Fur Prices Rise on Strong Global Demand
Pelts sell at record high prices at Saga Furs auction
Demand for furs is increasing and prices are going up
Hooded Casper Demi Mink Coat, Now only $4495 on Clearance at Marc Kaufman Furs kaufmanfurs.comSaga Furs Oyj, a company established by Finnish fur producers, made the best results in its history of 73 years in the financial period from September 1st 2010 to August 31st 2011.The international fur auction held at the Fur Centre in Vantaa every spring and the annual auction held in Copenhagen are the largest fur auctions worldwide. In the spring auction of last year, the value of skins sold was more than EUR 250 million.
Even though financial crises have hit everywhere in the world, the fur business is doing better than ever before.
After last spring’s auction, the company found itself in the enviable position of having to issue a positive profit warning.
The company’s operating profit was EUR 14 million, with a net turnover of about EUR 50 million. The total sales of pelts – amounting to approximately EUR 600 million – also reached an all-time record. More than half of the sales proceeds were channelled into the Swedish-speaking rural areas of Ostrobothnia as export revenues.
For example Nykarleby (Uusikaarlepyy) in Central Ostrobothnia (pop. c. 7,000) was blessed with an income of EUR 54 million from the sales of pelts.
Already last year, the value of blue fox skins grew by 30 per cent from the previous auction.
Finnish fur producers account for 99 per cent of all blue fox skins sold worldwide, reports Jorma Kauppila, a fur farmer from Lohtaja and the Chairman of the Board of Saga Furs.
According to Kauppila, the unit price for a fox skin was EUR 125 in December.
”The price seems to be getting better, as the supply and demand situation has turned out to the seller’s advantage”, Kauppila notes.
About 70 to 80 per cent of all furs in the world are brown mink pelts. On Thursday, grey mink pelts were sold at the Fur Centre in Vantaa for EUR 50 to 120 apiece.
Around 300 of the roughly 500 buyers in Vantaa this week are from China, reflecting that country’s strong growth in the fur market, while other big players were seen from Korea, Russia, Turkey, Italy, and Greece.
The most valuable pelts are the skins of genetically-modified foxes, which are the prime products of Finnish crossbreeders. Some years ago, Chinese fur farmers tried to get a foothold in the fox market, but they had to throw in the towel.
”The genetically-modified foxes are a result of Finnish genetics know-how and Finnish fur farming expertise. We are proud of having at least this field in which we manage to outperform the Chinese”, Kauppila reports.
During an auction, Saga Furs employs about 1,000 people, while the average annual number of staff is about 250.
There are now about a thousand fur farms in Finland, while as recently as in the 1980s the number was about 5,000.
Since 1910 the Marc Kaufman Fur Family has been manufacturing fur coats and fur jackets in NYC , designing luxury furs, repairing luxury furs and altering along with providing cold fur storage and fur cleaning for fur stores and individuals. With over 100 years of fur expertise “Marc Kaufman Furs “A Name You Could Trust for All your Fur Needs“.
“Experience Does Matter”
World renowned for our luxurious furs and craftsmanship, our fur coats are worn by socialites, celebrities, hip hop artists and just ordinary people that want to be warm and look beautiful. When you purchase a fur at
Marc Kaufman Furs NY you know that you are getting a quality fur coat, backed by reliability, great customer care and service.
Marc Kaufman Furs in NYC has the most complete selection of the finest fashion fur coats: full length mink coats, mink strollers, mink jackets, fox coats, fox jackets, sable coats, and sable strollers. And for the softest in furs we have the finest Mink coats, Mink jackets, Chinchilla coats, Chinchilla jackets, Lynx coats, Lynx jackets, Sable coats, Sable Jackets and many other types of fur jackets and fur coats. A full range of fur colors including mahogany mink, black mink, and whiskey mink. All furs at very attractive prices. We can also customize a color to your individual taste.
Buying a Marc Kaufman Fur is the Perfect Luxury Gift to give your loved one. During Christmas,Your Anniversary, a Birthday, Mothers Day or just saying I Love You, surprise them with The Best Gift Idea, a Marc Kaufman Fur.
Our Designer Furs come from different parts of the world. We have some of the most beautiful Italian designed fur coats,some French designed fur garments and some beautifully designed fur coats from our NY fur designers. I must say we have a beautiful fur collection.
Special Orders is our Specialty. We can take a collar from one fur coat, a sleeve treatment from another fur coat, a color from another fur coat, It’s all your Choice.
Our New Russian Designer Fur Coat Collection is coming August 2012. We have developed, with the help of a Russian Fur designer, the most exciting fur collection too be previewed this year. With over 50 furs styles to choose from, our designs will be unique and individual. Only one fur sample per style will be available for purchase.
Marc Kaufman Furs has a modern cold fur storage vault and a special fur cleaning facility all in NYC. This fur cleaning facility was designed to clean furs, clean leathers and clean shearlings. Special fur cleaning methods were passed down from 3 generations of Kaufmans.
Gorgeous Cross Fox JacketNow only $2995 on Clearance at Marc Kaufman Furs kaufmanfurs.com
Expert Fur Remodeling, we offer many designer styles that will modernize your older fur. Let us take your old and tired fur coat and make it look new again.
Fur is no longer just for warmth on the coldest of days, furs has moved into the hot “must have” fashion category and is worn from day to night and across all seasons.
Purchasing a Marc Kaufman Fur is a perfect Luxury Gift for your Lady or for your Man. Every time they wear this Marc Kaufman Fur, they will feel the warmth and memory of their gift from you and the occasion that this gift was given.
Slate-colored Rabbit Fur Vest with Fox Fur CollarMarc Kaufman Furs NYC NY 10001 212 563 3877
facebook.com/MarcKaufmanFursNYC
@marckaufmanfurs
E-mail: [email protected]
kaufmanfurs.com
Marc Kaufman Furs in New York City, NY ships your fur purchases and rentals to wherever you may be: Chicago, Illinois, Detroit, Michigan, Buffalo, New York, San Francisco, Los Angeles, California, Minnesota, Seattle, Washington, Philadelphia, Taos, New Mexico, Pennsylvania, Atlanta, Georgia, Portland, Oregon, Park City, Utah, Idaho, Vermont, Maine, New Hampshire, Wyoming, Montana, Aspen, Colorado, Missouri, Anchorage, Alaska, Moscow, Russia, London, UK, England, Seoul, South Korea, Geneva, Gstaad, Lausanne, Zurich, Switzerland, Germany, Paris, Chamonix, France, Austria, Italy, Dubai, UAE, Hong Kong, Beijing, Shanghai, China, Tokyo, Osaka, Japan, Toronto, Whistler, British Columbia, Quebec, Canada, Helsinki, Finland, Stockholm, Sweden, Copenhagen, Oslo, Norway, Melbourne, Sydney, Australia, Amsterdam, The Netherlands, Singapore; to all 50 States, and just about anywhere else in the World! With over 2000 quality furs to choose from, and the option to design your own, Marc Kaufman Furs of NYC has the most extensive online fur selection in the World.