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Wool prices boosted by rise of knitted sneakers

30/01/2018

The price of wool climbed 30% in 2017 on the back of increased use of the material in knitted sneakers and garments, according to Australian Wool Innovation (AWI), which represents 24,000 growers in the country.  Adidas, Nike and Puma are among the sportswear brands using wool in sneakers and athletic clothing. This has contributed to rising...

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