Fur Apparel Imports to US Continue to Rise

SANDY PARKER REPORT, VOL. 34, ISSUE 41, DECEMBER 20, 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
Fur Apparel Imports to US Continue to Rise
FUR APPAREL IMPORTS INTO THE UNITED STATES rose again in October, continuing this year’s steady uptrend following two solid years of monthly declines.
But, after five months of major double-digit increases, imports in the latest month edged up only 5%, indicating that the bulk of the orders placed at the fairs overseas and in Canada earlier this year have now been delivered.
For the year to date, the value of imports from all sources showed an increase of 22.3% over the same period last year. Considering this year’s substantially higher price structure, that would indicate that the number of units imported was virtually unchanged, confirming earlier observations that retailers were moving cautiously.
Moreover, October’s increase was entirely in furs other than mink, as was the case in the two previous months and indicating that retailers were shifting into less expensive items.
IN THIS ISSUE
Chinese Probe Curbs Buying…
…Prices Ease at Danish Opener
Next War in Israel: Fur Trade?
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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