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Mapped: the impact of the West Asia crisis on global textile trade routes

The ongoing West Asia crisis has thrown open the extreme vulnerability of supply chains, including those of the garment and textile industry. FashionUnited has taken a look at why the Strait of Hormuz and the Bab-el-Mandeb Strait are such “jugular veins” of the textile trade between Asia and the West and what it means in terms of shipping times,...

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Business

European fashion stocks decline amidst Middle East conflict

Madrid – Major European fashion companies are holding their breath, waiting to see how markets and their shares will evolve following the outbreak of the new military conflict between the US and Israel against Iran. The war has unleashed instability in the Persian Gulf region. This has been fraught with uncertainty since last Saturday, which...

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