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Luxury merino fashion brand Perriam has been selected for a special showcase on wool in fashion at the prestigious New Zealand Fashion Week (NZFW) in August.
The weakening New Zealand dollar helped local prices this week with most types increasing by the corresponding currency change, says NZWSI general manager, John Dawson.
The first wool auction of the 2015/16 season saw a 92% clearance with a slightly softer tone, says NZWI general manager, John Dawson.
The inspiring way in which Australia promotes wool used in its fashion and interiors sectors prompted Auckland fashion editor and stylist Anna Caselberg to initiate a fashion wool week this year – ‘Choose Wool 2015’.
The latest combined North and South Island wool auction saw a 91% clearance and a generally firm market, says NZWSI general manager, John Dawson.
The weakening New Zealand dollar coupled with exporter pressure to meet shipping requirements and limited supply continues to underpin the wool market, says NZWSI.
A wool industry leader is urging the Government to offer other agricultural sectors the same level of support it gives to dairy.