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The second sale of the 2015 winter season took place in Port Elizabeth on August 25, with 125,604 kilos on offer and 96.8% of the offering sold.
Insight1 Sept 2015At the South Island wool auction on August 27, crossbred wool prices generally consolidated despite the weighted currency indicator reducing by 2.31% from 0.6229 last week to 0.6090. There appears to be a lack of confidence in global markets which is creating some uncertainty with the New Zealand dollar, which weakened from 0.6604 last week to 0.6455.
Insight28 Aug 2015Dr Jan Beringer will present the results of Hohenstein’s current research study on the physiological and thermophysiological impact of compression garments in a free webinar, being aired on Wednesday, 9 September at 12 noon.
Insight27 Aug 2015The announcement of a $25 million private-equity investment in US fabric-on-demand printer Spoonflower is a landmark moment for the company – not least because it is to be the occasion for international expansion, with the opening of a European office in Berlin.
Insight26 Aug 2015The favourable exchange rate of the euro, together with a focus on technical weaving lie behind a successful first half of 2015 for Picanol. Picanol Group realised a consolidated turnover of €259.8m, an 18% increase in comparison to €219.9m in the first half of 2014. Both divisions saw their turnover increase based on higher volumes in the first half of 2015.