Wednesday, 31 July 2024 14:05

WNZ signs Chinese branding agreement

Written by  Staff Reporters
Wools of New Zealand has signed an agreement with leading Chinese rug and manufacturer Yangxin Ruixin Group. Wools of New Zealand has signed an agreement with leading Chinese rug and manufacturer Yangxin Ruixin Group.

Wools of New Zealand has signed an agreement with leading Chinese rug and manufacturer Yangxin Ruixin Group for the company to use Wools of New Zealand branding on its products.

While, Wools of New Zealand already has an extensive trade partner network internationally, this is the first arrangement the farmer-owned company has entered into with a Chinese manufacturer to produce branded products.

The agreement was signed by Wools of New Zealand chief executive John McWhirter and Jimmy Huang of Yangxin Ruixin in Christchurch.

“We already work with a New Zealand exporter to China and supply a yarn spinner who sells out farmers’ product into a range of companies in the Chinese market,” says McWhirter.

“However, this is our first agreement with a Chinese company producing branded products,” he says.

The agreement means Yangxin Ruixin will be able to use the Wools of New Zealand logo on their products that contain at least 60% Wools of New Zealand-supplied fibre.

“This is adding to the growing list of Wools of New Zealand partners taking the New Zealand wool story to international consumers,” McWhirter says.

He says Yangxin Ruixin and the Chinese Embassy approached Wools of New Zealand to discuss establishing the branding agreement.

Huang was in New Zealand as part of a visiting Chinese delegation.

Yangxin Ruixin was founded in 1998 and is located in the Shandong province. It sells its products under the Silktouch brand in China while exporting under the Ruixin brand.

It produces a range of types of carpets and rugs for the commercial, hospitality and residential markets and operates the largest hand-tufted factory in China, with 3,000 employees.

McWhirter says an advantage of the agreement is the ability of Yangxin Ruixin to monitor any Chinese manufacturers falsely claiming to be using Wools of New Zealand wool.

“Counterfeit wool claiming to be New Zealand wool does get sold,” McWhirter says. “We have taken action in the past against companies using our logo without permission.”

“However, it is hard for us to police that in China so it is very good to have a partner and ‘eyes in the market’ there,” he says.

“Working with Yangxin Ruixin means they have a brand authenticated product and an interest in protecting the brand,” McWhirter concludes.

More like this

Editorial: Elusive India FTA

OPINION: Without doubt, a priority of the Government this year will be to gain traction on the elusive free trade deal with India.

Tariff risk

OPINION: Some commentators across the ditch reckon the second Trump administration's anticipated trade protectionism, coupled with China's economic fragility, poses a significant risk for Australia's agricultural export industries.

UAE trade deal - a game changer

OPINION: In a landmark move that could reshape New Zealand’s agricultural export landscape, the recently signed Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates opens up unprecedented opportunities for our farming and dairy sectors.

UAE FTA signed

New Zealand’s free trade deal with the United Arab Emirates (UAE) has now been signed.

Featured

Fruit fly discovery 'concerning'

Horticulture New Zealand (HortNZ) says that discovery of a male Oriental fruit fly on Auckland’s North Shore is a cause for concern for growers.

Fonterra updates earnings

Fonterra says its earnings for the 2025 financial year are anticipated to be in the upper half of its previously forecast earnings range of 40-60 cents per share.

Nedap NZ launch

Livestock management tech company Nedap has launched Nedap New Zealand.

National

FE survey underway

Beef + Lamb NZ wants farmers to complete a survey that will shed light on the financial toll of facial…

Top dairy CEO quits

Arguably one of the country's top dairy company's chief executives, Richard Wyeth has abruptly quit Chinese owned Westland Milk Products…

Machinery & Products

New home for JCB Agriculture

Power Farming has announced a new chapter in its partnership with JCB, which having represented the UK-based company’s construction equipment…

CAT's 100th anniversary

While instantly recognised as the major player in construction equipment, Caterpillar Inc, more commonly known as CAT, has its roots…

» Latest Print Issues Online

The Hound

Ruth reckons

OPINION: Ruth Richardson, architect of the 1991 ‘Mother of all Budgets’ and the economic reforms dubbed ‘Ruthanasia’, added her two…

Veg, no meat?

OPINION: Why do vegans and others opposed to eating meat try to convince others that a plant based diet is…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter