Is the Fur Industry Bouncing Back?
The fur industry is trying to focus on the bright side. After five consecutive years of declining sales, 1992 was a relatively good year for furriers, and 1993 should be even better, according to the Fur Retailers Information Council (FRIC), an industry group. The New York Times reported last May that furriers now “see the light at the end of the tunnel. Five years ago, a worldwide recession and sporadic attacks by animal rights activists interrupted a 15-year old growth in sales. But a cold winter, a mild upturn in the economy and the reappearance last year of women wearing furs have contributed to the feeling that the worst is over.”