Le Point explores the global relevance of department stores with IADS insights

Le Point discussed the enduring relevance of department stores as defined by IADS and their ability to adapt to changing consumer needs. IADS' GM, Selvane Mohandas du Ménil, was quoted on how department stores have shifted from selling "everything to everyone" to curating specialised experiences in response to competition from online platforms like Amazon. The article emphasised examples of resilience and innovation within IADS members, including Galeries Lafayette's creative initiatives and Tsum's operations in Ukraine amidst challenging circumstances.