NAFFEM to close out slow international fair season

SANDY PARKER REPORT, VOL. 31, ISSUE 11, APR. 30, 2007
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
NAFFEM to close out slow international fair season
THE NORTH AMERICAN FUR & FASHION EXPOSITION IN MONTREAL THIS WEEK marks the final round of the international fair season which, up to this point, has not been as successful as in previous years. The problem, of course, was the mild winter that put a damper on retail sales of all outerwear – including furs – virtually around the globe and forced stores to carry over much more inventory than they would prefer. While a late, but nevertheless welcome, spurt of cold weather in February helped to reduce those stocks, retailers still tended to take a more conservative route in their preparations for the coming season as they attended each of the preceding fairs. More than a few, in fact, economized further by staying home.
This week’s fair could prove to be the exception, at least partly because of the failure of the others to maintain their attendance figures. This could be especially true in the case of North American retailers who passed up this year’s costly trip to the Hong Kong Fair and may be more inclined to visit Montreal.
THAT LAWMAKERS IN THE EUROPEAN UNION ARE RELYING ON MISINFORMATION from animal rights extremists is worrying the Fur Institute of Canada. Members of FIC’s Seals and Sealing Network recently returned from a European tour “shocked” by the level of ignorance displayed by European politicians on issues of human rights and wildlife conservation. “They are completely unaware of the grave impact their import bans would have on the livelihoods and cultures of hunters and fishers who depend on the hunt,” said Rob Cahill, FIC’s executive director. EU lawmakers, he said, “are on the verge of taking misinformation from animal rights extremists and turning it into laws that threaten the human rights of coastal people to use their natural resources.”
IN THIS ISSUE:
Price Stability Seen Aiding NAFFEM…
…but Buying Still Viewed as Cautious
Carryover Stocks Are Major Problem
Consumer Confidence Dips Again
Schumacher Sues City, Activists
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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