The war in Iran has brought new problems to the global fashion industry. Dubai, photo: Noah Bikoro / Unsplash
06.04.2026 2607

The war in Iran has brought new problems to the global fashion industry.

A new wave of problems related to the war in Iran has engulfed the fashion industry and thrown the luxury segment into disarray, writes the Italian Laconceria.it. Empty shopping malls in Dubai, canceled flights, soaring energy prices, and strained supply chains, which are once again unsteady, are complicating planning and putting trade relations between the countries on hold.

The Gulf region was considered one of the most dynamically developing in the premium goods segment. While it couldn't boast the same sales volumes as the US and China, it accounted for an average of 6% of luxury brands' revenue, with peaks of 8% for large groups.

The market was expected to grow by 4-6% in 2025 and another 6% in 2026. These promises are now crumbling: store closures for safety reasons and the collapse of airport retail have already led to a loss of half of March sales.

Manufacturers are also watching the situation with trepidation, as this regional conflict will have global implications. Italian leather and footwear manufacturers actively participated in the recent APLF conference in Hong Kong. The Italian association UNIC – Italian Tanneries assembled a pool of 40 companies to represent them at APLF. Following the event, the Italian participants summarized their impressions and attempted to assess their sales prospects in the Chinese market.

As Laconceria.it reports, Asian buyers are currently waiting for the crisis to develop and, before confirming orders, want to gain an understanding of prices in the face of a possible resumption of inflation.

The world is experiencing another phase of global instability, and with it, supply chains that have not yet fully recovered from the effects of the COVID-19 pandemic.

Marina Shumilina

Follow Shoes Report on our official Telegram channel.

A new wave of problems related to the war in Iran has engulfed the fashion industry and thrown the luxury segment into disarray, writes the Italian Laconceria.it. Empty shopping malls in Dubai, cancelled…
5
1
Rating

Latest News

Loewe and On unveil new collaboration

The Cloudsolo Hiker and Cloudtilt Cosmic sneakers are the result of a new collaboration between Swiss sports brand On and Spanish fashion house Loewe. The joint collection also includes apparel. The collection is scheduled to release on the 15th…
13.10.2026 963

Active promotion of the EXTR4 sneaker brand in Italy continues!

Last Friday, the Italian footwear brand EXTR4 opened a pop-up store in Milan's Central Station. The sneaker brand presented its new collection in one of the city's most iconic locations…
13.10.2026 1805

Chanel's Spring 2027 shoe collection features a mix of prints, metallics, and whimsical embellishments.

Chanel's Spring 2027 shoe collection is truly multifaceted. The designers experiment with a combination of colors, prints, embellishments, and materials. It features a wide variety of silhouettes, from bold thigh-high boots with vibrant patterns…
12.10.2026 757

Birkenstock mules from men's shoe designer Louis Vuitton come in new colors

Birkenstock continues to produce the Uerzell mule sneaker, first introduced in 2025 as the result of the German footwear brand's first collaboration with French designer Denis Thibault. In addition to working with Birkenstock,…
09.10.2026 3398

Giuseppe Zanotti will release a collaboration with American rapper Playboi Carti.

Another luxury European footwear brand is enlisting the support of an American rapper. Italian brand Giuseppe Zanotti has announced a collaboration with rapper Playboi…
08.10.2026 1437
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning