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Latest Wool Trading News - November 2018

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Bloch & Behrens NZ – Answering the call for transparency

Recognising a world where consumers are now wanting to understand the story behind the products they buy, Bloch & Behrens launched its flagship brand Wool Integrity NZ™ two years ago and today partners with many users of New Zealand wool around the world.   ‘The brand is based around the fundamental hallmarks of quality, sustainability and animal welfare. It provides a more transparent supply chain from Farm to Marke...

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2018 wool2yarn magazines just published

2018 wool2yarn global and wool2yarn china magazines were published in September and have been sent to readers in more than 60 countries worldwide, including China. ‘We expect our readers around the world to receive their copy by mid November’, says Victor Chesky Editor wool2yarn magazines. ‘2018 issues are full of opinions and views from industry leaders, as well as a comprehensive round-up of news, feature articles ...

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NZ Woolscour Holdings buys shares in Cavalier Wool Holdings

Woolscour Holdings bought 70% of shares in the only scour operator, Cavalier Wool Holdings, which has scour plants at Napier and Timaru. Australian-based Lempriere, part-owned in China, retains a 30% stake. Ferrier has bought 15% of CWH from Lempriere, 27.5% from Cavalier Corporation, 13.75% from ACC and 13.75% from private-equity group Direct Capital. According to a release by NZX, Cavalier sold its 27.5% stake for ...

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AWI Commentary – Australian Wool Sales (24 and 25 October 2018)

The latest Australian wool sales saw large and negative price movement across the offering. Price falls were significant and an average of around 5% was lost from clip values. As the past six or more years have seen price gains predominantly on the back of demand, similarly this rapid retraction in price levels is being caused by the slowdown in buying, mainly by Chinese manufacturers. All types and descriptions were...

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New Zealand Wool Market Report – 25 October 2018

All market indicators have taken a major correction in line with other global wool market trends as some uncertainty is starting to affect economic confidence in textile producing countries. It was observed that the better prepared and presented lots certainly found higher levels of demand on the buyers’ market.   Compared to the previous Christchurch sale, held 11th October Xbd fleece 30 to 35 microns 2% cheaper. Xb...

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South African wool Market Report (24 October 2018)

Port Elizabeth – The wool market traded lower at this week’s auction and the Cape Wools Merino Indicator decreased by 5,0% and by 1,110 points to close at a value of R212,14/kg (Clean). The Australian EMI lost 4,7% this week. The Cape Wools All Wool Indicator declined 5,2%. The wool market continued its decline this week reaching levels as at the end of the previous season due to lower demand for both long and medium...

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AWI appoints new General Manager Operations

Australian Wool Innovation (AWI) has announced the appointment of Nigel Gosse to the newly created role of General Manager Operations. AWI CEO Stuart McCullough welcomed Nigel to Sydney from the organisation’s London office where he was in the position of Country Manager, United Kingdom and Turkey, a position he had held since April 2016. “Nigel’s appointment is the result of the implementation of one of the 82 recom...

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The Woolmark Company helps market T-shirts by Joe Merino

The Woolmark Company, AWI’s marketing arm, has collaborated with Dutch men’s fashion brand Joe Merino to help market its T-shirts and promote Merino wool as the perfect go-to in summer. The T-shirt is circular knitted from Südwolle yarns, is machine washable and available in 14 colours. It is breathable, feels soft and luxuriously gentle next to the skin, has to a natural elasticity, and is odour resistant. The T-sh...

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Unusual collaborations at Tokyo Fashion Week

For more than a decade, Tokyo Fashion Week has fought to cement the city as Asia’s fashion capital. But while there’s certainly stiff competition from Seoul and Shanghai, Tokyo designers’ biggest challenge seems to be overcoming the city’s own reputation. When visiting the city, fashion insiders come with expectations that range from the avant-garde (thanks, Comme des Garçons) to the outlandish “kawaii” fashions popu...

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Benetton co-founder dies

Gilberto Benetton, a co-founder of the Benetton clothing firm, has died at the age of 77 after a short illness. He, with brothers Luciano and Carlo and sister Giuliana, founded United Colors of Benetton in Italy in the 1960s. His death comes just three months after that of younger brother Carlo in July. He was aged 74. The family is one of the most powerful in Italy, with interests in construction, transport and cate...

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China third quarter growth misses expectations

China has reported its slowest quarterly growth rate since the global financial crisis. The growth figure for the July to September quarter was 6.5% from a year earlier, the National Bureau of Statistics said. The result fell short of Reuters analyst forecasts of 6.6%. Policymakers have moved to support the cooling economy in recent months. China faces rising economic challenges including high debt levels and an inte...

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Seoul Fashion Week – themes of war and peace

Young Seoulites arrived at the Dongdaemun Design Plaza with the sort of bright hairstyles and eclectic outfits one comes to expect at Seoul Fashion Week. But within the building’s futuristic, curved facade, the event’s Spring-Summer 2019 program has proved far more restrained. A sense of tranquility and youthful optimism pervaded the week’s shows, which touched on the political, the social and the environmental, whil...

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Italy budget: European Commission demands changes

The European Commission has told Italy to revise its budget, an unprecedented move with regard to an EU member state. The Commission is worried about the impact of higher spending on already high levels of debt in Italy, the eurozone’s third-biggest economy. The controversy surrounding the Italian government’s spending plans has led to continued nervousness on the financial markets. The budget set out by the country’...

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Gen Z consumers and the new ‘made in China’ at Shanghai Fashion Week

It is fairly clear that every global fashion brand wants to harness the massive spending power of China’s urban middle class. But Shanghai Fashion Week suggests that there’s also a growing force of domestic talent ready to tip the scales. Chinese designers are having their moment, both at home and at the “Big Four” (fashion weeks in New York, London, Paris and Milan). And this Spring-Summer 2019 season has underscore...

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Interested in reaching buyers in China? Advertise in wool2yarn China magazine and reach major importers of wool and speciality fibre, topmakers, spinners, weavers and textile companies in China, in their own language, breaking down the language barrier. This publication is circulated to 5000 major textile companies in China, Hong Kong and Taiwan and is a buyer’s guide and information source for the year ahead. See More.

Reach buyers in 58 countries – advertise in wool2yarn global magazine. Published once each year (September) it is circulated to over 5000 textile companies. Readership includes importers of wool and speciality fibre, topmakers, spinners and weavers, manufacturers of yarn, knitwear, carpet, and blankets, producers and importers of fabrics, bedding products, garment manufacturers, and brands and retail chains. See more.

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