Post by gibb on Jan 15, 2016 18:37:42 GMT -5
January 15, 2016
Just before Christmas we posted an update to inform you that we were working with our promotional department to attract leading European fashion houses to put raccoons back on the runways. As a result of this, we have now completed several sales of better section heavy Western raccoon to these fashion houses. The timing of these Private Treaty sales was important to the fashion houses to have immediate delivery which allows them to take part of the skins to get dressed and into production for the March/April/May international fashion shows. Details of these sales will be posted to your accounts next week at which time you may check online. We will be paying these out together with the proceeds of the January auction.
As mentioned in my earlier update, there is a difference between the colours and most of the prices that were indicated in my earlier update are, in fact, the prices that we have sold these skins at. The basis for a 5XL colour 2/3 Heavy Northern is $26.
This is an important first step to re-establishing raccoons as a fashion trend and hopefully China and others will then copy. However, even with this positive development, the demand for raccoons remains weak, as the Russian market continues to underperform.
Herman Jansen
Managing Director
Just before Christmas we posted an update to inform you that we were working with our promotional department to attract leading European fashion houses to put raccoons back on the runways. As a result of this, we have now completed several sales of better section heavy Western raccoon to these fashion houses. The timing of these Private Treaty sales was important to the fashion houses to have immediate delivery which allows them to take part of the skins to get dressed and into production for the March/April/May international fashion shows. Details of these sales will be posted to your accounts next week at which time you may check online. We will be paying these out together with the proceeds of the January auction.
As mentioned in my earlier update, there is a difference between the colours and most of the prices that were indicated in my earlier update are, in fact, the prices that we have sold these skins at. The basis for a 5XL colour 2/3 Heavy Northern is $26.
This is an important first step to re-establishing raccoons as a fashion trend and hopefully China and others will then copy. However, even with this positive development, the demand for raccoons remains weak, as the Russian market continues to underperform.
Herman Jansen
Managing Director