AUSTRALIA: Wool groups merger awaits government decision
Two of Australia's leading wool organisations have postponed their merger plans again while they wait for a decision on government support for the integration.
"Analysis of the issues has been more complex and more time consuming than the Minister's staff could have assumed and the proposal remains with the Minister for his decision," said AWS chairman, Barry Walker.
In December, Australian Wool Services (AWS) and Australian Wool Innovation (AWI) said they planned to delay the merger until the end of March while they resolved "a number of outstanding issues."
The two groups said a merger would give manufacturers, retailers and designers a united voice and is an important step for the Australian wool industry.
This year not only marks 200 years of international trade for Australia's wool industry, but also signals change for Australian Wool Innovation (AWI), the body that supports the growers and promotes t...
Woolgrowers' body AWS has received clearance from the UK Pension Fund Regulator on its agreement with the IWS Pension Fund Trustees, and is now seeking shareholder approval for its merger deal with AW...
The long-awaited integration of Australian Wool Innovation (AWI) and Australian Wool Services (AWS) is nearing completion, nearly three months late....
Australian Wool Innovation (AWI) has confirmed signing what it called an historic agreement demanding that People for the Ethical Treatment of Animals (PETA) stop threatening global retailers over the...
A US$6.6m marketing project to drive demand for fine wool apparel at two US retailers has led to an increase in garment sales of up to 12% its organisers say....
The federal government has given the go-ahead to the integration of two of Australia's leading wool organisations after pledging AUD15m (US$12.5m) to support the merger....
A wool market economist has forecast that while wool supply will be low during the coming year, demand has lifted and prices should stay buoyant for some time to come....
Two of Australia's leading wool organisations have postponed their merger plans until the end of March to give them time to resolve a number of outstanding issues....
- Steps to piloting living wage in garment factories
- How to ensure sustainability is more than a slogan
- Trump blows the case for Brexit out of the water
- US apparel retailers' November 2016 sales roundup
- Duty-free trade key to build Africa supply chains
- US Q3 in brief – Destination Maternity, Cherokee
- Taiwan textile maker investing in first US plant
- Outdoor apparel sector set for double-digit growth
- Esquel efficiency drive continues to boost brands
- Myanmar garment industry "lacking labour rights"