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Latest Wool Trading News - July 2014

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Tecnomeccanica acquires Sant’ Andrea Novara

Italian textile machinery manufacturer, Tecnomeccanica has acquired Sant’ Andrea Novara. The acquisition was announced after protracted negotiations.   ‘It is business as usual, fulfilling existing and new orders, and ensuring that jobs are saved’, says Mario Ploner of Tecnomecca...

New Zealand Wool Services International acquires JS Brooksbank

New Zealand Wool Services International (NZWSI) has purchased JS Brooksbank (JSB). JSB is a leading wool export company in New Zealand. It has long operated out of Wellington and will continue to do so. JSB will operate independently of as a division of NZWSI so it is ‘business a...

Australian Wool Market Review from AWI (27 June 2014)

This week saw the official final sale of the 2013/14 Australian wool season, although most industry participants consider the season finish is in a fortnight’s time. The Fremantle centre re-joined the selling scene, helping to boost quantities available to over 30,000 bales.   Th...

Sheep can save the planet

Properly managed livestock can save the planet from the effects of desertification said Mr. Allan Savory at the recent IWTO Conference in South Africa. He spoke to an audience of conference delegates. Mr. Allan Savory is a Zimbabwean biologist, farmer, soldier, exile environmenta...

New Zealand Wool Market Report 26 July 2014

The combined North and South Island last sale of the 2013/14 season offering 23,600 bales, saw the market ease 2 to 4 percent with the strong New Zealand dollar accounting for a significant amount of the shift. Bales on offer 23,590, bales Sold 18,455 (78.2% )   The weighted indi...

Wool’s Technical Properties Showcased by HRH The Prince of Wales

HRH The Prince of Wales marked the Campaign for Wool’s 5th Anniversary at Clarence House by highlighting two of wool’s most beneficial technical properties – its natural flame resistance and biodegradability.   To demonstrate wool’s ecological and safety benefits, The Prince firs...

China’s clothing retail market is set to soar

The competitiveness of the Chinese clothing industry is set to weaken over the next few years as costs rise. As a result, export growth could falter, according to Issue No 168 of Textile Outlook International from the global business information company Textiles Intelligence.   R...

Russian wool on offer from Caucuses

Many in the industry would be curious to know about what the Russian wool industry is doing today. And although there have been some published reports Russia is re-immerging as a big importer and exporter of Russian wool. Most farms in Russia today are individually owned and run ...

NZ STILL HOLDS TITLE OF THE FINEST WOOL WITH 10.65 MICRON BALE

A 10.65 micron bale has just been produced and is up for sale. Years of breeding and a family’s vision are all linked to a unique breed of sheep that has been proven once again. Merino sheep have been bred for their fibre for centuries and there are many different types around th...

HRH the Prince of Wales champions wool’s natural benefits

To mark the fifth anniversary of the Campaign for Wool, a special event has been held on the lawns of Clarence House, the residence of campaign patron HRH The Prince of Wales. The Campaign for Wool is a global endeavour initiated by HRH The Prince of Wales to raise awareness amon...

Wool ComfortMeter to turn heads at global showcase in Shanghai

Revolutionary Australian technology that can guarantee the comfort of wool to the consumer will go on sale to the world at a major global textile and manufacturing showcase in Shanghai last week. Used together the Wool ComfortMeter and Wool HandleMeter objectively and accurately ...

A running shoe made of wool

Designed in New Zealand by Wellington company, Three Over Seven, and developed by Ruakura business AgResearch, the product is the world’s first woollen running shoe. “We have data that says wearing wool next to your skin creates healthy skin,” said AgResearch science impact leade...

I/O Merino – making a big splash in the adventure clothing market

The Michell family name has been synonymous with the Wool industry in Australia and beyond for over 140 years. In recent years, Michell Wool Executive Director David Michell has combined his passion for wool and his passion for adventure, and created the I/O Merino business, taki...

China takes new steps to boost growth

China has announced new measures aimed at bolstering its economic growth. These include plans to build railways, roads and airports along the Yangtze River – which connects China’s less developed inland provinces to Shanghai. Meanwhile, China’s central bank said it will encourage...

Export growth leads to red carpet success for Yorkshire textile manufacturer

A Yorkshire textile manufacturer that produces fabric for some of the world’s leading fashion houses has been named top fashion and textile exporter at the UK Fashion and Textile Awards 2014.   Strong international sales at Bradford-based textile group Luxury Fabrics resulted in ...

Mohair South Africa goes global for two prestigious shows

Mohair South Africa (MSA) representatives showcased the versatility of this proudly South African product at the recent Vogue Knitting Live in Seattle as well as the Pittsburgh Knit & Crochet show earlier this year. The Vogue Knitting Live event was held on the 14-16 March 2014 w...

New Indian government announces rapid economic reforms

India’s new government has unveiled a programme for rapid economic reforms aimed at creating jobs and boosting foreign investment. The announcement by President Pranab Mukherjee included plans designed to simplify taxation and reduce inflation. Industrial reforms included attract...

Mohair South Africa gets behind international fashion students

Mohair South Africa (MSA) supports a designer development programme at Mode Gakuen University; the perfect opportunity for future designers to get their hands on this luxurious and durable fibre; putting South Africa on the map for all the right reasons. MSA supplies third year s...

China manufacturing activity ‘picks up’

China’s manufacturing activity picked up pace in June, an initial survey by HSBC showed, a sign that its economy is benefiting from recent stimulus moves. The bank’s purchasing managers’ index (PMI), a gauge of the sector’s health, rose to 50.8 in June, from 49.4 in May. A readin...

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