In China, some of the fur buyers are in jail, while others are under investigation. In Russia, a plunging ruble and economic sanctions are keeping the mink-clad jet set at home – often in very real ways, with wealthy buyers unable to secure travel visas.
It has, in other words, become a bad time to sell fur, most of which has traditionally gone to those two countries. Now a double set of misfortune has slashed prices and hurt the outlook for an industry that had been in the midst of a comeback from the dark days of animal rights criticism. Fur has become one of the more overlooked victims of recent global economic turmoil.
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