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Article: Frankfurt crowd bemoans the glut. (Frankfurt International Fur Fair, inventory glut)
- Article from:
- WWD
- Article date:
- April 19, 1988
- Author:
CopyrightCOPYRIGHT 1988 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FRANKFURT CROWD BEMOANS THE GLUT By MELISSA DRIER
FRANKFURT -- Caution was the byword at the 40th Frankfurt International Fur Fair, with retailers, manufacturers and brokers predicting that the 1988 season would get off to a slow start.
Exhibitors at the fair increased to 510 from last year's record of 500. Attendance at the five-day event, which closed her Sunday, was placed at 22,000, about 10 percent lower than last year.
Fur retailers in all the major world markets are sitting on higher than usual inventories, the result of an early and aggressive buying pattern brought on by last years's dramatically increased skin prices. The inventory ...