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
AI goes invisible as fashion brands rewire design studios
The fashion industry's digital transformation is entering a new phase. After investing heavily in sophisticated 3D computer-aided design (CAD) platforms... Read more
Natural fibers gain ground as global retail pushes back against polyester
A change is underway across the global textile industry as consumer preferences begin to alter sourcing decisions that have long... Read more
From exclusivity to engagement, luxury retail rewrites its growth strategy for 2…
The global luxury industry is entering a different growth cycle. After years of post-pandemic spending riding on affluent consumers and... Read more
Shaping the future of fashion at BRICS+ 2026
The upcoming BRICS+ Fashion Summit in Moscow promises to be a pivotal international gathering, offering a dedicated platform for fast-growing... Read more
The 10.3 mn-tonne cotton trade boom will be driven by scarcity, not surplus
The global cotton trade is entering an unusual expansion phase. Trade volumes are expected to rise steadily over the next... Read more
From Volume to Value: How fashion supply chains are defending margins through 20…
For decades, the global textile and apparel industry measured success through factory utilisation. Full order books, high machine occupancy and... Read more
The new retail math, smaller footprint, faster returns, sharper focus
The US retail industry is passing through one of its most impactful change in decades. What appears on the surface... Read more
The Operator Economy: China is rewriting the rules of global brand ownership
For decades, Western brands relied on centralized control over design, distribution, merchandising, and retail expansion in China market. That model... Read more
US cotton blacklist reshapes global textile supply chains
The US’ latest expansion of the Uyghur Forced Labor Prevention Act (UFLPA) Entity List is more than another trade sanction.... Read more
Lean stores, stronger margins, H&M's strategy reflects global retail reset
Profits are taking precedence over physical expansion in global apparel retail today. Years of building extensive store networks are giving... Read more












