Latest Wool Trading News - August 2022

Positive outlook for UK wool in 2022

British Wool will be making payments worth £8.4m to its members for the 2021 clip, an increase to an overall average of 36.4p/kg. Andrew Hogley, CEO said, ”The 135% average increase over the prior year is down to improved auction prices for wool over the last 12 months alongside a push to reduce operational costs.” “With the challenges the industry is facing we are really pleased that this year’s payments are ... Read More

AWI July Market Intelligence Reports

The monthly market intelligence report returns this month with information regarding how wool appears as good value relative to man-made fibres and inNorway, the authorities call out greenwashing against environmental claims made by a company selling man – made fibres (MMF). Over the last two years, the most expensive of the MMF or petro-chemical fibre alternatives, nylon, has pushed 24.6% higher which is compara... Read More

Research into seaweed to reduce methane from grazing sheep

Research supported by AWI is under way into the feeding of a supplement, the red algae Asparagopsis, to grazing sheep to reduce their methane emissions. The research is part of a broader strategy to accurately identify and assess ways to reduce and offset greenhouse gas emissions from sheep. Wool is a natural, renewable and biodegradable fibre that is well placed to take advantage of the growing shift towards pla... Read More

New Zealand Market Report (28 July 2022)

North Island only selling this week with 9,700 bales on offer.  Market dearer again except good colour fleece. The selection consisted of 70% crossbred second shear 36.0 to 38.0 micron good style 75/100mm, 10% crossbred fleece 36.0 to 40.0 micron mainly average colour, 15% associated oddments and 5% miscellaneous types.  Good competition with the Indian Sub-Continent, supported by Europe, the United Kingdom a... Read More

British Wool – Sale Report 26th July 2022

BW146 had a total offering of 1.128 million kilos in 174 lots, 266 tons of the offering was prior season wool with the rest being new season. The total weight sold was 829 tons of which 196 ton was prior season, this leaves approximately. 200 tonnes of last season’s wool still to be sold. This will all be offered in the sale on the 16th August. The total clearance achieved was 73%. This is the lowest clearance fo... Read More

Première Vision Paris – highly anticipated by the fashion industry

Première Vision Paris presented its first early edition dedicated to the Fall-Winter 2023- 24 collections: a physical show at the Parc des Expositions, Paris Nord Villepinte (July 5–7), complemented by a digital show accessible online (July 4-8). Historically held in September, Première Vision Paris continues to build on its success with its new summer positioning. Designed to better cater to the evolving cycles ... Read More

2022 wool2yarn global and wool2yarn china magazines – September Publication

We are almost ready to go to print – to join other participating businesses reach major textile companies in more than 64 countries worldwide including China please contact woo2yarn Advertise in woo2yarn to promote your product to new markets and reassure your existing customers that buying from your company is the best option. wool2yarn magazines have a strong readership, reaching your target market and effec... Read More

Bluesign launches full-service sustainability solutions system

Bluesign has announced expanded services to further reduce the textile value chain’s impact on people and planet. Building on over 20 years of excellence in the textile industry, new tiered service offerings will strengthen Bluesign’s capabilities as a full-service sustainability solutions system for the entire textile value chain and expanding into promotional, workwear, corporate wear, home textile,  and footwear ... Read More

Merino swim shorts make a splash across the world

For the first time, iconic French swimwear brand Vilebrequin has incorporated Merino wool into its range, launching a set of three Merino wool swim shorts in partnership with The Woolmark Company, ready for the northern hemisphere summer. Of all the places you’d expect to find Merino wool, the beach is probably the last. But in its pursuit of new markets for Australian wool, AWI subsidiary The Woolmark Company has t... Read More

ITMA Milan 2023

The textile industry has undergone exciting technological transformation, driven by ground-breaking innovations. This transformation is showcased at the ITMA innovation launch pad held every four years. Since the first exhibition that took place in 1951 in Lille to its upcoming edition in Milan next year, ITMA will host yet another global gathering of textile industrialists.  The showcase displaying world-class s... Read More

Italian Textile Machinery Sector looking to Digitalization and Sustainability

Data presented during the annual assembly of ACIMIT, the Association of Italian Textile Machinery Manufacturers, held on 1 July proved decidedly positive, showing that in 2021 the sector recovered significantly compared to 2020, to the point of returning to pre-Covid levels. Specifically, Italian textile machinery production amounted to 2.388 billion euros (+35% over 2020 and + 5% over 2019), with total exports a... Read More

HUGO BOSS and CWF Extend Kidswear License

The HUGO BOSS Group, via its HUGO BOSS Trade Mark Management GmbH & Co. KG, has extended its BOSS Kidswear license agreement with the CWF Group to the HUGO Brand. The exclusive license covers the design, production, and worldwide distribution of a HUGO Kids collection developed for boys and girls aged 4–16 with a focus on teenagers. The product range offers complete looks, from head to toe. Key products are T-shi... Read More