The global fur retail trade is worth $20.1bn, indicating a strong bounce back since COVID-19 pandemic, new research from the University of Copenhagen has revealed. The European fur retail trade is worth $4.8bn, even after accounting for the pandemic. Crucially, the academic study also estimates that the international fur garment trade reached its highest ever value in 2019 — despite lower prices of raw fur skin — demonstrating a buoyant global market. The University of Copenhagen analysis — Global Fur Retail Value (attached), conducted by...