Monday, May 20, 2013

Australia's Woolmark Seeks to Expand Wool Textile Industry in Vietnam

The Woolmark Company anticipates its Out of Vietnam project will generate growth in the Vietnam wool processing industry, resulting in increased demand for Australian Merino wool, according to a Woolmark report released this spring. To see the full story go to http://www.woolmark.com/out-of-vietnam2. Note this quotation:
"We have already expanded from the initial flat-bed knitting sector and have introduced circular knits, socks and accessories to the project. We are also in the process of setting up a supply chain with the weaving sector to make men’s suits and separates."

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