Iran war is tearing the polyester fabric of fast fashion – and shoes could be next
A surge in fossil fuel prices since the Iran war is squeezing polyester suppliers and garment makers across India and Bangladesh, threatening to raise costs for fast-fashion retailers like Zara and H&M. Filatex, one of India’s biggest polyester yarn producers, is paying nearly 30 per cent more for the petroleum-derived feedstocks – purified terephthalic acid […]

