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Supply Chain news and archive

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EU member states aim to significantly dilute supply chain act

EU member states sought to significantly dilute the European Supply Chain Act. A majority of countries voted to apply the human rights protection law only to companies with more than 5,000 employees, instead of the previous threshold of 1,000, the member states announced. In addition, the turnover threshold was to be raised from 450 million...

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Middle East tensions: What will be the impact on fashion’s supply chain?

As military tensions escalated between Israel and Iran, global trade held its breath. At the heart of concerns was the Strait of Hormuz, the strategic maritime corridor through which nearly one-third of the world's oil passes. If this passage were to be blocked or seriously disrupted, the repercussions would not be limited to energy markets. The...

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