MONTREAL — After back-to-back unseasonably warm winters, fur designers and retailers are dealing with the anemic economy and tightened consumer spending.
If those challenges weren't enough, strong demand for mink in Russia and China has spiked prices 20 percent. Mink accounts for about 75 percent of all fur sales, setting the benchmark for all prices, said Erik Neergaard, sales director for Kopenhagen Fur in Denmark, the world's largest auction house for mink pelts.
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