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Global sales of fur reached record levels



• World trade in fur now costs U.S. $ 15 billion ($ 4.5 billion in the EU, $ 10.6 non-EU)
• Asia continues to drive growth in the Chinese market and now accounts for 1/4 of total sales of fur
• sales to traditional markets resists economic downturn
• Skins reach a record price at auction
• Fur is a characteristic feature in the new collection Fall / Winter

International Federation of the fur trade has published a number of fur sales in the world 2010/2011rr., And they show strong growth over 7% (year term), despite the recession, reflecting the general trend in the luxury goods sector. In the long run, turnover increased by 70% compared with 2000/1. Asian markets of China, Hong Kong and Korea show significant progress while in Europe and North America sales increased because the price of skins at auctions reached record levels. In the USA sales returned to pre-crisis levels and is almost $ 1 billion.

Fur is still the main design history on the catwalks of New York, Milan and London, and such designers as Marc Jacobs, Mulberry and Gucci are targeted at returning of this suitable for wearing luxury. Retail sales in Europe remain brisk.

"In the current economic situation these figures are stunning," - said Mark Oaten, CEO of the IFTF. "They show that designers and consumers continue their love affair with this beautiful, strong and natural product. I am sure we will see higher growth rates next year because the prices at the last auction are breaking records. This proves that producers are willing to pay for quality, and consumers - to invest in luxury for the long term. "