Home / Knowledge / News / Textiles / Wool Partners' Shareholders Council will be grower driven
Wool Partners' Shareholders Council will be grower driven
Jan '11
A Shareholders Council will be established to provide a voice and feedback mechanism for grower shareholders of Wool Partners Co-operative Limited.

The council will also provide a forum and sounding board for the directors of the strong wool co-operative to consult on matters that impact on the future direction of the business and the returns growers are likely to receive.

Wool Partners Co-operative Chairman Jeff Grant says the Shareholders Council will formalise a process similar to the Grower Advisory Team (GAT) which has been working with directors on aspects of the launch of the business and, in particular, the raising of the initial capital from growers.

“The GAT has done exceptional work in contacting growers and helping to get the co-operative launched and road testing some of the options as the prospectus float has proceeded. The aim now is to create a recognised group that can assist in promoting an understanding of how the co-operative works and provide an effective two-way communications channel between growers and directors.”

The GAT will help establish the Council and its future working model. One of the first tasks for the Council will be to assist the Board in setting up Grower Pools for strong wool growers to participate in.

“The Council will be grower driven. Neither the directors, or the current GAT, envisage the Council being an expensive additional burden on the Co-operative or the returns to growers,” Mr Grant says.

“We see the Council as a means for growers to actively participate in the operations of the Co-operative which as growers they will own. It will be a fundamental change for many growers who have not been involved in processing and marketing of their wool after it has left the farm.”

Wool Partners Co-operative Ltd

Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


July 2017

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

news category

Related Categories:

Planning to Take the Leap towards

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

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

Yes No

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

Yes No

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

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