Home / Knowledge / News / Textiles / Historic opportunity for wool growers to take control of their industry
Historic opportunity for wool growers to take control of their industry
07
Feb '11
On 16 February 2011 the Wool Partners Co-operative capital raise will close – there will be no further extensions. This offer was launched with the aim of uniting growers in a grower-owned co-operative. Its main objective is to maximise returns for strong wool. This approach has worked successfully in the dairy and kiwifruit industries – it can work in the strong wool industry too!

The capital raise is conditional on getting a minimum level of support; 55 million kilograms of strong wool – a bit less than half of the shorn strong wool clip. We are short of this target.

We have never claimed that our proposal is perfect but it is a solid starting point. From there it can evolve into an organisation that meets the needs of wool growers and the international market.

Despite a very deliberate campaign run against Wool Partners Co-operative and its directors we have continued to take the high ground. The same cannot be said by those threatened by a grower-owned co-operative – they have run a smear campaign opposing the offer. In the process they have offered nothing new but continue to regurgitate the strategies that have failed the industry for the last twenty years.

A return to the status quo denies growers the opportunity to reshape their industry for their benefit. This must not be allowed to happen.

Wool Partners Co-operative Offers

• 100% grower ownership of the co-operative and Wools of New Zealand
• Primary focus on maximising grower returns
• Creation of an integrated value chain and potential ownership of scours
• Growing demand and market premiums through the Wools of New Zealand and Laneve brands
• Delivering premiums to growers
• Contracts and stability of current prices

The Status Quo

• Fragmentation of the industry
• Increasing off-shore ownership
• Continuation of the failed strategies of the past
• Wasteful and obstructive competition between New Zealand suppliers in the international market
• Commodity approach to sales and marketing
• No-one motivated to maximise returns to growers
• Volatility of prices

Unless there is a significant increase in the number of share applications received from growers over the next week it is likely that the capital raise will not succeed.

We have done all that we can to present growers with the best opportunity wool growers have had for a very long time – it is over to you as growers to determine whether you believe enough in the future of sheep farming in New Zealand to be prepared to invest in it. Growers sitting on the fence with a 'wait and see' approach will determine the outcome of this capital raise. Recent prices rises are good for growers but the current model offers no way of stabilising these increases.

Wool Partners Co-operative


Must ReadView All

Textiles | On 20th Sep 2017

India needs to double cotton farmers’ income: top official

India needs to double the income of cotton farmers and non-farmers...

Textiles | On 20th Sep 2017

Pakistan seeks more JVs with China: textile minister

The Pakistani Government wants to forge more joint ventures (JVs)...

Apparel/Garments | On 20th Sep 2017

Egypt’s garment exports touch $941 million in 8 months

Egypt's garment exports touched $941 million in the first eight...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Suresh Patel
Sidwin Fabric

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

Nisha Chanda
Whistling Woods International School of Fashion

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

Prathyusha Garimella
Prathyusha Garimella

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

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 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
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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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