The ancestral wool mills in Italy, in order to meet the increasing demand from US, have now started to expand.
Helen Cathles of the Australian Superfine Woolgrowers Association, who has been exploring the mills in UK, Turkey and Italy, said that, as the economic conditions are getting better-by-the-day, this is providing a boost to these mills.
Cathles said that, the mills that have opted to stay back in Italy, rather than re-locating their processing to China, are now contended with their move.
She further said that, she is indeed very proud of this, as according to her if one explores, they will find that businesses of these mills, which stayed back, are now functioning successfully, few of them have even expanded themselves, and the remaining have re-focused their targets.
It is indeed a promising situation as the ones who have continued to be in the business hold incredibly positive attitude.
Fibre2Fashion News Desk - India
20240830145952.gif)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
