Home / Knowledge / News / Textiles / AWI makes significant progress across all business areas
AWI makes significant progress across all business areas
23
Nov '12
The Annual General Meeting of Australian Wool Innovation (AWI) heard of the headway made across wool research, development and marketing over the past 12 months.

AWI’s role is very broad; from helping woolgrowers protect their flocks from wild dog attacks through to influencing the world’s major fashion houses to use more Australian wool in their next big collections.

Addressing the AGM, broadcast live at wool.com, AWI CEO Stuart McCullough said the company had changed significantly in recent years but continued to focus on delivering results for woolgrowers.

“Flies, lice, dogs, shearer training and genetics/genomics are at the core of AWI’s expanding on-farm research investment. We also work with hundreds of retail and brand partners, putting wool in front of consumers in all key markets. The measurement of these marketing investments proves we are influencing the demand for wool.”

For the 2011-12 Financial Year, the AWI project spend increased from $24.3 million to $40.5 million. With an income of $73.9 million, the operating surplus was $7.8 million.

“We have made significant headway across all areas of the business this year. AWI is a very different organisation to four years ago and the independent review of performance released in August are testament to this,” Mr McCullough added.

At the AGM, the 2012 WoolPoll figures were also released. A record total of 60.94% of eligible votes were returned by 41.72% of voters as part of the triennial vote. Mr McCullough confirmed the 2% vote was successful, with 60.34% of votes nationally supporting a levy of 2% or more.

“There are a number of important trends that we must address and consider for the future. It is interesting to note support for the 0% option reduced considerably. We will take some time to review the results in detail, talk to growers and see how we can continue to improve the way we do things”.

AWI remains focused on getting on with business to continue delivering results for woolgrowers both in the paddock and in retail stores around the world.

Australian Wool Innovation (AWI)

Must ReadView All

President Tsai Ing-wen delivering remarks before boarding her plane bound for Central America. Courtesy: Presdient's office

Textiles | On 16th Jan 2017

‘Textiles at centre of Taiwan’s new trade arrangements’

Textiles should be at the heart of Taiwan’s thinking while developing ...

Apparel/Garments | On 16th Jan 2017

Ralph Lauren develops policy on tracking wood based fabrics

In a bid to trace source of wood based fabrics like viscose and rayon ...

Apparel/Garments | On 16th Jan 2017

EC proposes enhanced market access for Sri Lanka

The European Commission (EC) has proposed that a significant part of...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search