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What Europe’s Energy Crisis Means for Fashion

Skyrocketing power prices are hurting consumers, threatening brands and retailers, and adding new pressures to the industry’s already fragile supply chains. For some, the result could be worse than Covid.
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A store in Berlin. Surging energy prices are threatening consumer demand across Europe. (Getty Images)
By
BoF PROFESSIONAL

The fashion industry is facing a bleak winter. And Europe is ground zero. Soaring energy prices, caused by Russian moves to curb gas supply to Europe in retaliation for Western sanctions following its invasion of Ukraine, are buffeting the industry from all angles.

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About the author
Sarah Kent
Sarah Kent

Sarah Kent is Chief Sustainability Correspondent at The Business of Fashion. She is based in London and drives BoF's coverage of critical environmental and labour issues.

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