Panda Yarns began in 1963 as an importer of fashion hand-knitting yarns but gradually shifted emphasis to supplying high-volume markets with basic synthetic yarns. By the late 1980’s Panda had grown to be the largest supplier of hand-knitting yarn in Australia, concentrating mainly on locally-produced yarns.

Today, Panda has a range of yarns from basic to fancy, that offer quality at a good price with a vast choice of colour, texture and fibres to meet the changing needs of knitters, charity and craft workers. Panda's current range of qualities and pattern designs are distributed widely throughout Australia and New Zealand.