Early Cold Sparks China Fur Sales

SANDY PARKER REPORT, VOL. 34, ISSUE 34, NOVEMBER 1, 2010
The following extract is reproduced with permission from Sandy Parker Reports, Weekly International Fur News. Sandy Parker has been covering the fur industry for more than four decades. For most of that time he has published a weekly newsletter, detailing results of international pelt auctions, wholesale price trends, business developments and movements in the trade, as well as economic and political activities that may impact on it.
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International Fur News
with Sandy Parker
Early Cold Sparks China Fur Sales
THE EARLY ARRIVAL OF COLD TEMPERATURES IN NORTHERN CHINA sparked good retail traffic and, serendipitously, coincided with the grand openings of two huge fur/leather shopping malls.
The new centers are a reflection of the projected further growth of China’s domestic fur business, already the world’s largest. And, with its 1.3 billion population becoming more able to afford luxuries, they plan to be in a position to meet that demand.
One is the Xinji Leather Market occupying nearly 4 million square feet in Hebei Province, just south of Beijing.
The other, covering almost 2 million square feet, is the Haining China Leather Market in Tong Er Pu, one of the major fur manufacturing areas. That center consists of 700 shops, of which 300 are fur and the rest leather.
Both openings were the culmination of several cooperative arrangements signed last year with Kopenhagen Fur.
IN THIS ISSUE
U.S. Consumer Confidence Up a Bit
Holiday Sales Outlook Brightens
Election Results to Clear the Air…
…Stores See Traffic Picking Up
Early Cold Sparks China Sales
For extracts from back issues of Sandy Parker Reports see News Index. Subscribers can access an archive of complete issues at www.sandyparker.com.
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