AUSTRALIA: Woolmark Company Reveals Three-Year Plan
In spite of the sharp textile downturn around the world, The Woolmark Company expects revenues in its first commercial year to increase by 50 per cent compared with last year, due to its new business streams and Woolmark licensing. Speaking at the 71st Annual Congress of the International Wool Textile Organisation in Barcelona, Woolmark chairman Rodney Price revealed that a new three year plan has been approved by the Board to build new businesses.