Global Fur Sales Up for Eighth Straight Year

Newly released global sales figures show that fashion-savvy consumers invested a massive US$13.49 billion in fur for their wardrobes in 2006.

The latest data, covering retail sales of full fur garments, trim and accessories for the 2005/06 season, shows a 5.6% increase on the previous year's results, reports the International Fur Trade Federation.

Industry analysts point to a number of key trends driving the increase in sales figures:

• More and more consumers are being drawn to the versatility and luxury of modern fur garments, which are lightweight as a result of new manufacturing techniques but also provide warmth and style.
• Leading designers continue to show exciting and innovative fur creations on the catwalk, as seen during the recent Autumn Winter Ready-to-Wear 2007-08 collections.
• The price of raw fur skins increased during this period. This is reflected in the higher retail price, which consumers have readily accepted.
• East European, Russian and Far Eastern markets have continued to grow.

The survey has been carried out annually by the International Fur Trade Federation within its membership since the 1998/99 season.

"Full fur continues to be very popular, but we are also witnessing a major trend for more casual fur pieces and accessories to suit every occasion, as we saw recently at the Ready-to-Wear collections where fur trim was very prominent," said IFTF Chairman Andreas Lenhart.

For further information visit www.iftf.com, or e-mail pressoffice@iftf.com.

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