January 27, 2021
According to Vogue Business, "For those luxury brands that are continuing to use fur, the focus is on China, the country most important to the $22 billion worldwide fur trade. A survey of 400 high-income Chinese residents, predominantly Vogue and GQ readers, by Vogue Business and market research group Dynata, shows that demand for fur in China is likely to remain robust for now" Vogue Business state, "Falling prices for European fur may be to the benefit of companies targeting the Chinese market. Sofya Bakhta, China market analyst at Daxue Consulting,...