Glerups extends wool contract with NZ Merino through 2017

Glerups extends wool contract with NZ Merino through 2017
Tina Morrison
By Tina Morrison Oct. 30 (BusinessDesk) - Glerups, the Danish woollen slipper maker, has extended its contract with New Zealand woolgrowers to meet increased demand for its product. The company inked a 2017 contract through the New Zealand Merino Company for 120 tonnes of wool for about $1.5 million, during a visit to New Zealand this week, and expects to return next year to secure a 2018 contract, said Glerups supply chain manager Jesper Glerup Kristensen, the son of the company founder Nanny Glerup. It also extended its 2016 contract by...