Saga Furs Oyj

05/24/2024 | Press release | Distributed by Public on 05/24/2024 08:20

Saga Furs May 2024 auction, reports and stock exchange releases

Day 3 report / Friday, 24 May 2024

Today's offering consisted of 385,000 Brown, 103,000 Mahogany and 33,000 Black male mink pelts as well as 33,000 Sapphire mink pelts.

  • The Brown collection was 100% sold under strong competition at advancing prices in the Velvet collection and firm prices in the Classic collection.
  • The Mahogany collection was 100% sold under strong competition.
  • Today's Black collection was 100% sold.
  • The Sapphire collection was nearly 100% sold under strong competition at firm prices in the male collection and clearly advancing prices in the female collection.

China was the dominating market with good support from South Korea, Greece, Türkiye and the European fashion industry. The auction continues tomorrow with the sale of Brown, Mahogany and Black female mink pelts as well as the Silver Cross and Sapphire Cross mink collection.

Day 2 report / Thursday, 23 May 2024

Today's offering consisted of 205,000 Black and Royal Black as well as 287,000 Pearl mink pelts.

  • The Black and Royal Black male collection was 70% sold at firm prices.
  • The Black and Royal Black female collection was 80% sold at increasing prices.
  • The Pearl male collection was 100% sold at firm to slightly increasing prices.
  • The Pearl female collection was 95% sold at firm to increasing prices.
  • The Royal Black Female Top Lot was purchased by AO SHI FU REN FUR 傲世夫人皮草.

Price comparisons are to Saga Furs' March auction. China was the dominating market with good support from South Korea and the European fashion industry. The auction continues tomorrow with the sale of Brown, Mahogany and Black male mink pelts and the Sapphire collection.

Day 1 report / Wednesday, 22 May 2024

The Saga Furs' May auction started today. During the 7-day auction, Saga Furs will offer 3,8 million mink pelts and 316,000 fox and Finnraccoon pelts to over 300 buyers representing all the main markets.

Today's offering consisted of 233,000 Pastel mink pelts and 252,000 Palomino mink pelts.

  • The Pastel male collection was 75% sold and the Pastel female collection was 100% sold both at strong prices with good competition.
  • The Palomino male and female Classic collection was 100% sold at advancing prices.
  • The Palomino male and female Velvet collection was 100% sold at advancing prices.

China was the dominating market with good support from Türkiye, South Korea, Greece and the European fashion industry. The auction continues tomorrow with the sale of Black mink including the exclusive Royal Black collection and Pearl mink pelts.