. The ICE cotton market maintained its resilience, registering modest gains across various contracts, despite some disappointing data on US cotton export sales. Traders kept a keen eye on market dynamics, with the rally in crude oil prices and a weaker dollar index offering support to cotton prices.
Australian wool growers had reason to celebrate last week as rain graced many of the country's wool-growing regions, injecting positivity into the wool auctions. Buyers showed keen interest in all types and descriptions of wool, with a particular focus on lots with lower levels of vegetable matter (VM), indicating a preference for higher-quality wool.
In a move set to enhance the strategic prowess of C&A BV, the Supervisory Board proudly announces the appointment of Marcos Grasso as its newest member, effective from June 1st, 2024. Grasso’s addition brings a wealth of invaluable consumer and fashion retail expertise to the C&A BV Supervisory Board. A seasoned executive, Grasso boasts a remarkable track record in driving business transformation across diverse industries. With over 25 years of international experience in executive roles within consumer goods giants like Warner-Lambert, Pfizer, Cadbury, and Kraft Foods/Mondelez, Grasso is primed to offer invaluable insights and leadership.