Mohair (pronounced /ˈmoʊhɛər/) is a fabric or yarn made from the hair of the Angora goat. Both durable and resilient, mohair is notable for its high luster and sheen, and is often used in fiber blends to add these qualities to a textile. Mohair takes dye exceptionally well.
Mohair is durable, naturally elastic, flame-resistant and crease-resistant. It is considered a luxury fiber, like cashmere, angora, and silk, and can be more expensive than most sheep's wool.
Source: Wikipedia