Fashion Network reports that Galeries Lafayette executive board chair Nicolas Houzé has been reappointed president of the International Association of Department Stores (IADS), with Falabella Retail’s Francisco Irarrázaval stepping in as vice-president to strengthen the organisation’s global leadership. Under their mandate, IADS will continue to leverage shared expertise, strategic tools, and its Academy to help member department stores turn current market challenges into new growth opportunities.
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