Supply Chain news and archive

Association: ships in Gulf region to remain insured

Despite the war with Iran, German ships in the Gulf region can continue to be insured. This was announced by the German Insurance Association (GDV). “Insurers are adjusting terms and prices, but are not pulling out,” said Jörg Asmussen, general manager of the GDV. War risk insurance, which typically covers damage from incidents such as mines, is...

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European fashion stocks soar following Iran ceasefire

Madrid – Optimism is taking hold of the markets following the hopeful bilateral ceasefire agreed between the governments of the US and Iran in the early hours of Wednesday, April 8, Central European Summer Time. The agreement, reached for the next two weeks, is based on open negotiations for a “definitive” and “long-term” peace deal. It will...

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Trump announces a bilateral ceasefire between the US and Iran

Madrid – Diplomacy has prevailed over conflict following an announcement made in the early hours of this morning, Central European Summer Time, by US president Donald J. Trump. The statement concerns the armed conflict involving the armies of the US, Israel and Iran since February 28. This crisis appears to be on track according to the American...

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Crisis talks on Strait of Hormuz seek to increase pressure on Iran

During the crisis meeting on the largely blocked Strait of Hormuz, participating countries discussed possible further sanctions against Tehran. The British Foreign Office announced this following an online meeting convened by the UK with representatives from more than 40 countries. Foreign secretary Yvette Cooper spoke of a determination among...

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Global economic update: oil prices fall, stock markets reassured amid Middle East conflict

Paris, France – The latest global economic developments on Wednesday at approximately 8am GMT, as the war in the Middle East enters its 26th day. Oil prices fall Oil prices fell on Wednesday, with Brent dropping below 100 dollars, following Iran's announcement that it would unblock the Strait of Hormuz for ships deemed “non-hostile” and the...

Fashion

Lotta Ludwigson x Remei: digital product passport in action

On Thursday, March 19, 2026, Berlin-based slow fashion label Lotta Ludwigson and sustainable Swiss textile producer Remei launched a joint t-shirt collection. The Luma t-shirts are 100 percent traceable via the my-trace app, not only from the organic cotton raw material to the finished product but starting from the seed itself. The t-shirt is...

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Strait of Hormuz blockage, an “unprecedented freeze” on global maritime trade

Paris (France) - The blockage of the Strait of Hormuz constitutes an “unprecedented freeze” on global maritime trade, affecting everything from cosmetics and food products to pharmaceuticals, cars and precious marbles. While it primarily impacts petroleum products, it also threatens many other industrial sectors. Importance of the Strait of...

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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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Value chains in jeopardy over Iran: Maersk diverts its vessels to the Cape of Good Hope

Madrid – Tensions are returning to global value chains following the military conflict that erupted this Saturday, February 28, in the Middle East. This follows coordinated attacks against Iran by the Israeli and US armies. The ayatollahs' regime has already responded to these hostilities, announcing an unpredictable escalation of the conflict....

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Texworld: How Chinese manufacturers are adding value through textile innovation and CSR

Chinese manufacturers at the Texworld Apparel Sourcing trade show, held from February 2 to 4, 2026, are no longer positioning themselves solely as high-volume suppliers. Instead, they are key players capable of integrating Western demands for technological innovation and CSR. Oracle, Huaren Linen and Healcell are prime examples of this shift....

Fashion

Starting from scratch, textile hemp follows in linen's footsteps

Villepinte (France) - From suits and jeans to flip-flops, hemp, a natural fibre used in textiles for centuries before falling into disuse, is making a comeback. Its advocates hope it will follow the same path in fashion as linen. At the Première Vision trade fair in Villepinte, near Paris, the European Confederation of Flax and Hemp (ALCE) stand...

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Fashion brands reaffirm support for Pakistan Accord for factory safety

Consultations between over 100 brands, retailers and trade union representatives have led to an extension of the Pakistan Accord, a country-specific agreement within the International Accord. With the new signature, the fashion companies confirm their joint commitment to improved labour and safety standards in the Pakistani supply chain. The...