U.S. May imports of fur apparel rise sharply

SANDY PARKER REPORT, VOL. 34, ISSUE 23, JULY 19, 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.
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
U.S. May imports of fur apparel rise sharply
IMPORTS OF FUR APPAREL INTO THE U.S. ROSE SHARPLY IN MAY, confirming earlier reports that Americans spent more at the international fairs this year.
According to the latest Commerce Dept. data, virtually all suppliers shipped in more than they did in last year’s month. The total was nearly 50% greater than a year ago but, since May is not among the major months for imports, percentages can be misleading.
Receipts from all sources amounted to $7.5 million, versus $5.1 million last year. This consisted of $3.8 million in mink garments, an increase of 42%, and $3.7 million in other furs, up 56%. This brought the five-month aggregate to $21.7 million, an increase of 17%. The total included $11.8 million in mink, up 12%, and $9.9 million other, an increase of 23%. The increases also reflected this year’s higher prices.
Hong Kong/China was the biggest supplier, accounting for nearly half the month’s total.
IN THIS ISSUE
Summer Doldrums Setting In…
…but Outlook Appears Brighter
Chinese ‘Engine’ Running Well
Russia, Korea also Returning
U.S. May Imports Rise Sharply
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