Fur Sales Reached $14 Billion in 2010
There were plenty of fashion trends in 2010—from sexy cutouts to boho tie dye, but it was the fur that was really flying.
According to new figures just released by the International Fur Trade Federation (IFTF), sales of fur reached $14 billion last year—a 5 percent increase from the $13.3 billion in 2009, reports Drapers.
So who’s buying the gotta-have-it hides? Style-conscious consumers in the Far East who are wild for such fuzzy fashions, and Westerners who, despite the economic downturn, cozied up to fur to keep them warm in the consistently cold weather.
And if the February and March runways were any indication, the trend will definitely roar again next year: Fendi, Gucci, and Michael Kors were just a few of the designers who pelted their models on the catwalk, while Kate Moss was literally smokin’ in a Marc Jacobs-designed Louis Vuitton leather laser-cut jacket with fur sleeves.
More recently, Beyoncé was spied on the set of her new music video in a Roberto Cavalli Fall/Winter 2011 shaggy Bordeaux fur.
“Fur is the big fashion story of the Autumn 11-12 collections,” said IFTF chairman Andy Lenhart. “Wholesale prices at the 2010-2011 winter auctions reached all-time highs, so we expect an even bigger increase in global sales turnover for the current financial year.”
Meanwhile, read how rising leather prices are impacting the fashion industry.
And check out Fall 2011's Technicolor fur trend.
