Fur Apparel Wholesale Prices Seen Rising

SANDY PARKER REPORT, VOL. 34, ISSUE 44, JANUARY 17, 2011
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.
Subscribe now and receive all the latest news, either in print or electronically. Just $150 a year for 48 issues! Sandy Parker Reports, 21219 Lago Circle, Boca Raton, FL 33433; Tel: (561) 477-3764; Fax: (561) 862-7052; SParker@SandyParker.com; www.sandyparker.com
International Fur News
with Sandy Parker
Fur Apparel Wholesale Prices Seen Rising
WHOLESALE PRICES OF FUR APPAREL, WHICH HAVE BEEN ON THE RISE FOR MORE THAN A YEAR, can be expected to continue upward. Not just because skin prices may rise further – which at this point would only be speculation – but more likely due to steadily rising inflation rates in China, the main producer of fur garments for the U.S. and many other markets.
Although labor has become a minor factor in the price of a fur garment, this has been true only for the past three decades or so. Until South Korea – which preceded China as an inexpensive labor resource – was trained (by Americans) to manufacture furs, the labor factor was much greater, largely because of the involvement of fur unions. But Korea’s subsequent economic development had the effect of turning its manufacturers’ targets inward. That is when Hong Kong began to get more play from outsourcers in the U.S. and elsewhere.
IN THIS ISSUE
January Sales Moving Ahead
Continued Cold a Key Factor
Remodel Business Called Big
Wild Furs Find Good Demand
Wholesale Prices Seen Rising
For extracts from back issues of Sandy Parker Reports see News Index. Subscribers can access an archive of complete issues at www.sandyparker.com.
-
For further information contact Fur Commission USA.
Home
© 1998-2011 Fur Commission USA