IAF urges fair sourcing in times of shock

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The International Apparel Federation has urged brands and retailers not to push new energy‑driven cost shocks onto suppliers 

Oil price shocks
The IAF criticises the “first reflex” of some buyers to push costs and risks on suppliers.

ZEIST – Fresh geopolitical turmoil and surging energy prices risk triggering a new round of cost‑cutting that could undermine efforts to build fairer, more resilient global apparel supply chains.

A new position statement from the International Apparel Federation (IAF) warns that hostilities in the Gulf region – including the closure of the Strait of Hormuz – are already pushing up input costs and deepening uncertainty for brands, retailers and suppliers.

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