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business 80d ago

Iran's Strait of Hormuz Attacks Disrupt Eid Apparel Shipments, Boosting Saudi Mall Sales

Iran's Strait of Hormuz Attacks Disrupt Eid Apparel Shipments, Boosting Saudi Mall Sales

Iran's attacks on shipping through the Strait of Hormuz have delayed Gulf trade, especially clothing shipments ahead of Eid al-Fitr. The disruption caused a 32% surge in in-store clothing spending in Saudi Arabia as consumers shift from online to mall shopping. Going forward, Gulf trade is rerouting via land, and retailers must adapt to ongoing supply chain challenges through the Eid season.

Timeline · 80d ago

80d ago

1 article · Semafor

80d ago

1 article · Semafor

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