Home / Knowledge / News / Textiles / AWI streamlines business to maximise value for woolgrowers
AWI streamlines business to maximise value for woolgrowers
28
Jul '08
Australian Wool Innovation Ltd (AWI) announced a realignment of resources following an extensive review of the operations based in Melbourne, Ilkley in the United Kingdom and Lisbon in Portugal.

As a result AWI has taken the business decision to transfer functions to India and Sydney resulting in a significant cost saving, and to transfer the Portugese operation to Spain.

According to the Chief Executive of AWI Craig Welsh the decision is good business and continues the evolution of AWI into a world class operation.

“Our decision to relocate the Interior Textiles operation to India will effectively bring this function closer to where the carpet is manufactured,” he said.

“This is about working smarter to give wool growers maximum value for their investment by reducing overheads.

“Restructuring to date has eliminated Woolmark inefficiencies and saved woolgrowers in the order of $5 million per year.

“These savings will be put to use growing longer term demand as part of a new business model.

“Between 85% and 90% of woolgrowers' levies are attributable to Merino wool production for the apparel sector.

“So while AWI is still in the interior textiles business, it's smart to be closer to the manufacturing base to ensure resources are maximised for this sector.”

Mr Welsh said the decision was made with full consultation with the managers of the areas concerned … Interior Textiles, Market Intelligence and the Woolmark Licensing/Administration.

He said it made sound business sense to locate the Market Intelligence function in Sydney which will ensure that it's fully integrated with the company and continues to provide valuable information for Australian woolgrowers.

The transfer of the Woolmark licensing and administration functions to Sydney will result in better communication and execution of AWI's business model.

“With the imminent roll-out of the new marketing and branding strategies, it is imperative that the various functional areas responsible, work cooperatively and closely,” Mr Welsh said.

Consultation has commenced with nine staff members in Ilkey affected by the decision.

The Melbourne and Ilkley offices will close by 30 November 2008.

In line with the new strategic direction of AWI, it was also decided to transfer the representative office in Lisbon Portugal to Barcelona in Spain.

Mr Welsh said a new global retail business had emerged in Spain and AWI needed to work more closely with key accounts in retail in that country.

The Lisbon office will cease operations at the end of August.

The changes have affected 17 staff, five of them in Australia which is in addition to the earlier redundancies from the Woolmark business of 30 employees around the world.

Australian Wool Innovation Limited


Must ReadView All

Europe fights against microplastic release from textiles

Textiles | On 18th Jan 2018

Europe fights against microplastic release from textiles

The European Commission, the institution of the European Union, has...

Egypt starts building biggest textile city in Al-Sadat

Textiles | On 18th Jan 2018

Egypt starts building biggest textile city in Al-Sadat

Egypt has started construction of the biggest city for textiles and...

Vietnam targets $20 bn from export of footwear, bags

Apparel/Garments | On 18th Jan 2018

Vietnam targets $20 bn from export of footwear, bags

Vietnam targets to earn around $20 billion from the export of...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

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...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search