Wool campaign making strides
A group set up to boost education and promotion of wool says it has made positive strides during the first year of its three-year strategy.
The opportunity for high-quality wool carpets in the world beyond New Zealand and Australia is massive, says Cavalier Corporation chief executive Paul Alston.
Cavalier announced last week it is revamping its export focus to significantly grow its business internationally beyond its traditional markets in NZ and Australia.
“We do sell at the moment into the US, Canada, the UK and Europe and a bit into Asia. It is only a small part of our business but we are looking to have more focus in that area, particularly more products, and we are just making plans about how we do that,” Alston explained to Rural News.
“The world is a big place and... how we target that market is in the early stages of planning. But we will move forward as quickly as we can now the company is on the right trajectory.”
International sales functions beyond the Australian market will be returned to NZ, Alston says. An experienced salesperson who was the company’s general manager international based in Australia is doing the rest of the world role. That function is being returned to NZ.
“Coming back to NZ there is a refocus; we are doing research and will be targeting the rest of the world in what we see is an area of growth.”
They are looking to “potentially change the way we do things”.
Cavalier in February reported first-half net profit of $1 million in the six months ending December 31 following restructuring and plant rationalisation. This followed a loss of $2.1m in the financial year to June 30 2017.
With just over two weeks left in the 2023-24 season, all eyes will be on Fonterra's opening milk price for the new season.
Fonterra Brands' Cathy Lang has been crowned the country's best cheesemaker for the second time in three years.
James and Debbie Stewart of Dairylands in the Manawatū are no strangers to taking home the silverware.
Troubled milk processor Synlait's share price is taking a hammering as nervous investors offload their stakes.
Solar generation company, Lodestone Energy is now delivering energy from its second solar farm, Rangitaiki in the Bay of Plenty.
Commercial fruit and vegetable growers are being urged to their say in the upcoming levy referendum to enable Horticulture New Zealand (HortNZ) to continue its work for the sector.
OPINION: This old mutt well remembers the wailing, whining and gnashing of teeth by former West Coast MP and Labour…
OPINION: Your canine crusader gets a little fed up with the some in media, union hacks, opposition politicians and hard-core…