U.S. fur apparel imports up again in June

SANDY PARKER REPORT, VOL. 34, ISSUE 24, AUGUST 16, 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
U.S. fur apparel imports up again in June
U.S. IMPORTS OF FUR APPAREL SURGED AHEAD AGAIN IN JUNE on the heels of a sharp rise the previous month, further indication that the trade was restocking after a decent retail season.
According to the latest Commerce Dept. data, June imports from all sources jumped 56% to a total of $11.6 million. This consisted of $6 million in mink garments, an increase of 76%, and $5.6 million in other furs, up 39%.
This brought the year’s total for the first six months to $33.3 million, an increase of 28% over last year at this time. The breakdown showed that mink accounted for 27% of that at $17.8 million and other furs 29% at $12 million.
Virtually all of that increase came from Hong Kong/China, the country’s largest supplier. June imports from that source soared to $6.9 million, or 151% over last year’s month.
IN THIS ISSUE
IFTF Updating Its Operations
Gears for Future Challenges
Mink Prices Near Peaks
Trade Wins in Label Wrangle
U.S. Imports Up Again in June
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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