By  on March 27, 2017
woolmark wool

Bolstered by the integration of wool into premium workout gear and casual suiting, the fiber's popularity is on the rise. Aside from activewear and ath-leisure, the wool market is also getting a boost from shoppers looking to up their eco-friendly shopping habits. Unstable economic conditions are also steering consumers toward apparel made of wool as it's seen as a better investment.

Overall, business is good. According to the United States Department of Agriculture’s Commodity Credit Corporation, the cost of wool has increased dramatically. In the most recent annual period, the price per pound for less than 18.6 microns of graded wool increased from $3.95 to $4.68 — costs raised from $1.21 to $1.32 per pound of 29 or more microns of graded wool, the USDA said.

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