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Fashion Briefing: ‘It will be felt everywhere’: How rising oil prices will impact the fashion industry

By Danny Parisi

Mar 12, 2026

The ways rising oil prices will affect fashion businesses and consumers are manifold. Experts told Glossy that brands will likely see increased operational costs on international shipping and the production of plastic or plastic-derived products and components. In addition, there's set to be a damper on consumer spending as shoppers devote more of their paychecks to energy costs.