Proposed changes to Australia's wool selling system have been met with resistance from wool buyers and exporters. It is being discussed as government-and-grower-funded body Australian Wool Innovation (AWI) embarks on a restructure. Long-term AWI staff, including Jimmy Jackson and Rob Langtry, will leave the corporation in the middle of the year.
Review of the wool selling system began by AWI more than a year ago and considered dozens of submissions from wool growers and buyers. It says the aim is to modernise the system and reduce costs to wool growers, while also increasing transparency. AWI is consulting industry about the changes, and said it would bring together a panel of experts by May to drive the digital transformation. Further, a business case will be delivered to the AWI board by November 2016.
According to a wool buyer, Chris Kelly, from the National Council of Wool Selling Brokers said more than 90 per cent of buyers were against change. He said the current open-cry auction was already modern and based on pre-sale wool testing. Wool buyers and growers are also raising concerns about the loss of highly experienced wool industry stalwarts at AWI.

- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
A Quest for Essence: Unveiling the 2027 A/W Trends at Intertextile Shanghai Appa…
As the global textile industry looks toward the upcoming season, the Intertextile Shanghai Apparel Fabrics – Autumn Edition stands ready... Read more
Beyond globalization, local consumer behavior rewriting fashion retail strategy
The traditional blueprint for global fashion expansion is being rewritten. For decades, apparel companies assumed globalization would gradually create a... Read more
Virtual wardrobes redraw retail boundaries as gaming platforms become fashion ec…
The boundary between physical clothing and digital apparel is rapidly eroding as gaming environments evolve into fully functioning consumer markets.... Read more
From Estimates to Audits: Virgin PET data disrupts global synthetic fiber econom…
The global textile industry is recalibrating how environmental impact is measured, priced, and regulated. While polyester continues to dominate global... Read more
Retail’s new growth map in China, rise of premium wealth, senior spending
For decades, global fashion and retail companies built their China strategies around the rapid expansion of an aspirational middle class... Read more
Post-peak correction global cotton markets adjust amid shifting fundamentals
Following a period of aggressive increase, global cotton benchmarks have entered a cooling phase. The bullish momentum that propelled prices... Read more
From Runway Blueprint to Retail Rack: How Milano’s ‘Ready to Show’ shapes global…
As the fashion elite prepare their calendars for the Spring/Summer 2027 runway shows, an equally vital, multi-billion-dollar machinery is quietly... Read more
Natural fibers gain ground as microplastic awareness alters apparel demand
The global apparel industry is entering a new phase of disruption as consumer concern over microplastic pollution begins to materially... Read more
Global cotton output declines, raising stakes for spinners and fabric makers
A simultaneous drop across the global natural fiber sector is reshuffle-mapping trading dynamics for international textile mills, yarn spinners, and... Read more
Apparel’s inflation premium in the US signals a tough road for retailers
The latest inflation data from the U.S. Bureau of Labor Statistics has conveyed an important warning for the fashion and... Read more












