Fur Stores Say November was “OK”

SANDY PARKER REPORT, VOL. 34, ISSUE 39, DECEMBER 6, 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 Stores Say November was “OK”
NOVEMBER TURNED OUT TO BE A ‘DECENT’ MONTH FOR U.S. FURRIERS, some just about meeting last year’s figures and a few going slightly ahead. Inconsistent weather conditions were blamed for the irregular pattern, much the same as what they recalled describing last year’s month. As far as the ailing economy and its impact on their clients’ attitudes are concerned, they see no greater problems than a year ago and possibly a bit less. This year’s substantially higher prices may be responsible for an increasing tendency for customers to bargain – and for some to bargain harder than before.
But they also see a larger drift toward smaller, less expensive items. While sheared mink in jackets and short coats continue to be the biggest sellers for most, they say clients are showing increased interest in section-fur items, mostly mink. Fur hats, neck pieces and other accessories are also moving.
IN THIS ISSUE
Sales Sparked by Colder Temps
‘Discretionary Items’ Being Bought
Consumer Confidence Up Again
Stores Say November was ‘OK’
China Reopens Customs Probe
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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