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Coronavirus (Covid-19) update for Fox & Lillie Rural Clients

Dear Clients, We have been working through the advice and guidelines from the Federal and State Governments on managing the spread of Coronavirus (COVID-19). All Fox & Lillie Rural stores are open for business, and we will endeavour to remain that way until further Government advice or industry issues which may impact our continued operation....
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Week 35 of Australian wool sales cancelled due to software cyber-attack

The Australian wool sales have been cancelled for week 35 due to an unprecedented malicious cyber-attack on the Australian wool industry’s main software program, Talman, which was held to ransom. This has caused major disruption to the industry, affecting not only the auction buying system, but the exporter and broker systems as well. Talman are...
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Make Your Next Knitwear Purchase As Eco-Friendly As Possible

As winter approaches areas in the Northern Hemisphere, consumer minds turn naturally towards cosy knitwear and after a long summer of climate-crisis headlines, shopping sustainably is becoming even more important. The longevity of wool makes it one of the most environmentally-friendly natural fibres around. As a natural and biodegradable fibre, some knits can even have...
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Australian wool prices under big pressure

The price of wool is falling steeply as China’s textile industry feels the fallout from the trade war with the United States, and European economies weaken. with industry leaders bracing for worse to come. Australian wool prices are back to 2016 levels with growers withdrawing bales from auctions after more price falls last week linked...
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Global Luxury Index on the rise – what this means for wool

The S&P Global Luxury Index which tracks 80 of the world’s largest publicly traded companies engaged in the production or distribution of luxury goods or services is sitting at an all-time high at 2844.89. The rise is driven by the surge of big spending Chinese shoppers “who are splurging at home, during trips to Europe...
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