Modaes covers IADS data on a cooling department store recovery and regional disparities

Press
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March 18, 2026
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Modaes

Modaes explores the IADS Global Department Store Monitor, finding the sector's post-pandemic recovery has effectively stalled, near-flat growth in 2025 after declining the year prior. The report identifies a 'vibecession'—a disconnect between macroeconomic stability and defensive consumer behaviour—with Latin America and India showing resilience while China and Hong Kong face structural challenges, and retailers shifting towards AI-powered inventory management and generative engine optimisation.

Read the full Modaes article:

Los grandes almacenes pinchan: el consumo enfría su recuperación global