The pricing on fur is going out of control. Fur prices have increased already 15% since December 1st on mink and doubled in price on raccoon skins. The strong global demand for fur, the cold weather in Europe and the companies buying fur pelts for speculation will add a sharper increase this fur selling season.
The prediction of male mink skins hitting $200 looks very possible within the next few months. A mink stroller that will use 20 mink skins will cost $5000 before manufacturing and profit.
The direction that the fur pricing is heading, only the top 1% will be able to afford. With such strong pricing, how much resistance will the public give? This remains to be seen, but there are fur garments in stock globally that was purchased before the increases. These already manufactured furs will be able to help the customers absorb some of the shock of the new fur price increase.
Marc Kaufman Furs
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