He is well known for his passion for plants, but this may be the strangest crop the Prince of Wales has yet tried to raise. Prince

A woman who stole thousands of dollars worth of wool told police she needed money to help pay for a family funeral. Flora Elizabeth

NZ Merino has signed a five-year, $45 million deal to supply fine wool to Italian luxury fabric manufacturer Successori Reda.

A rejigging of Cavalier Bremworth's operations will see up to 68 jobs lost from Whanganui and 36 from Christchurch.

Cavalier Corporation has started consultation with its manufacturing staff in Christchurch and Whanganui in relation to a proposed consolidation of its carpet operations.

New Zealand wool prices held firm at auction even though buyers from China, the country's largest export market, were absent.

Wool prices rose at the first auction following the Christmas and New Year holiday period, helped by the lower New Zealand dollar.

The Commerce Commission approved a plan for Cavalier Wool Holdings to acquire New Zealand Wool Services International's wool scouring business and assets.

Glerups, the Danish woollen slipper maker, has extended its contract with New Zealand woolgrowers to meet increased demand for its product.

New Zealand lamb wool prices jumped to a record high amid strong demand from exporters and limited supplies.

If NZ taxpayers have provided a businessman with a sheep farm in compensation for his loss, it raises many more questions than Minister Murray McCully has been inclined to answer.

New Zealand's smallest annual wool clip in six years reflects the lowest sheep flock in more than 70 years.

Wool auction volumes are set to increase next week as farmers who have been holding out put their bales on the market.

New Zealand wool prices rose at auction, with lamb wool touching a fresh four-year high and crossbred wool hitting a six-month high, stoked by a weaker local currency and low seasonal supply.

Sheep meat prices have fallen by about 10 per cent over the past two months, driven by a drop in demand in China and difficult conditions in another important export market - Britain.

Wool prices have recovered some lost ground and are expected to remain steady throughout the year, says ASB Bank in its latest commodities report.

New Zealand wool prices remained steady at the latest weekly auction as volumes decline following the end of the main shearing season.

The New Zealand Merino Company, which markets wool to customers on behalf of suppliers, has inked an $8 million one-year deal to supply 600 tonnes of New Zealand fine and medium micron wool to US....

Kiwis are used to making a living off a sheep's back.

A new incarnation of Shrek the Sheep goes on public display today. The male merino gained global fame after evading capture for six years and acquiring a phenomenal 27kg fleece.

Online retailer ASOS has joined a host of upmarket shops in banning angora products over a viral video exposing the cruelty that rabbits suffer.

A New Zealand-developed process for dying wool hailed as a world first in the textile industry has been snapped up by a US active wear manufacturer.

Workers who will lose their jobs when the Summit Wool Spinners' Oamaru plant closes could struggle to find work and may have to move, the Otago Chamber of Commerce says.

Summit Wool Spinners' Oamaru plant - the second biggest employer in the town - is to close with the loss of 192 jobs