WWD reports on the IADS Global Department Store Monitor, which reveals department store sales rose just 0.63% in the 2024–2025 financial year across 58 stores globally—reflecting what industry executives describe as a 'vibecession.' The study highlights a growing disconnect between improved macroeconomic indicators and muted consumer confidence, with retailers leaning on promotions, AI-driven efficiency, and generative engine optimisation as Middle East tensions, tariffs, and currency fluctuations weigh on fragile consumer sentiment.

Read the full WWD article below:
Department store rebound stalls in ‘Vibecession’ as Middle East tensions weigh on consumer confidence

Click here to read the IADS’ Global Department Store Monitor Press Release