Financial Times published letter from IADS Honorary Adivsor

press February 2024 Financial Times

The Financial Times has published an article written by Christopher Knee, an Honorary Advisor at the International Association of Department Stores (IADS). This letter discusses the challenges faced by department stores, particularly in the context of real estate ownership and investor strategies and suggests that many department store closures and difficulties stem from real estate owners leveraging their properties for profit rather than from inherent issues with the department store model. 

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