The NZMC said the deal reflected the high value of the country's merino wool © NZ Merino Company
The NZMC said the deal reflected the high value of the country's merino wool © NZ Merino Company

Icebreaker's $100m wool deal is 'longest contract ever'

13 November 2017

New Zealand (NZ) outdoor clothing company Icebreaker has signed what is claimed to be the longest ever supply contract with merino wool farmers, worth $100m over 10 years.

The Auckland-based company said it signed the deal with New Zealand woolgrowers in collaboration with The NZ Merino Company (NZMC) to ensure it had a long-term supply of the fibre.

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