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World's largest fur auction house to shut down

22 days ago   |   By

Kopenhagen Fur, the world's largest fur trader, will be phasing out operations by 2023. The news was reported by WWD.
The decision to shutdown business comes as Denmark must cull the country's mink population due to mutation of the coronavirus passing from minks to humans. In the short term, it will still be business as usual. Kopenhagen Fur is set to receive six million Danish skins from fur farms within the coming weeks. They will be sold at auctions in 2021.
Kopenhagen Fur plans to downsize after the operations earlier in the year and will work on slowly shutting down. The loss of mink...
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