Yarn Industry News Update: Spring 2019
The yarn industry appears to be in the midst of industry-wide consolidation, with this quarter seeing even more acquisitions/mergers. Diversity in the industry and concerns over the inclusion of knitters/crocheters of all races, religions, genders, ages, sizes and socio-economic statuses has been the largest topic of discussion this quarter. Although the topic has simmered for years (decades?), the popular discussion began on Instagram in February and began on Instagram before moving to other social media networks and live events. Here’s a roundup of the latest news.