Fashion company Lora Piana buys wool bale for $63,000
28 Apr '06
1 min read
Finest bale of wool has been sold for around $63,000 in Australia.
The bale was of 11.7 micron sold in Victoria's Wimmera region for 70,000 cents a kilogram to Italian fashion company, Lora Piana.
Ian Appledore, the person who received this hefty amount was quite happy for the obvious reasons.
The current company - Ing. Loro Piana & C - was established in 1924 by Pietro Loro Piana.
Loro Piana owns 83 stores worldwide that distribute luxury sportswear and leisurewear for men, women and children, knitwear, accessories, home collection, bags, shoes and small leather goods, and one of the most complete made-to-measure services available in the market.
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