Fur bouncing back after bubble burst

It wasn’t so long ago that animal rights activists had apparently killed off the fur market convincing women that such apparel was morally unacceptable. But thanks in part to growing demand from booming markets like Russia and China, fur bounced back with the cost of a mink skin rising three fold over the past four years to £63 or $108. This year there has been what’s been described as a toxic cocktail of falling demand and excessive skins so that prices declined by 50 percent. So after the boom, is it bust for the fur industry? Malcolm Brabant has been to the world’s biggest fur auction in Copenhagen to find out. #malcolmbrabant, #Copenhagenfur