Knitted Sneakers Are Kicking Wool Prices to Record Highs
Samples of colored woolen yarn are seen at Axminster Carpets Ltd’s factory in Axminster, U.K. (Photographer: Chris Ratcliffe/Bloomberg)

Knitted Sneakers Are Kicking Wool Prices to Record Highs

(Bloomberg) -- New uses for wool in sneakers such as Adidas AG’s marquee Ultra Boost helped drive prices to a record. They’ll only climb further this year, according to growers in the world’s bigge...
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