Fur trade financial crisis continues- but the industry declare they will fight back in 2020

“It’s one more sign the fur industry is struggling”- that was the reaction of a local anti-fur actvisit in the US recently, as it was confirmed that the North American Fur Auction (NAFA) had been taken over by Finnish fur group Saga Furs, having descended into near financial ruin. Last autumn, NAFA, entered court-supervised restructuring- a serious admission of its financial woes. According to court documents, NAFA has almost $25.8
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