Durex in the headlines as Karex hikes condom prices 30% amid raw material and shipping chaos. UK brand under Reckitt Benckiser. Short bio: launched in London; now part of RB.
Karex, the world's largest condom producer, has announced plans to raise prices by 20-30% due to ongoing supply chain disruptions caused by the Iran war. Demand for condoms has increased, and shipping delays are affecting stock levels globally, especially in developing countries. The company has enough supplies for now but expects ongoing challenges.