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Industry Insights |
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US Iran Tensions Threaten Global Textile Supply Chains
Escalating US Iran war risk disrupting energy, petrochemicals, cotton and freight markets, increasing costs and uncertainty for global textile supply chains.
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US Iran War Risks Higher Costs for Global Textile Industry
A potential US Iran war may increase global textile production costs by up to 15% due to rising oil prices, energy costs and supply chain disruptions.
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War Economy Shifts Textiles Toward Technical Demand
Geopolitics is lifting oil and freight costs, squeezing synthetics and apparel trade, while defence and industrial demand accelerates a technical textiles boom.
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UK Retail Sales Drop 0.4% in Feb as Oil Shock Looms
UK retail sales fell 0.4% in February, ONS said, after January’s surge. With oil up about 50% since Iran strikes, retailers fear weaker spring demand.
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UK Shoppers Embrace Cost Per Wear Fashion as Budgets Tighten
Affirm research finds 70% of UK adults consider cost-per-wear and 44% plan clothing buys to avoid impulses; flexible payments and BNPL influence loyalty.
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