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For Fashion Supply Chains, Chaos Is the New Normal

Escalating conflict in the Red Sea will place inflationary pressures on retailers — and eventually their consumers — with potential consequences for the global economy at large.
Cargo ships pass through Suez Canal
Several of the world's largest shipping companies have re-routed away from the Suez Canal in light of Houthi militants' escalating attacks on commercial vessels off the coast of Yemen. (Shutterstock)

Last week, the US and UK began air and naval strikes in Yemen against Houthi militant targets — an escalation of a regional conflict with no resolution in sight, with significant potential consequences for the global economy.

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