Related Keywords: Australian wool clip, Australian wool innovation, Gucci, luxury brand, wool grower, wool price, Woolmark, Zegna brand
Australian Wool Innovation (AWI) at its last annual general meeting had announced that the Australian wool clip had increased in value by $800 million in five years. Yet wool growers are struggling to make ends meet.
As the wool price continues to fluctuate at narrow profit levels and the bleeding of producers to other enterprises such as prime lambs continues.
