Displaying items by tag: wool
The lower dollar will put extra money in wool growers’ pockets but volatility in demand from China can be expected, say wool market experts.
Lighter fleece weights due to a big North Island move to meat production from sheep is an influence on wool supply, says Malcolm Ching, Purelana manager, Wool Services International.
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.