Posts tagged "New Zealand Merino"

Wool fights back in global campaign to combat synthetics

[6 October/ Stuff] Best Wool Carpets, a leading European carpet producer, is preparing to launch a campaign promoting the virtues of New Zealand wool. It aims to counter some of the falsehoods propagated by the synthetic industry, such as that wool carpet fades in UV light. Best Wool Carpets Chief Executive Yvar Monasch said the...

NZ Merino hits record profit result

[22 September/ Radio NZ Rural] New Zealand Merino has announced an 18 percent increase in its full year profit to $2.7 million. Shareholders would receive a total dividend which represented a 38.3 percent return on the current share price. New Zealand Merino Chief Executive, John Brakenridge said this year’s financial success was due to the...

NZ Merino takes full ownership of joint venture with Silver Fern Farms

 [22 September/ National Business Review] New Zealand Merino will take full control of Alpine Origin Merino, which it previously owned in a joint partnership with Silver Fern Farms. Alpine Origin Merino has sold the Silere Alpine Origin Merino brand since the partnership was formed five years ago. New Zealand Merino Chief Executive, John Brakenridge said...

Old school thinking stunts export gains

 [19 August/ Business Day: NZ Farmer] New Zealand Merino Company Chief Executive, John Brakenridge said New Zealand was stuck in the past as it was trying to produce more low cost commodities rather than promote the fine products it already had. Mr Brakenridge added that New Zealand sold commodities at an export value of around...

Wools of NZ urged to merge with NZ Merino

[15 August/ Business Day: NZ Farmer] Former Wools of New Zealand (WONZ) Chief Executive, Ross Townshend said the co-operative should merge with New Zealand Merino as he did not believe its balance sheet would survive past 2018. Mr Townshend’s comment resulted in WONZ Chairman, Mark Shadbolt revealing that it would declare a net profit of...