News
2016-03-01
The 2016 Hong Kong International Fur and Fashion Fair drew to a close on 28 February with its world leader position as the largest global fur trading platform retained. The fair concluded with US$70 million generated in confirmed orders, anticipated to rise to a total of US$132 million. The fair witnessed a shift in the fur market, this year mainland China has been the strongest market. Product popularity has shifted to favor a more diversified product range to reach more consumers, including menswear and trim items. Mr. Henry Sun, Chairman of the Hong Kong Fur Federation (HKFF) says that the increase in fur’s market in mainland China has driven creative growth in the designs for fur garments. Popular styles in the mainland market have driven an increase in the use of colorful dyes, especially in accent items. Mr. Sun also asserts that despite the strength of mainland markets, buyers still [�]
2015-03-01
The world’s largest fur trading platform, the 2015 Hong Kong International Fur & Fashion Fair, drew to a successful close on February 28. This year, the Fair received a total of US$160 million in orders, with Russia remaining the largest buyer, followed by China, the United States, Korea and Japan. These top 5 markets of Hong Kong’s fur export accounted for almost half of the total orders in this year’s Fair. USA and Korea performed especially well and recorded a growth of 14% and 43% respectively. Mr. Wilson Chiu, Chairman of the Hong Kong Fur Federation (HKFF), explained, “The US market is doing well this year. US buyers are active in buying, looking for value for money commodities, which Hong Kong has many on offer, as Hong Kong is a global hub for high-quality creative fur designs and distinguished manufacturing techniques. Cold weather in the country and strong economic performance [�]
2014-02-28
HONG KONG, March 5, 2014 – The world’s largest fur trading platform, the 2014 Hong Kong International Fur & Fashion Fair, drew to a successful close on February 28. The spectacular event brought together market-leading furriers and fur buyers from all over the world. Innovative ideas were exchanged thanks to the fabulous product showcase and high-end fur products enjoyed remarkable sales. This year, the Fair attracted around 7,200 buyers from over 30 countries. Purchases from the United States were also very active, increasing by an estimated 10% to 30% for the year. Mr. Wilson Chiu, Chairman of the Hong Kong Fur Federation (HKFF), said high-quality fur orders from the United States rose by around 30%, ranging from US$2,000 to $3,000 per item. Mr. Chiu further explained that the aggressive increase in purchases from American furriers might be due to either cold weather in the region or a reduction in raw [�]
2013-02-28
Regarded today as the world’s most important trade hub for upbeat fur designs, the Hong Kong International Fur & Fashion Fair, which ended on 28 February, was packed with buyers from around the world who were seeking fashionable fur — from lavish full-fur outfits to trendy fur-trimmed accessories. The four-day fair attracted 7,963 local and international buyers, with attendance up by 1.2% and on-the-spot orders at similar levels to last year’s numbers. Visitors flocked in from all parts of the globe, with buyers from Russia, Korea and the Chinese mainland continuing to dominate. “Obviously, the major buying power is from Russia and Korea, with the former looking for fashionably elegant as well as functional designs to combat their harsh winters, and the latter opting more playful and versatile ensembles,” said Mr. Wallace Wong, Chairman of the Hong Kong Fur Federation (HKFF). “In the current economic climate, buyers from the US, [�]