Townshend to head Wools of NZ
Waikato sheep farmer Ross Townshend has been appointed chief executive of Wools of New Zealand.
Wool industry
Wool Services entering new era with sale
Wool Services entering new era with sale
The sale of New Zealand's largest wool exporter to private Australian interests is unlikely to sit well with its New Zealand farmer-shareholders, but could provide a channel to new global markets.
A step in the right direction
A step in the right direction
In a world that is increasingly questioning its sustainability and environmental friendliness, what better natural product is there but wool?
Wools achieves its threshold figure
Wools achieves its threshold figure
Wools of New Zealand has achieved the minimum threshold of $5 million in its share offer, allowing it to proceed with a strong wool grower-owned sales and marketing company.
Opportunity for wool growers to take industry ownership
Opportunity for wool growers to take industry ownership
Federated Farmers national president Bruce Wills has urged strong wool growers to ''stand united'' and take ownership of their industry.
Wool shake-up needed: report
Wool shake-up needed: report
Dramatic structural change is first required beyond the farm-gate in the wool industry if the economics of sheep farming are to improve, ANZ economists say.
Lempriere may have to wait for WSI
Lempriere may have to wait for WSI
Australian merino wool specialist Lempriere may have to bide its time to mop up the remaining 25% of shares in New Zealand Wool Services International it has not yet locked up.
Takeover bid for 75% of Wool Services
Takeover bid for 75% of Wool Services
A 75% stake in carpet wool exporter New Zealand Wool Services International has been locked up in a takeover bid by Australian company Lempriere Holdings Pty Ltd of Melbourne for $23.2 million.
'Disastrous' wool auction underlines difficulties
'Disastrous' wool auction underlines difficulties
The latest wool auctions are "nothing short of a disaster" for all strong-wool growers, Wools of New Zealand chairman Mark Shadbolt says.
New Zealand company blending wool with Chinese rice straw
New Zealand company blending wool with Chinese rice straw
A blended fabric made from New Zealand strong wool and Chinese waste rice straw is being developed by a Wellington company.
Dog attacks merino ewes
Dog attacks merino ewes
Ongoing problems with wandering dogs bothering and attacking stock in the Wanaka area have been brought to the attention of police again after 14 merino ewes were mauled at a property near Albert Town last week.
Change a vital part of fine-wool revolution
Change a vital part of fine-wool revolution
Changes are inevitable. Not only is that now the motto of luxury Italian woollen fabric manufacturer Reda, but it was also a statement that was repeated during the New Zealand Merino Company's recent conference in Christchurch.
Company supplying niche market for custom rugs
Company supplying niche market for custom rugs
They have adorned the floor of the late Elizabeth Taylor's bedroom and the homes of Paris Hilton, Kanye West, Ernie Els and Magic Johnson.
Omarama family wins clip of the year
Omarama family wins clip of the year
The Sutherland family, from Benmore Station, has been awarded the Otago Merino Association's clip-of-the-year title.
Profit pleases WSI
Profit pleases WSI
New Zealand Wool Services International (WSI) has recorded a group net profit after tax of $1.801 million for the six months to December 31.
Optimism the word in wool sector
Optimism the word in wool sector
There is room for long-term optimism for the New Zealand wool industry, despite softening prices, PGG Wrightson Wool general manager Cedric Bayly says.
Possible takeover irks wool exporter
Possible takeover irks wool exporter
A Christchurch wool exporter is considering closing down his New Zealand processing plant and moving to Melbourne if Cavalier Wool Holdings buys the wool scouring assets of New Zealand Wool Services International and disposes of the trading arm.
Meat industry 'must act' on wool
Meat industry 'must act' on wool
Former Meat and Wool New Zealand and New Zealand Meat Board chairman Jeff Grant believes meat companies Alliance Group and Silver Fern Farms should jointly establish a wool marketing entity.
Cavalier gets leave to buy NZ Wool
Cavalier gets leave to buy NZ Wool
The High Court has dismissed an appeal by Godfrey Hirst over the Commerce Commission's decision to grant authorisation to Cavalier Wool Holdings to make an offer for New Zealand Wool Services International's wool scouring assets.
Wool Services to raise capital
Wool Services to raise capital
New Zealand Wool Services International is preparing to raise capital.