Galeries Lafayette’s affiliate (Planet Indigo and Société Limitée) store opens a 3,000 m² store in Nîmes, introducing 150 brands and revitalising the city centre.
Why it is important: The project demonstrates how department stores can revitalise city centres and attract exclusive brands, aligning with recent successful renovations across the network.
The opening of Galeries Lafayette in Nîmes marks a significant milestone in the ongoing transformation of French department stores as catalysts for urban renewal. The 3,000 m² store, featuring 150 brands—some exclusive to the city—embodies a strategic effort to reinvigorate the heart of Nîmes and restore the Coupole’s role as a commercial anchor. This ambitious €9 million project, completed in partnership with local businesses, not only modernises the retail landscape but also improves accessibility and connectivity with historic shopping streets. The store’s design, with its elegant shop-in-shop corners and direct escalator access, is tailored to local consumers while aiming to attract over one million visitors annually. The initiative reflects Galeries Lafayette’s broader investment strategy, which has seen similar successes in other cities, and underscores the importance of balancing heritage preservation with contemporary retail innovation. By drawing exclusive brands and increasing footfall, the Nîmes opening demonstrates the enduring relevance of department stores in shaping vibrant urban environments and supporting local economies.
IADS Notes: The Nîmes opening mirrors the successful renovation of Lyon Bron in October 2024 and the Haussmann flagship’s double-digit growth in July 2025. The strategy emphasises revitalising city centres, attracting exclusive brands, and integrating department stores into broader urban renewal efforts, while also addressing the challenges of network consolidation and evolving consumer expectations
Galeries Lafayette’s new affiliate store in the South of France
John Lewis Partnership receives green light for Reading development
John Lewis Partnership receives green light for Reading development
What: John Lewis Partnership received approval for its Reading mixed-use development, advancing its strategy to diversify assets and modernize its retail footprint.
Why it is important: The Reading approval underscores the sector-wide trend of integrating asset diversification and retail transformation to adapt to changing market demands.
John Lewis Partnership’s approval for the Reading mixed-use development signals a decisive evolution in the company’s approach to property strategy and retail transformation. By securing the green light for this project, John Lewis is not only diversifying its asset base but also responding to the growing need for urban regeneration and the integration of retail with residential and community spaces. The Reading scheme, alongside the recently approved West Ealing development, demonstrates the retailer’s commitment to maximising asset value while navigating the complexities of planning, affordability, and commercial viability. These initiatives are underpinned by a substantial £800 million investment in store renovations and experiential retail, reflecting a renewed focus on core retail excellence and customer experience. Under Peter Ruis’s leadership, John Lewis is blending its heritage with innovation, repositioning itself competitively and redefining the department store’s role in the modern urban landscape. This strategic shift highlights how leading retailers are adapting their property portfolios to remain relevant and resilient in a rapidly changing market.
IADS Notes: John Lewis Partnership’s approval for the Reading development in October 2025 (Retail Week) is part of a broader transformation, with the Reading scheme’s challenges and the West Ealing approval (Drapers, May 2025) illustrating the complexities and opportunities of mixed-use projects. The retailer’s £800 million investment in store renovations (WWD, October 2024) and Peter Ruis’s modernisation strategy (Drapers, February 2025) further underscore the company’s commitment to asset optimisation, urban regeneration, and competitive repositioning in the UK retail sector.
John Lewis Partnership receives green light for Reading development

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Every week, we make a selection of the most relevant news for department store leaders and teams. While the content is reserved to our members, you are welcome to join our community and know what the conversation is all about.
FAQs
• To create an international network between members.
• To provide actionable insights.
• To address member’s questions and concerns on a one-to-one basis.
• To achieve those objectives, the IADS acts at different levels and aims to be operational through:
• Transformative meetings with members.
• Focused market knowledge.
• The promotion of exchange and future orientation.
IADS is a credible department store body operating as a think-tank that has a deep understanding of what industry players are facing today due to its close working relationships to its members and its wide and diverse retail network.
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