IADS Exclusive Insights

Every week, the IADS releases its research article to the general public via Substack.
Category

IADS Exclusive: The IADS Global Department Store Monitor: trends and transformations (2019 - 2022)

Mary Jane Shea
February 14, 2024
Open Modal

IADS Exclusive: The IADS Global Department Store Monitor: trends and transformations (2019 - 2022)

Mary Jane Shea
|
February 14, 2024

In May 2021, Dr. Christopher Knee launched the "IADS 100 Report", a first-of-its-kind report gathering the financial data and figures of 100 department stores around the world. This global observatory was created in a time of turmoil to create a benchmark for global department store players.


Since the release of the first report in 2021, it has been proven to be a difficult task to find relevant and comparable data for 100 or more consistent department stores as many companies change hands in ownership, decide to go private, or don't break out results by business unit. To clarify the definition of this report, we have decided to rename it to "The IADS Global Department Store Monitor" to reflect that we are consistently reviewing the landscape and updating it with any important and relevant information.


Another area of important clarification is around what results are being captured in the report. Fiscal years do not always line up with some companies finishing their year with the calendar year and others ending their fiscal year in June or July. The 2022 fiscal results for this monitor have been considered as any annual report that closes from the end of December 2022 to those that end in June 2023. To compare yearly results, this pattern has been followed for all previous year's results as well. This baseline allows a level of consistency in the events that have occurred in the years covered to be able to draw conclusions.


The entire reason the IADS 100, now the IADS Global Department Store Monitor, was launched was to address the various amounts of disruptions that followed the Covid-19 pandemic and after, as it seems that disruption is now a norm in the retail business. Even now at the beginning of 2024, the baseline of annual results is still being compared to 2019 figures.


What does this say about the state of recovery? We are not out of the woods yet.


This report will attempt to detail some of the major changes across global retail markets and understand what a new turbulent normal could promise. Note: To make comparisons year over year, all exchange rates to Euros come from March 22, 2021, which was the date chosen during the initial IADS 100 release.


Access the IADS Global Department Store Monitor datasheet here.


IADS Exclusive: The IADS Global Department Store Monitor: trends and transformations (2019 - 2022)


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: 2023 IADS Academy

Christine Montard
February 7, 2024
Open Modal

IADS Exclusive: 2023 IADS Academy

Christine Montard
|
February 7, 2024

The IADS Academy programme, a 28-year-old tailor-made mentoring workshop open only to our members' high potentials, promotes cooperation and future orientation. Over the years, the IADS Academy has trained 180+ executives from 28 companies in 21 countries, some of whom reached top positions in member and non-member companies (for IADS member companies alone, 4 CEOs). The following is an attempt to report all insights the Academy group considered and worked on during the journey to their final presentation shown to the IADS member CEOs.


IADS Exclusive: 2023 IADS Academy


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: Is retail media an opportunity, or a lifeline for department stores?

Selvane Mohandas du Ménil
January 31, 2024
Open Modal

IADS Exclusive: Is retail media an opportunity, or a lifeline for department stores?

Selvane Mohandas du Ménil
|
January 31, 2024

Since its inception in 1928, the IADS' purpose has been to coordinate information between department stores worldwide and research their activities to help them address the many challenges they must face. This translates into many responsibilities carried out by the IADS, all solely intended to provide insights to its members and help them have a broader understanding of the shifting business environment.


Every year since 2020, the IADS has produced a White Paper on a specific topic perceived as important for its members. In 2020 the purpose was to collect the learnings from the management of the pandemic and how to make sure department stores would be prepared for the next crisis. The 2021 White Paper was dedicated to digital transformation and its impact on the organization. In 2022 it was all about the development of sustainability, CSR and ESG in retail businesses. And the 2023 edition is dedicated to the hot topic of retail media.


Why is it so hot? Just for a start, this subject has generated a considerable amount of buzz, conferences and articles over the past three years (as suggested by the lengthy number of sources that the IADS quoted in its White Paper). Also, it was interesting to see that the 2022 edition of the NRF Big Show was all about retail media on stage, but with very few suppliers at the fair, which was the contrary in 2023, with a significant number of suppliers proposing new solutions to deploy retail media.


The other reason why the White Paper this year was dedicated to this technical topic is because we believe at the IADS that retail media could be a profitable route for department stores willing to maximize the value of their real estate. While retail media has expanded thanks to the digitalization of the world, we believe that the amount of in-store interfaces with the customer, coupled with tracking and measurement capabilities in close-loops that are now allowed with the state of technology, could transform department stores into very efficient media companies, maximizing the value of the number of eyeballs visiting not only their e-commerce websites but also their flagship stores. This vision was also confirmed in 2023 during an IADS CEO meeting, during which the Publicis COO suggested that this was starting to happen in a select number of retailers.


The 2023 edition of the White Paper aims to identify where the retail media market stands, spell out the opportunities (and potential traps) for department stores, as well as suggest a few routes of reflection for department store leaders to prepare their organizations for such a shift. Finally, since retail media is seen as a way to generate incremental, high-margin, revenue, we also explore this school of thought and try to understand the cost of such new revenue, not only in financial terms but also in terms of people, organizations and needed adaptations.


IADS Exclusive: Is retail media an opportunity, or a lifeline for department stores?


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: NRF Event 2024: what's new?

Selvane Mohandas du Ménil
January 24, 2024
Open Modal

IADS Exclusive: NRF Event 2024: what's new?

Selvane Mohandas du Ménil
|
January 24, 2024

The 2024 edition of the NRF Big Show took place on 14 – 17 January. The four-day event was fully back on track, with more than 40,000 attendees and several exhibitors surpassing last year's attendance (1,100), which was already a record. Overall, the event felt overwhelming, not so much due to the number of exhibitors and the energy in the fair section, but through the lines at the entrances of the conference rooms, which were often crowded and had to turn down people. Excitement was palpable, and the international crowd, as well as brands (and not only vendors), were back. The message was that the event was back to its pre-pandemic heights.


IADS Exclusive: NRF Event 2024: what's new?


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: Is Battersea Power Station just another shopping centre?

Christine Montard
January 17, 2024
Open Modal

IADS Exclusive: Is Battersea Power Station just another shopping centre?

Christine Montard
|
January 17, 2024

Every Baby Boomer knows the building thanks to the internationally famous cover of the Pink Floyd album, Animals. However, there are now high chances that every Gen Z and Gen Alpha also discover this iconic location, but for entirely different reasons.


Built between the '30s and '50s, Battersea Power Station, located in South West London, once supplied a fifth of London's electricity. It was decommissioned in 1983 and remained dormant for years. Finally, in 2012, the building was sold for £1.9 billion. A £5 billion investment arrived from Malaysia to start redevelopment plans (it is said to have reached £9 billion in the end). The list of investors included PNB (one of the largest banks in India), Sime Darby Property, SP Setia (both Malaysian real estate companies), and Malaysia's Employees' Provident Fund.


As is often the case in such commercial development, investors had to contribute to more than the mall itself and had to fund a part of the subway station, the residential scheme surrounding the shopping centre and the 'Electric Boulevard' construction (one of the nearby streets). Redevelopment officially began in 2014 to open on 14 October 2022 with half of the commercial units having tenants (Covid delayed the opening from 2020 to 2022).


Following the 2023 IADS General Assembly held in London in November 2023, the IADS team had a chance to visit the premises. Now that the mixed-use project is almost completed and all units have tenants, is Battersea Power Station just another shopping centre or is there more to it? Most importantly, is it viable in the long term? What can department stores learn from this one-of-a-kind venture?


IADS Exclusive: Is Battersea Power Station just another shopping centre?


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: Department Stores Christmas Windows 2023

Christine Montard
December 7, 2023
Open Modal

IADS Exclusive: Department Stores Christmas Windows 2023

Christine Montard
|
December 7, 2023

IADS consolidated 2023 holiday window displays from around the world in the latest Christmas window report. Have a look at how IADS members and other department stores are capturing the holiday spirit through their artistic and inspiring interpretations.


DEPARTMENT STORES WINDOWS, IN-STORE INSTALLATIONS, VISUALS & SOCIAL MEDIA SPOTS


IADS Exclusive: Department Stores Christmas Windows 2023


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: Ounass.com, a case of internal disruption

IADS
November 27, 2023
Open Modal

IADS Exclusive: Ounass.com, a case of internal disruption

IADS
|
November 27, 2023

Disruption has been a very fashionable word in the past years as a general way to call for transformation in many markets where digitalization has changed the rules of engagement. Retail has not been spared of course by the rise of e-commerce, and for the past decade, retail CEOs have scratched their heads on how to adapt their analogue and legacy organisations to the new world. Going beyond the fact that everybody in the industry acknowledges that changes are needed, how can these be carried out effectively?


Back in September 2020, Dr Christopher Knee tackled the topic in his article "Responding to Disruption." In that article, he was reviewing Geoffrey Moore's 2015 theory (explained in his book Zone to Win) that, to innovate, companies should create dedicated spaces with specific teams, in charge of leading changes. Of course, this raises many questions in terms of how to maintain a common culture, purpose and sense of equality in century-old organisations where the sense of belonging is key. In his article, Dr Knee reviewed many real-world business cases, from Rinascente to Galeries Lafayette or SKP, Neighborhood Goods and Showfields.


A recent trip to Dubai to attend a series of conferences was the opportunity for the IADS to listen to another interesting business case, from Al Tayer, on how they created their online activity from scratch back in 2016. It is remarkable for two reasons: the first one is that Al Tayer usually keeps its business initiatives private, but the second one is because the way they carried the changes within the company can be seen as a real-life application of what Dr Knee explored back in 2020.


IADS Exclusive: Ounass.com, a case of internal disruption


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclsuives here.*



Category

IADS Exclusive: Department stores Fall-Winter windows 2023

Christine Montard
November 20, 2023
Open Modal

IADS Exclusive: Department stores Fall-Winter windows 2023

Christine Montard
|
November 20, 2023

IADS consolidated 2023 Fall-Winter window displays from around the world in the latest Fall-Winter window report. Have a look at how IADS members and other department stores are capturing the upcoming new seasons through their artistic and inspiring interpretations.


DEPARTMENT STORES WINDOWS, IN-STORE INSTALLATIONS, VISUALS & SOCIAL MEDIA SPOTS


IADS Exclusive: Department stores Fall-Winter windows 2023


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: Panama, a call for differentiation

IADS
November 13, 2023
Open Modal

IADS Exclusive: Panama, a call for differentiation

IADS
|
November 13, 2023

*Following the IADS CEO meeting in Mexico City last May, the IADS had the opportunity to travel to Panama to discover the Felix B. Maduro and Steven's department store chains. The purpose was also to meet with the Felix B. Maduro leading team.


Small in size, but with a disproportionate GDP, Panama is an interesting country, standing both as a transit point between North and South America and as an entry gate (the country is dubbed "the Hub of the Americas). While the Canal is a significant driver of the country's economy, annually racking in $2bn and contributing 3% to the country's GDP, it contributed to the development of a very dynamic service sector now representing 80% of the country's economy.


Thanks to the service sector in a well-connected country, Panama was able to grow its GDP four times the regional average prior to the Covid-19 pandemic, at an average of +4.7% p.a., and in 2023 should grow +5.7%. As such, the combination of such dynamism with the fact of being a hub allows the country to attract regional and international money, which in turn favors retail.


We review our market visit below to understand how local department store companies have adapted to such conditions.*


IADS Exclusive: Panama, a call for differentiation


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclsuives here.*



Category

IADS Exclusive: Brand Roundup: Men's Fashion 2023

IADS
November 6, 2023
Open Modal

IADS Exclusive: Brand Roundup: Men's Fashion 2023

IADS
|
November 6, 2023

IADS recently held a meeting on Men's fashion brands to look out for in 2023. Based on market research, IADS and NellyRodi presented a curated selection of 16 brands that are trending right now. Check out our selection of these brands!


IADS Exclusive: Brand Roundup: Cosmetics, Beauty & Wellness 2023


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclsuives here.*



Category

IADS Exclusive - Siman, ready for expansion

Selvane Mohandas du Ménil
October 30, 2023
Open Modal

IADS Exclusive - Siman, ready for expansion

Selvane Mohandas du Ménil
|
October 30, 2023

Following the IADS CEO meeting in Mexico City last May, where IADS members were able to visit the latest developments in El Palacio de Hierro's flagships, the IADS had the opportunity to travel to Salvador to discover the Almacenes Siman stores. The purpose was to discover the market, know more about the company and meet with the leading team.


Siman is a 102-year-old company, operating in 4 countries with 15 stores, in addition to an e-commerce channel. It is almost fully covering the Chortis Block, the continental fragment where Honduras, Nicaragua, El Salvador and Guatemala are located (even though the company does not operate in Honduras but in Costa Rica instead).


Through an astute mix of clever business steering, opportunistic alliances and smart investments, the company managed to become the largest department store company in Central America throughout its history. As Siman is currently involved in a strategic business transformation in order to address the 21st-century challenges in the best position possible, the timing was perfect to discover this company which has become with time a driving force in the region and intends to stay the same in the coming years.


We review our store visit below to better understand this retail giant which is quietly growing on highly dynamic albeit not on the world map markets.


IADS Exclusive - Siman, ready for expansion


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: Private Labels' noteworthy initiatives to improve profitability

Christine Montard
October 23, 2023
Open Modal

IADS Exclusive: Private Labels' noteworthy initiatives to improve profitability

Christine Montard
|
October 23, 2023

*Improving Private Labels' profitability is crucial to the department store business and is a top-of-mind priority for CEOs (this is why the 2022 Academy worked on this topic). Two major strong trends can be seen here:


-    Organisations (including the supply chain) have been reviewed and changed to be more cost-efficient as well as more agile.

-    Secondly, whether they are under an umbrella brand or not, Private Label portfolios have been reshuffled, which often resulted in the discontinuation of some brands to maintain margins, but also in opportunistic ventures.


Besides these 2 major sources of optimization, new questions are emerging lately. Improving branding and awareness is key to developing the business. The pricing strategy offers 2 different directions: the lower-price path, or a possible premiumization of Private Labels which is increasingly considered to grow margins. In addition, department stores and retailers sit on a data treasure as they know who's buying what, where and how. With the emergence of the retail media business, it seems data could be leveraged to improve Private Labels' efficiency and relevancy. However, some questions remain, and the Private Label digital strategy and the communication on CSR efforts are among the most important ones.*


IADS Exclusive: Private Labels' noteworthy initiatives to improve profitability


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: Chile, the land of omnichannel

Selvane Mohandas du Ménil
October 16, 2023
Open Modal

IADS Exclusive: Chile, the land of omnichannel

Selvane Mohandas du Ménil
|
October 16, 2023

Following the IADS CEO meeting in Mexico City last May, the IADS had the opportunity to travel to Chile to visit Paris Department Stores' and Falabella's flagships, located respectively in the Alto Las Condes center and in the Parque Arauco mall.


Chile is considered one of South America's most prosperous nations, in terms of competitiveness and income per capita. Before the pandemic, with consistent GDP growth of around 3% to 4% annually, the country enjoyed economic diversification across sectors like mining, agriculture, manufacturing, services and tourism. The nation's stable institutions, market-oriented policies, extensive trade agreements, and high global competitiveness rankings attracted foreign investment.


The COVID-19 pandemic had a profound impact on Chile, affecting various aspects of society, the economy, and public health. The country witnessed a significant number of confirmed cases and fatalities, placing immense strain on the healthcare system. To curb the spread of the virus, strict measures such as lockdowns, travel restrictions, and social distancing were implemented. Being one of the leading countries in terms of vaccinating its population as early as December 2020, combined with the massive adoption of digital technologies and telecommuting, Chile was able to weather the crisis earlier than other countries, and this showed in Falabella's numbers, then a member of IADS. While GDP shrank by -5.8% in 2020, it grew +23% in 2021, exceeding the previous record of 2018. While normalization took place in 2022, this led to an extraordinary expansion for retailers, both in nominal and in terms of e-commerce growth, a channel already well implemented in the country.


Falabella opened in great fanfare its newest flagship store in November 2021 (our report here) and it was hailed as a perfect integration of omnichannel practices into a physical store. The IADS took the opportunity of a visit to the region to go and review the store, and to compare it with its competitor's neighbouring flagship store, Paris.


IADS Exclusive: Chile, the land of omnichannel


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: Despite proven ROI, the RFID technology is still being questioned

Christine Montard
October 9, 2023
Open Modal

IADS Exclusive: Despite proven ROI, the RFID technology is still being questioned

Christine Montard
|
October 9, 2023

*In recent years, inventory tracking has become increasingly sophisticated and popular. In that regard, RFID (radio frequency identification) is being used to provide real-time location tracking of inventory items. In 2021, a study conducted by Accenture revealed that the use of RFID in North American retail was booming with 93% of store chains saying that they are using RFID, especially as e-commerce grew so quickly with Covid. In addition, RFID can be coupled with endless other technologies, such as the Internet of Things (physical devices embedded with technology and connected), to offer customers more unique experiences.


Also according to Accenture, information captured from RFID technology can be used in collaboration with blockchain, supply chain analytics, self-checkout, supporting omnichannel fulfilment, reducing stockouts and improving customer engagement.


In addition to more efficient inventory management, RFID can help reduce supply chain waste and help businesses to grow more sustainably at a time when consumers are increasingly asking retailers for more responsible operations.


So, what's not to love about RFID? It happens that successful case studies are plenty, but as discussed during the IADS Supply Chain Meeting held in June 2023, there is no consensus about RFID among IADS members. Let's understand why.*


IADS Exclusive: Despite proven ROI, the RFID technology is still being questioned


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: The secret sauce to El Palacio de Hierro's excellence

Christine Montard
October 2, 2023
Open Modal

IADS Exclusive: The secret sauce to El Palacio de Hierro's excellence

Christine Montard
|
October 2, 2023

The Mexican member of the IADS, El Palacio de Hierro, is one of the largest in the world by turnover. Founded in 1891 with a store in the centre of Mexico City, the company was the first Public Limited Company in the country's retail industry. El Palacio de Hierro, owned by Grupo Bal, is also the owner of shopping centres in the country.


Lately, the introduction of experiences to generate traffic and answer customers' expectations has been key to El Palacio de Hierro's strategy. Whether it is Polanco, Perisur or their new Coyoacan store, each of them offers something unique, from architectural features (such as Coyoacan's huge 1,270 square-meter glass dome on the top floor) to product offerings and unprecedented and tailor-made services. Celebrating Mexican history, culture, and art, each store reflects the group's strategy of offering different designs inspired from their direct environment.


The IADS travelled to Mexico for the CEO mid-year meeting in May 2023, an opportunity to visit the Coyoacan store and the recently refurbished Polanco and Perisur stores.


IADS Exclusive: The secret sauce to El Palacio de Hierro's excellence


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: Perspectives from the 2023 GDI conference

Christine Montard
September 27, 2023
Open Modal

IADS Exclusive: Perspectives from the 2023 GDI conference

Christine Montard
|
September 27, 2023

The IADS attended the GDI 73rd International Retail Summit held in early September 2023 in Zurich. Lecturers discussed the decisions retailers should make in uncertain times when costs rise and margins shrink. Money is now becoming scarce, the pandemic destroyed supply chains, and the war in Ukraine is causing energy shortages and high inflation. Consumers are becoming more price-sensitive. And while some companies are downsizing their workforce, others are desperately looking for employees.


What should retailers do when costs rise and margins shrink? Streamline offerings, robotise services, stop sustainability initiatives? Optimise the present now – or invest in the future? What to do? And even more importantly, what not to do?


"More focus!" is the magic formula according to GDI. For retailers, this means setting bold priorities, implementing rigorous decisions and taking responsibility: not just for the shelves, but also for the people – customers and employees – to build trust. The IDAS put together a sum up of the conference lectures and talks.


IADS Exclusive: Perspectives from the 2023 GDI conference


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: Culture and department stores: a match made in heaven?

Christine Montard
September 20, 2023
Open Modal

IADS Exclusive: Culture and department stores: a match made in heaven?

Christine Montard
|
September 20, 2023

Back in March 2021, Dr Christopher Knee shared his views on cultural goods, specifically books, in an IADS Exclusive. Two years later, the cultural goods footprint in retail is growing in renewed ways, justifying a new look at the topic.


Several reasons are underlying the cultural goods trend. On one hand, the cultural goods business at large is growing as explained by Bain & Company and Altagamma in their 2021 luxury report: with the reopening of art fairs, the art market recorded a post-Covid renewed interest in art with an increasing participation of new and younger consumers buying in the mid-priced segment. Besides investment and speculation purposes, this phenomenon is also sustained by the new pivotal role of home and the intertwining of living and working. On another hand, many luxury brands are morphing from high-quality product manufacturers to cultural actors, offering consumers 'on steroids' value proposition and raising the bar for other retailers.


This expanded value proposition is an additional way to answer new consumers' expectations for more experiences beyond the traditional retail transactional relationship. From that perspective, increasing the retail's cultural component and the cultural goods offerings represent an additional opportunity to drive traffic in stores and possibly generate additional turnover.


IADS Exclusive: Culture and department stores: a match made in heaven?


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: What retailers should know about AI

Selvane Mohandas du Ménil
September 11, 2023
Open Modal

IADS Exclusive: What retailers should know about AI

Selvane Mohandas du Ménil
|
September 11, 2023

ChatGPT constantly made the headlines for the past 9 months and its adoption was massive (it reached 100m monthly active users in January 2023, 2 months after its launch. For comparison, it took 9 months for TikTok and 2,5 years for Instagram to reach the same amount of MAU). However, ChatGPT is just the tip of the iceberg, more precisely a 'demo' product showing to the general public the capabilities of Generative AI (a system able to answer queries, or 'prompts', after having been trained on large amounts of data, and therefore capable to bring answers which are going further than simply mimicking the data it learnt).


Generative AI has already started to disrupt many industries and retail is no exception. This is the reason why IADS invited Cyrille Vincey, Partner in Advanced Analytics at Bain & Company, to provide IADS member CEOs with more information and give a few examples of use cases in retail.


IADS Exclusive: What retailers should know about AI


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: How retailers can turn sustainability regulations into opportunities

Mary jane Shea
September 1, 2023
Open Modal

IADS Exclusive: How retailers can turn sustainability regulations into opportunities

Mary jane Shea
|
September 1, 2023

Europe is on a mission to become the world's first climate-neutral continent by 2050, but this is not a small feat. To achieve such a status, the EU is having to crack down on the way businesses are run and how people conduct their everyday lives in Europe. As a way to reduce the environmental impact caused by retailers, the European Union has started to define and impose new regulations that retailers must comply with. These directives are coming in waves and impacting certain players differently than others, thus raising questions and needing clarification.


There are many of these sustainability regulations already in effect, but they are continuing to develop and become more stringent as the EU strives to become more sustainable and environmentally conscious, especially as it seeks to lead the world on the road to a more sustainable future. The IADS pulled together the opportunitites around these regulations that businesses can adhere to their advantage.


IADS Exclusive: How retailers can turn sustainability regulations into opportunities


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*



Category

IADS Exclusive: Brand Roundup: Sportswear 2023

IADS
August 9, 2023
Open Modal

IADS Exclusive: Brand Roundup: Sportswear 2023

IADS
|
August 9, 2023

IADS recently held a meeting all about the Sportswear brands to look out for in 2023. Based on market research, IADS and NellyRodi presented a curated selection of 15 brands that are trending right now. Check out our selection of these brands!


IADS Exclusive: Brand Roundup: Sportswear 2023


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclsuives here.*



Category

IADS Exclusive: Brand Roundup: Cosmetics, Beauty & Wellness 2023

IADS
August 2, 2023
Open Modal

IADS Exclusive: Brand Roundup: Cosmetics, Beauty & Wellness 2023

IADS
|
August 2, 2023

IADS recently held a meeting all about the Cosmetics, Beauty and Wellness brands to look out for in 2023. Based on market research, IADS and NellyRodi presented a curated selection of 10 brands that are trending right now. Check out our selection of these brands!


IADS Exclusive: Brand Roundup: Cosmetics, Beauty & Wellness 2023


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclsuives here.*



Category

IADS Exclusive: Brand Roundup: Home & Decor 2023

IADS
August 1, 2023
Open Modal

IADS Exclusive: Brand Roundup: Home & Decor 2023

IADS
|
August 1, 2023

IADS recently held a meeting all about the Home & Decor brands to look out for in 2023. Based on market research, IADS and NellyRodi presented a curated selection of 16 brands that are trending right now. Check out our selection of these brands!


IADS Exclusive: Brand Roundup: Home & Decor 2023


IADS provides its members with a weekly in-depth analysis on retail-oriented topics.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclsuives here.*



Category

IADS Exclusive: Brand Roundup: Women's Fashion 2023

IADS
July 31, 2023
Open Modal

IADS Exclusive: Brand Roundup: Women's Fashion 2023

IADS
|
July 31, 2023

IADS recently held a meeting all about the Women's Fashion brands to look out for in 2023. Based on market research, IADS and NellyRodi presented a curated selection of 10 brands that are trending right now. Check out our selection of these brands!


IADS Exclusive: Brand Roundup: Women's Fashion 2023


IADS provides its members with a weekly in-depth analysis on retail-oriented topics. This is an example of the themes the Association regularly addresses, and the topic of an article from the IADS members-only newsletter date 02 August 2023.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclsuives here.*



Category

IADS Exclusive: Global Fashion Summit 2023: The clock is ticking

Kaitlyn Lim
July 24, 2023
Open Modal

IADS Exclusive: Global Fashion Summit 2023: The clock is ticking

Kaitlyn Lim
|
July 24, 2023

The IADS attended the 2023 edition of the Global Fashion Summit which took place from June 27th to the 28th in Copenhagen. This year's theme was "ambition to action" and was an opportunity for industry leaders and professionals to share their knowledge, tools and experience to help shift the industry from vague aspiration towards concrete implementation to achieve a net-positive industry.


The overall tone of the summit was rather ominous - the clock is ticking, as 2025 sustainability targets are approaching quickly and seem unachievable, 2030 targets are the new focus as the global climate emergency becomes more pressing, and the fashion industry is not moving fast enough. In efforts to push the industry forward, the conference was an opportunity for industry leaders to share actionable case studies, step-by-step guides and conversations aimed to simplify complex topics. The IADS highlights the key takeaways and important resources for our members below.


IADS Exclusive: Global Fashion Summit 2023: The clock is ticking


IADS provides its members with a weekly in-depth analysis on retail-oriented topics. This is an example of the themes the Association regularly addresses, and the topic of an article from the IADS members-only newsletter date 26 July 2023.


*IADS Exclusives are for members only. You can subscribe to our Substack to recieve our weekly exclusives here.*