Issuu on Google+

KOPENHAGEN FUR JUNE 2014


2

KOPENH AGEN F UR NE W S


CONTENTS JUNE 2014

6 EDITOR IN CHIEF TORBEN NIELSEN

19

20 5

Editorial

6

Royal visit to Tsinghua University

8

The key to growth

9

Selecting the right university

EDITOR MICHAEL ABILON/ MAB@KOPENHAGENFUR.COM L AYOUT LULU XUE/FR ANCES YUAN JINSONG PRINT MONTAGEBURE AUET APS ADVERTISING K ATHRINE ENGBERG / [+45] 4326 1112 COVER HRH THE QUEEN OF DENMARK VISITED CHINA AND MET CHINESE PRESIDENT XI JINPING DURING THE ROYAL COUPLE’S STATE VISIT. THE DELEGATION ALSO CONSISTED OF SEVERAL MINISTERS FROM

10 Design student: “There are endless opportunities”

THE DANISH GOVERNMENT WHO PROMOTED DANISH EXPORT TO CHINA.

12 News in brief

PHOTO BY KELD NAVNTOFT / SCANPIX

16 Introduction to a world of fur 19 Namibian officials show their support to Swakara 20 The future of fur farming in Europe 23 Events in Copenhagen 26 Auction schedule and offering 2013/14 30 Contact Kopenhagen Fur


Get your flight information & airport shopping guide Download our free Chinese mobile app


Editorial The demand for fur remains intact

The season’s first auctions have been characterized by large price declines in mink especially. In recent years, we have experienced auction after auction with rising prices and in September 2013, we reached a historically high price level. The price movements reflect a convergence of factors. Fur is in fashion as never before, the economic development is positive in most markets and the capacity, especially in the Chinese fur industry, has expanded significantly. This last factor has affected the demand for skins markedly. Retail shops have increased in numbers and existing centres have expanded on a large scale. Thousands of new fur shops have been established and thousands of new manufacturers have started in the industry. As, for natural reasons, the production of the skins always lags a few years behind the demand, the great demand has not been met with a corresponding increase in production and therefore prices have risen so sharply. This year, the industry has been affected by a mild winter and the fact that the economic policy in China has changed. Similarly, the ongoing campaign against corruption has caused so much uncertainty in China that it has affected the economic growth negatively. The massive capacity expansion in China has intensified competition significantly and there has been quite a clear tendency that profit margins have been under pressure. This is a sure sign that capacity is growing faster than the underlying demand. When more people are to share the same or less, there is obviously significantly less for the individual. Therefore, most Chinese fur companies have experienced a considerable decline in sales in 2013/14 and stocks are abnormally large. At the same time, fur production has never been larger. The falling demand and excessive stocks combined with

JUNE 2014

At the same time, fur production has never been larger. The falling demand and excessive stocks combined with record offerings of skins are a toxic cocktail for prices. We have therefore seen price declines of more than 50% on mink skins this year, the largest decline being on skins of inferior quality and the smallest decline in good quality skins. record offerings of skins are a toxic cocktail for prices. We have therefore seen price declines of more than 50% on mink skins this year, the largest decline being on skins of inferior quality and the smallest decline in good quality skins. Are there no bright spots? There is no doubt that the large decline in prices will lead to a marked reduction of breeding stock. The skins of inferior quality are priced so low that prices do not cover production costs. The lower prices will stimulate demand and provide a significant boost in sales in traditional markets that have had difficulty with the high prices. The good thing is that fur is in fashion and that consumers are very interested in our product. We experience this in KiCK, Kopenhagen Fur’s International Centre for Creativity, which in the first part of this year has helped establish strategic

Photo: Helle Moos

alliances between Chinese and European fur companies to market and sell fur in fashion boutiques. The preliminary sales results are so positive that it bodes well for the future. The great interest in fur is also reflected in Kopenhagen Studio that has concluded cooperation agreements with 21 design universities, ensuring that fur design is part of the education of future designers. All in all, some bright spots in an uncertain time showing that the current problems are serious and result in major losses but that the fundamental consumer demand is intact and that the problems are therefore temporary.

5


Royal visit to Tsinghua University HRH The Prince Consort of Denmark visited Tsinghua Kopenhagen Studio during the royal couple’s State Visit to China in April. During the visit he met design students and was also given a fur gift. It is a great honour to present this to the royal family, says Torben Nielsen, CEO of Kopenhagen Fur. By Cecilie H. Nøhr

During an official state visit to China His Royal Highness Prince Henrik of Denmark visited Tsinghua University in Beijing. Tsinghua University works closely with Kopenhagen Fur and has its own fur design line. At the event His Royal Highness The Prince Consort was shown the works of students who study fur fashion design. In January 2007, Kopenhagen Fur began a collaboration with the leading Chinese university, Tsinghua University to set up a design centre in Beijing.

6

Since then design students at Tsinghua Kopenhagen Studio has been given the opportunity to work with fur and gain skills in fur design and techniques. To make sure that they get an education of high quality, Tsinghua Kopenhagen Studio works closely with Kopenhagen Studio in Copenhagen, from where some of the instructors also come to Tsinghua to teach. - We strive to preserve and develop the traditional furriery, so I am pleased that we in Denmark have such an impressive

knowledge and know-how that we are able to export it to a culture so different and yet intriguing as China. It is a great honour to present this to the royal family, says Torben Nielsen, CEO of Kopenhagen Fur. The next generation of designers Tsinghua University is China’s leading university with well over 30,000 students enrolled from all over China. Admission is highly competitive and at the faculty for art and design just 200 students are enrolled

KOPENH AGEN F UR NE W S


each year from a base of well over 17,000 applicants. Like Kopenhagen Studio in Copenhagen, Tsinghua Kopenhagen Studio in Beijing focuses on innovation and creativity but with a primary focus on the next generation of designers. Tsinghua Kopenhagen Studio uses award-winning, untraditional Chinese teaching methods to enhance the students’ creativity. At Tsinghua University HRH The Prince Consort was given a fur butterfly in Danish

JUNE 2014

mink, designed by Kopenhagen Studio. The fur butterfly is an alternative way of wearing fur. He also had the opportunity to talk with the students about their work with fur. 20 years in China and more to come Kopenhagen Fur has not only had a partnership with the Chinese university for seven years, but has been present in China for 20 years. Kopenhagen Fur’s most important

market is China - 90 % of the mink skins are exported to China. Especially Danish mink skins are a Chinese favourite. This does not come as a surprise to Martin Lidegaard, the Minister for Foreign Affairs. He considers Kopenhagen Fur’s collaboration with Tsinghua University a prime example of adding value to the product - If you put Danish design and knowledge in a Chinese context, it will have an effect on the growth and thereby benefit Danish trade.

7


Herning - Teko

London - Royal College of Art

Designskolen Kolding Paris - Atelier Chardon Savard

Kazakhstan National Academy of Arts

Beijing - Tsinghua Korea - Seoul National University

Tokyo - Mode Gauken

The key to growth Establishing networks through universities is the way of ensuring that fur will maintain its status and continuously expand its presence in the world of fashion. By Søren Bjerremand Rosenma j

In recent years, Kopenhagen Fur has established eight partnerships with some of the world’s most respected design schools in Asia and Europe. The first partnership was initiated in 2007 with the design faculty at Tsinghua University in Beijing and the latest addition to this network was made in March when Seoul National University in South Korea joined. Expertise in high demand Before these fur design courses started, the only chance a designer typically had to learn about this material was by becoming an apprentice. This meant that knowledge about the material was limited to a select few and that the designs were often very traditional. Also, due to the limited number of fur designers, fur fashion did not appear very often on the catwalk. Therefore, it was a goal that the designers should gain skills in working with the material after they graduated. This way they could bring their knowledge and insight about fur and the fur trade into the world of fashion.

8

- We see that some fashion companies have a very limited knowledge when it comes to working with fur. When these newly graduated designers start working in fashion companies they don’t always know what to do with the fur. By working with fur during the education, they’ve had a chance to flirt with fur from an early stage. Our cooperation with the universities means that when the students begin their careers, they have a better opportunity to include fur in their collections, says Kenneth Loberg, Director of Marketing and Business Development. Fur specialists are now in great demand by the fashion industry, but designers with the necessary knowledge are in short supply. According to Kenneth Loberg, this means that Kopenhagen Studio is in a unique position to increase the demand for fur fashion. - The fashion industry needs designers who can develop and revolutionize fashion itself. Fashion is never contained and is constantly on the move and since

Kopenhagen Studio has some of the finest furriers in the world, they have a unique position to teach the universities the latest techniques. When the students then bring them into the fashion companies it will increase the demand for our skins, he says. Design line is the goal Whenever a university joins the network it commits to establishing a design line with a focus on fur. This ensures that there will be designers in the future that have insight into working with fur and possibly become specialists, although this isn’t a requirement from our side. - When it comes to our partnerships, our goal is not to turn the students into specialists, but simply that the designers consider fur material when they design fashion. In the future, this will mean that knowledge about working with fur material will be more widespread, says Thomas Andersen, Workshop Manager at Kopenhagen Studio.

KOPENH AGEN F UR NE W S


Torben Nielsen, CEO of Kopenhagen Fur and Mogens Jensen, Minister for Trade and Development Cooperation were present when Seoul National University was added to the network.

Selecting the right university By Søren Bjerremand Rosenma j

Before a university is involved in the international cooperation, it must be situated in a market that is of value to Kopenhagen Fur. This means that a reasonable volume of sales must exist prior to establishing the agreement or there must be a potential for a reasonable sale of skins to the market in question. Another important factor is that the university has experience in educating students of such a high standard that they will influence the fashion world after their graduation. Once these criteria have been met, Mr Kenneth Loberg and his staff begin a screening procedure. Local design

JUNE 2014

competitions are scrutinized to see which schools excel. When the number of candidates is sufficiently reduced, Kopenhagen Studio is left in charge of selecting the final partner. They visit the universities and ensure that the final university is a compatible match for Kopenhagen Fur. In addition, a group of teachers from the university is invited to visit Kopenhagen Studio, where some of the world’s finest furriers show them their techniques. When the cooperation with the university is in place, furriers from Kopenhagen Studio visit the class and

participate in the starting phase where they teach the students. A class usually consists of 12 to 15 students and lasts two or three weeks. The number of students attending the course is determined from an elite perspective where only the best are given the chance to attend the course. After the first week, the local teachers take over. Seoul National University is the latest addition to the cooperation network but Kopenhagen Fur is also working with Tsinghua University in Beijing and Atelier Chardon Savard, located in Paris, among others.

9


Design student: “There are endless opportunities” In 2013 Kopenhagen Fur started a partnership with the Japanese college Mode Gakuen. The college is located in Tokyo and has 35,000 students that are studying fashion, design, business, styling, homewear or graphics. Hayato Nagai is currently studying design at the university. By Søren Bjerremand Rosenma j

Through the collaboration between Kopenhagen Fur and Mode Gakuen, Hayato Nagai was given the opportunity to study at Kopenhagen Studio during a onemonth internship to learn about the latest fur techniques. He participated in the JFA Fur Design Contest in 2013 and performed well. During this contest he met Ms Marianne Sørensen, University Designer Coordinator from Kopenhagen Studio. - We discussed the possibility for me to come to Kopenhagen Fur and from the beginning she was very positive; for some time I have wished to work as an intern in

10

Europe and Kopenhagen Fur was my first choice, says Hayato Nagai. Inspires me to be creative Hayato Nagai is very satisfied with his stay in Denmark and believes he has learned a great deal at Kopenhagen Studio. He particularly enjoys the many opportunities offered when working with fur. - There are endless opportunities. There are things that you are only able to do when working with fur. You can work in three dimensions, which I am not used to in my normal work with design. I really like the environment here because it really

inspires me to be creative, he says. Will work with fur in the future One of the goals of the collaboration with universities around the world is to give the graduates a better opportunity to work with fur. This is achieved by letting the students work with expert furriers. - Before my internship at Kopenhagen Fur, I had very limited opportunities to work with fur. After I have learned about all the amazing techniques, I will definitely include fur in my future collections, he says.

KOPENH AGEN F UR NE W S


more than meets the eye and ear. When you feel the urge to go beyond compromise, take a closer look at Bang & Olufsen. Our products are known for their unique appearance and spectacular performance. But there’s more to Bang & Olufsen than meets the eye. Decades of constantly improving the user experience in actual home environments have resulted in the BeoLink system. BeoLink allows you to enjoy true sound anywhere in your home across speakers, audio equipment and even televisions. You control everything seamlessly via one remote. Visit our flagship store at Kgs. Nytorv, and let us take you everywhere you want to go.

Bang & Olufsen Kgs. Nytorv, Kgs. Nytorv 26 Tel. +45 33 11 14 15, kgs.nytorv@beostores.com www.bang-olufsen.com

HONG KONG SHIPMENT AND COLD STORAGE • SHIPMENT BEFORE PAYMENT • VERY COMPETITIVE ALL INCLUSIVE RATES • PROMPT RELEASE IN HONG KONG Please also contact us for shipment rates to Beijing, Shanghai and other destinations.

Line Spang Shipping Manager Tel: +45 4326 1472 Mob: +45 2268 0999 logistics@kopenhagenfur.com

JUNE 2014

Line Jørgensen Logistics Manager Tel: +45 4326 1469 Mob: +2268 0967 logistics@kopenhagenfur.com

11


News in brief

Chinchilla Top Lot will be used for a jacket for a VIP customer Many buyers bid for the chinchilla Top Lot but in the end it was Chris Soukas who bought it for Georgios Alkiviadis and the skins will be used for a special jacket. Chris Soukas bought the chinchilla Top Lot for Georgios Alkiviadis who has just graduated from Kopenhagen Fur’s three-week March/April sorting course. The 28 Top Lot skins were sold in keen competition with several buyers bidding for this Top Lot and the price ending at 1,920 DKK per skin. -My family has been in the fur business for many years and I have been involved for four years now. It is a priority to deliver the best skins and to keep raising the quality bar. The skins are going to be used for a chinchilla jacket for a VIP customer in Dubai.

12

Took two Top Lots The Top Lot winner was very satisfied to bring back both mink Top Lots. The Top Lots will help him get publicity. Huasi Agricultural Development Co Ltd bought the Palomino Velvet female Top Lot because they would like to give their customers an excellent product. The Palomino Velvet female Top Lot was bought by Mr Peter Zeitlin from P J Zeitlin & Co. Ltd. for the company. - Huasi Agricultural Development Co Ltd would like to give customers an excellent product. The purchase of a Top Lot helps promote the image of the company, says Mr Peter Zeitlin. Mr Steven Holden, also from P J Zeitlin & Co. Ltd., bought the White Velvet male Top Lot.

The jacket will be manufactured by Active Furs Europe and sold through Planet Moda Trading in Dubai, says Georgios Alkiviadis.

Huasi Agricultural Development Co Ltd is, in Mr Peter Zeitlin’s words, a vertically structured opera-tion doing everything from dealing with everything from the raw skins to the finished garments. He explains that they feel the present price - whether the winter is cold or not - will increase the sale of garments because more Chinese customers can afford to buy fur.

It is the second time that Planeta Mexa has purchased the chinchilla Top Lot.

- They support the free market policy at Kopenhagen Fur and want to play their part in promoting the interest in fur, he says.

KOPENH AGEN F UR NE W S


Top Lot White Swakara Willing to pay any price for a Top Lot

Swakara is a must-have Swakara was offered in Copenhagen, on the second day of the April auction. The swakara Black Purple Top Lot was sold for 1,240 DKK per skin to Mr Oleg Tochilov from ”Ekaterina” Furs. The swakara Black Purple Top Lot was sold at Kopenhagen Fur’s auction on April 10th to Mr Oleg Tochilov from ”Ekaterina” Furs. The lot included 108 Black swakara skins and was sold for 1,240 DKK per skin. - We have many different types of fur and in a good shop swakara is a must-have. We have a special target group who wants this, Mr Oleg Tochilov says. The same day another swakara Top Lot was sold but not to Mr Oleg Tochilov. He explains that they already have White swakara at the moment. - We will get the White next time. We have to give other buyers a chance to get a Top Lot, he says with smile.

JUNE 2014

Konstantinos Michalis bought the Top Lot on behalf of his company Konstantiou Furs. He is almost used to taking the Top Lot home as the winner of the swakara White Top Lot the last two years. He always goes after the best quality but this year he really felt some extra competition in the auction room. -A lot of people were trying to get the Top Lot, but I was willing to pay almost any price to be the winner, he says. He plans to use the Top Lot in his 2015 collection. Mr Anastasios Kletsidis from USA Raw skin Trading Corp. bought the skins on behalf of Konstantinos Michalis.

National Holidays in Denmark: Public Holiday: Ascension Day: Constitution Day: Whit:

Friday, 16 May. Thursday, 29 May. Thursday, 5 June. Monday, 9 June.

13


News in brief

6,000 visitors at international exhibition The exhibition in Herning in Denmark attracted many visitors from all over the world to see the world’s finest mink skins. 6,000 guests came to Herning to see the mink skins, meet the farmers and to see all of the latest equipments related to mink farming. The exhibition lasted three days in March and is an annual event that gathers the Danish and the international fur trade. 80 exhibitors, daily fashion shows, colleagues and lots of mink skins were all there for the many guests. International interest The exhibition also attracted many farmers from abroad. Approximately 240 farmers from North America, Poland, Spain, Greece, Iceland and many more countries attended the exhibition to see the skins on display and participate in the events arranged by Kopenhagen Fur. The skins impressed many of the visitors. - We have cause to be very proud of the development that has taken place in Danish fur farming over the last few years. Quality, hair length and size have all been improved. It all adds to the higher prices that Danish skins generate, says Kim Erichsen, acting Quality Manager.

14

Kopenhagen Fur welcomed Turkish president Torben Nielsen, CEO of Kopenhagen Fur, joined the Danish delegation when Abdullah GĂźl, Turkish President, was in Denmark for an official state visit in March. Recently, the Turkish President came to Denmark on an official state visit. His aim was to increase business relations between Denmark and Turkey. According to a recent report Turkey will make the greatest economic progress among the members of the OECD within the next 15 years, which is also why Torben Nielsen has his eyes set on the Turkish market. - We see great potential in Turkey and we already have several major Turkish customers. The Turkish economy is growing steadily and the middle class population will increase in the future. This makes good conditions for an increase in fur sales and of course we at Kopenhagen Fur would love to contribute to this. The Turkish President was invited by Her Majesty the Queen Margrethe II for a royal banquet at Amalienborg and Torben Nielsen was present along with Danish Prime Minister Helle Thorning-Schmidt.

KOPENH AGEN F UR NE W S


Sorting courses 2014/2015 Kopenhagen Fur Academy is pleased to announce the sorting courses 2014/2015: Two one-week sorting courses: October 2014 and January 2015 Two 3-week sorting and auction procedures courses: March-April 2015 and May-June 2015 The courses are well attended. You can register online at www.kopenhagenfur.com – Auction/About us/ Sorting Courses. The exact dates of the courses will be published on Kopenhagen Fur’s website.

#Spotafur Participants from around the world have for the last five months been uploading photos on Instagram and Facebook. The concept is simple - share a photo and you have the chance to win a fur garment from Day Birger et Mikkelsen. Several hundred participants shared their photos, but there was only one winner, Ms Camilla Bergine Hvid, a young design student at the Danish design school, TEKO. The photo showed her exam project, a street wear outfit of green rabbit fur. - It is amazing and absolutely fantastic. I have been uploading several photos, because I really wanted to win the fur garment, she says. Love the prize Day Birger et Mikkelsen has collaborated with Kopenhagen Fur in the design of the fur garment which was perfect for Camilla. - I want to wear it all year. I’ll just wear a T-shirt underneath and I will look amazing during the cold summer evenings. I just love this fur.

JUNE 2014

For further information please contact the Customer Department, Annette Hindborg. Phone no: +45 4326 1440 Fax no: +45 4326 1449 E-mail to customers@kopenhagenfur.com

Closing times in July and August The Customer Department will be closed on Fridays from 18 July to 29 August inclusive. To contact the Customer Department during the summer please use the following numbers: Phone no: +45 4326 1444 Fax no: +45 4326 1449 E-mail: customers@kopenhagenfur.com Reception Please note that the reception at Kopenhagen Fur is closed from 14 to 25 July inclusive and all Fridays in July and August.

15


An introduction to the world of fur Twenty-four participants from many countries attended the first long sorting course of the season. In an effort to learn more about the ways of the largest fur auction house in the world, the talented attendees followed a carefully planned course. By Tobias Østerga ard Br andt

Hong Kong, China, USA, Korea, Greece, Lithuania, Italy and Denmark were all represented when Kopenhagen Fur began the first of two three-week long sorting courses in Copenhagen. A diverse group comprising both rookies and more experienced buyers from all parts of the fur value chain joined a packed programme introducing the students to nearly everything the fur industry has to offer. They visited a Danish mink farm and a Danish dressing house and were introduced to the sorting and grading at Kopenhagen Fur as well. Finally, they learned about the terminology of Kopenhagen Fur’s auction catalogue and, most importantly, they were taught about Kopenhagen Fur’s auction procedures. We talked with Peiwen Mao, a Chinese living in Denmark and working for customers at Kopenhagen Fur’s auctions. He found the sorting courses to be an opportunity to excel in the different disciplines in the industry. - I am here to learn more about everything: quality, catalogue, sorting and so forth. I thought perhaps I knew plenty before the course started but now I realize that I have learned so much more than expected, said Peiwen Mao at the end of the course.

the auction house. - Relations between auction house and customers are very important within our trade. Our business is based on a few days of auction which means there is no room for uncertainty and waiting. That is why a close relationship is important to us and our customers. And I have no doubt that the sorting courses support this. Kopenhagen Fur’s sorting courses are in great demand and all of them are currently fully booked. The next course is scheduled to be held from 27 May to 19 June.

A great introduction 23 year old Filippo Gavazzi from Milan, Italy, is next in line to take the helm in the family business called Fureco. This is why he signed up for the course in the first place but even though he will receive a diploma, he believes that he has more to learn. - This course is a great introduction to the business. I’ve learned a lot about quality, but also about the auction house. However, I still have much to learn from my uncle and my father, he says. Filippo Gavazzi’s family owns the Fureco company and has been in business for many years. - My uncle has been working for thirty years and it is a hard life with the constant travelling, so I want to help him out. I joined him during three auctions last year and I will be joining him many more times in the future. It is important for me to learn from him in order to understand the business better, but it will be a long process because it is a complex and exciting trade. Like many other participants, Peiwen Mao and Filippo Gavazzi have been doing business with Kopenhagen Fur for some time, but according to Brian Tufvesson, Head of the Customer Department, the sorting course gives them the opportunity to get to know the staff of Kopenhagen Fur even better as well as the routines within

16

KOPENH AGEN F UR NE W S


The students spent many hours studying the skins.

Rent a car at your special “fur rates� Please call +45 32 50 30 90 or reservations@europcar.dk or contact Kopenhagen Fur at +45 43 26 10 00 or reception@kopenhagenfur.com

Luxury cars, automatics, busses - we will provide you with the car you need during the auction.

KopenhagenFUR_190bx135h_juni.indd 1

JUNE 2014

02/04/14 10.15

17


SQUAWS.DK

哥本哈根琥珀博物馆质量保证

欢迎莅临丹麦琥珀屋及哥本哈根琥珀博物馆 Copenhagen Amber Museum & Shop by Nyhavn, 2 Kongens Nytorv • House of Amber on Strøget, 6 Nygade House of Amber by Tivoli, 1A Vesterbrogade • Copenhagen, Denmark You can also find us in all major cities in China 你也可以在中国各大城市找到我们 Open Monday-Sunday • www.houseofamber.com QUALITY GUARANTEED BY COPENHAGEN AMBER MUSEUM


Namibian officials show their support to Swakara By Michael Abilon

Dr Malan Lindeque, Permanent Secretary, Ministry of Trade and Industry, as well as Mr Joseph Iita, Permanent Secretary, Ministry of Agriculture, Water and Forestry, visited Kopenhagen Fur’s April auction to learn more about the sale of Swakara and to show their support for the product. - We came here because we understand and appreciate that Kopenhagen Fur is the centre of the fur trade that specializes in the fur type that we produce in Namibia, Dr Malan Lindeque says. - Namibia has landscapes that are very arid with small production of high value products, so we need to support this part of our agriculture and industry. In recent years we have seen an increased interest in producing Swakara among Namibian farmers, so this is something we would also like to support. But in order to do this we need to learn more about the product itself and the auction house, he adds. - This means we want to understand the

JUNE 2014

buyers, the market variations from year to year, the grading system and how marketing is handled, says Malan Lindeque. The best choice His colleague Joseph Iita agrees and explains that Namibia faces challenges when it comes to producing Swakara, but that the government and local farmers have ambitions to increase the production. - We want Swakara to be the best choice for the consumer and continue to make plans that will support an increase in the production of Swakara. We are currently looking into innovative farming methods that will make it easier to produce food for the sheep, Joseph Iita says. - Research is therefore also important which is why we have a research farm where we constantly try to improve certain breeds of Swakara, he adds. Swakara faces similar challenges to other skins in the market, but in spite of this, the

two Namibian officials feel that the visit to Kopenhagen Fur was beneficial. - We used to have a larger production of Swakara in Namibia, but now it’s only half of what we used to produce. Therefore, we need to increase the production and that is a challenge. The goal of the government is to support a production increase and ideas that will improve quality. Handled professionally - It is, of course, important to realize that the ultimate decision-maker is the buyer. The market decides the price and currently the market faces challenges that influence the sale, but so far I am satisfied with what I have seen today, Joseph Iita says. His colleague agrees and adds: - Everything is handled very professionally and in good spirit. In that sense we feel that it is very satisfactory, Malan Lindeque says.

19


The future of fur farming in Europe

Is there a brighter future at the end of the tunnel? The new market prices for mink skins mean that many have had to adjust to a completely new situation almost overnight and in the midst of this are the European mink farmers. Some of them have expanded aggressively during recent years when prices were booming and now they have to rethink their strategies due to lower profits while simultaneously having increased expenses. The prices of mink skins began to soar in 2010 and reached their highest last season, and then the bubble burst. Kopenhagen Fur News has spoken to farmers in Greece, Lithuania and Poland – In these countries many farmers have invested heavily in feeding machines, pelting machines and farm expansions. What does the future hold for them? By Cecilie H. Nøhr, Heidi C. LORvIK, Michael Abilon AND Søren Bjerremand Rosenma j

20

KOPENH AGEN F UR NE W S


We have invested a lot of money in expanding our production, so, of course, these new market prices are a cause of concern but the political situation is equally frightening, he says.

The production of mink skins has quadrupled in Lithuania over the last four years. Experienced farmers as well as newcomers have come into the business in recent years but according to Ceslovas Tallat-Kelpsa, President of the Lithuanian Fur Farmer Association, the new declining market prices have halted plans of expansion. Furthermore, some farmers are now financially vulnerable and face uncertainty. Gintaras Muskaras purchased his farm in 2001 and has since then expanded it on a large scale. Just before prices were reduced in December, he had plans of renovating part of his farm and expanding it with an additional 3,000 females. These plans have now been postponed. - We don’t know what the future will

JUNE 2014

bring so we’ve slowed down production. I think that we can manage to stay in business if prices in February are the new price level but it isn’t optimal. If prices are reduced further, we can manage for approx. two years before we have to reduce our breeding stock. However, if these low prices persist, we may have to close down, says Gintaras Muskaras. Gintaras Muskaras is one of the most experienced farmers in Lithuania and he has managed to survive difficult times before. He is convinced that other Lithuanian farmers may be more financially exposed than he. - I think that many farms will run into problems, because many are experiencing difficulties with quality and liquidity, he says.

Quality means nothing without finances Ceslovas Tallat-Kelpsa also has his own farm; in fact, he has the largest production in Lithuania. He believes that a farm’s financial condition and the quality of skins are of equal importance and because some Lithuanian farmers chose to expand rather than simply put funds aside, Tallat-Kelpsa believes that they face difficult times. - It isn’t certain that skins of high quality can save farmers, if they have not saved money during the good times and instead has taken loans. It makes them vulnerable to declining prices and prices of some of the best skins may be very close to the production price. Sometimes I fear for several farmers in Lithuania because

21


In Poland, EU-politics are also a cause of concern to the mink farmers.

approx. 90 per cent chose to take the kit advance even when market prices were high, which is a sign that they have invested too aggressively, he says. Vulnerable situation In Greece, many new farmers have also come into the business in recent years and the years with increasing prices meant that many farmers focused on quantity rather than quality. - This tactic worked when prices were increasing but with the new lower prices, farmers will be struck hard if they have not prioritized the quality of their skins, says Leonidas Boutis, Kopenhagen Fur’s representative in Greece. He explains that some Greek farmers have taken loans in order to finance expansions of their production capabilities. The terms of these loans were based on the greater profits of last season. However, the farmers are not generating the same profit now, and Leonidas Boutis therefore believes that some Greek farms will be forced to shut down in the coming years. - Some farmers kept on expanding and they borrowed a lot of money. They based their earnings on higher prices and that were

unrealistic. That assumption will be costly for some farmers but nobody knows how many, he says. Bad guys go bankrupt Bankruptcy is something a number of farmers face in Poland. Most farmers in this country have focused on quality, but not all. - Of course there are some bad guys, but they are mostly small farms. They sell through other auction houses where they also seek financing. They will go bankrupt with the new market prices, says Olger Scheepens, Area Manager for Kopenhagen Fur. However, some Polish farmers that produce skins of good quality welcome the changing winds in the fur trade. - Farmers always want a lot of money for their skins but the prices were unrealistic. I see it as a good situation to invest in the animals, because now all the skins of inferior quality will disappear from the market. The new price is only a problem for farmers who produce skins of inferior quality, says Andrzej Jaworek , Polish mink farmer. EU-politics cause concern The Polish mink farmer Maciej Figura owns

one of Poland’s largest farms. He runs the farm with his brother and father and they have initiated various strategies to keep the production cost down. They produce their own feed and pelt their own mink, which keeps their production costs approx. 5-10 per cent lower than the average in Poland. - In this way we control the entire process ourselves. We have purchased the best machines and we visit Kopenhagen Fur’s skin exhibition in Denmark every year where we talk to other farmers to share knowledge. We are getting better year after year, he says. Maciej Figura believes that better skin quality can protect his farm when the market prices are adjusted. Even though the new prices are lower, the low prices are not the greatest concern to Maciej Figura and Andrzej Jaworek. - I fear that the EU will ban mink farming in Poland. If that happens, a lot of people will lose their jobs, says Andrzej Jaworek, who is supported by his colleague: - We have invested a lot of money in expanding our production, so, of course, these new market prices are a cause of concern, but the political situation is equally frightening, he says.


Events in copenhagen 10-24 June 2014

Opera

CAVALLERIA RUSTICANA & PAGLIACCI Strong Italian temperaments are at play under the baking sun of Southern Italy in these two performances about hypocrisy and murder. Studded with catchy melodies, both operas are in musical Concert

consonance with Puccini works such as Tosca and La

JOHN MAYER

Bohème. If you have never seen an opera before, this

John Mayer began his career performing mainly

two-opera performance is a very fine place to begin.

acoustic rock, but gradually began a transition

Cavalleria Rusticana & Pagliacci is performed in Italian with Danish subtitles.

towards the blues genre by collaborating with renowned blues artists such as B. B. King, Buddy

Exhibition

Guy, and Eric Clapton, and by forming the John

PHILIP GUSTON

Mayer Trio. At the 49th Annual Grammy Awards

The American painter Philip Guston is a unique

〉The Opera

in 2007, Mayer won Best Pop Vocal Album for

figure in the twentieth century art history. Particularly

〉10 June

Continuum and Best Male Pop Vocal Performance

his late work, in which Guston turns from abstract

〉www.kglteater.dk

for ”Waiting on the World to Change”.

expressionism to a cartoon-like and very personal

He has sold over ten million albums in the US and

expression with large figures often against a pink

over 20 million albums worldwide.

background, has caused his star to rise among younger artists. Guston’s work concerns the simple conditions of

〉17 June

existence. His universe may seem sad, but he has

〉Tivoli

great painterly energy and artistic powers and the

〉Tivoli.dk

images triumph over melancholy with their energetic display of colour. Concert

JOE SATRIANI

Dance

SHORTCUTS

〉From 4 June

More than 10 million albums sold and 15

Marcos Morau is Spain’s new rising star

〉Louisiana

Grammy nominations speak for themselves. It is

choreographer in contemporary dance. His

〉louisiana.dk

undoubtedly one of today’s greatest guitarists, one has the opportunity to experience when Joe

Barcelona-based company, La Veronal, has already

Satriani guests Denmark.

toured much of the world and won numerous awards for their creative dance performances.

Concert

Joe Satriani has published a total of 14 albums

Shortcuts combines dance and theatre, and is

JOE HENRY

a passport into the creative world and artistic

With over 13 solo albums Joe Henry made

to date, The Extremist, was released in 1992.

language of La Veronal: a mysterious journey

his name as one of the most visionary and

In 1995, Satriani formed the famous guitar-G3 tour.

through Copenhagen, Moscow, Reykjavik, and

perfectionist American songwriters since Tom

Besides himself as a permanent member, the tour

Siena, where topography and dance merge

Waits and Bob Dylan, and with its deep, organic

during the years pass by famous guitarists such

together in search of a new mode of narrative

and evocative sound, and mournful midnight

as Steve Lukather, Paul Gilbert, John Petrucci, Eric

expression.

romance, Joe Henry, is one of the few musicians

Johnson and Steve Vai.

since his debut in 1986. His most successful album

who can legitimately call himself a unique voice. 〉16, 17 and 18 June

〉11 June

〉17 June

〉The Royal Play House

〉DR Concert House

〉Amager Bio

〉www.kglteater.dk

〉dr.dk

〉amagerbio.dk

JUNE 2014

23


F USION COL L EC T ION Be creative. Bring a unique expression of jewelry to life.

AM A G E R T O R V 4

COPENHAGEN — COPENHAGEN AIRPORT — SØNDERGADE 1 W W W.G E O R G J E N S E N.C O M

24

AARHUS

+ 45 70 12 3 4 2 0 KOPENH AGEN F UR NE W S


JUNE 2014

25


kopenhagen fur

Auction schedule and Offering 2013/14

Sizes to be offered Males December February April June September Black 40-30-00-0 40-30-00-0 40-30-00-0 50-40-30-00-0-1-2-3 Mahogany 30-00 40-30-00-0 40-30-00-0 40-30-00-0 50-40-30-00-0-1-2-3 Brown 40-30-00-0 40-30-00-0 50-40-30-00-0 40-30-00-0 50-40-30-00-0-1-2-3 Glow 40-30-00-0 40-30-00-0 50-40-30-00-0 40-30-00-0 50-40-30-00-0-1-2-3 Silverblue 30-00 50-40-30-00 40-30-00-0 50-40-30-00 0-1-2-3 White 30-00 40-30-00-0 40-30-00-0 50-40-30-00 0-1-2-3 Pearl 30-00-0 40-30-00-0 30-00-0 50-40-30-00 0-1-2-3 Sapphire 30-00 30-00-0 50-40-30-00 0-1-2-3 Palomino 30-00 40-30-00-0 50-40-30-00-0 1-2-3 Females December February April June September Black 0-1-2-3 0-1-2-3 0-1-2 00-0-1-2-3-4-5 Mahogany 1-2 0-1-2-3 0-1-2-3 0-1-2 00-0-1-2-3-4-5 Brown 0-1-2-3 00-0-1-2-3 0-1-2-3 00-0-1-2 00-0-1-2-3-4-5 Glow 0-1-2-3 00-0-1-2-3 0-1-2-3 00-0-1-2 00-0-1-2-3-4-5 Silverblue 0-1-2 0-1-2 0-1-2 00-0-1-2 3-4-5 White 1-2 0-1-2-3 0-1-2 00-0-1-2 3-4-5 Pearl 0-1-2 0-1-2 0-1-2 00-0-1-2 3-4-5 Sapphire 1-2 0-1-2 00-0-1-2 3-4-5 Palomino 1-2 0-1-2 00-0-1-2-3 4-5

Other sizes will be offered when appropriate numbers of skins are available. Sizes of types not mentioned above will be offered when appropriate quantities are available. All breeders and breeders lowgrades will be offered at the June auction.

26

KOPENH AGEN F UR NE W S


Auction dates 2013/14 December 2013 Inspection: 11 - 13 December Sales: 14 - 16 December

April 2014 Inspection: 4 - 8 April Sales: 9 - 14 April

February 2014 Inspection: 2 - 8 February Sales: 9 - 15 February

June 2014 Inspection: 10 - 16 June Sales: 17 – 24 June

December Selling days 14-16

February 9-15

April 9-14

September 2014 Inspection: 1 – 7 September Sales: 8 – 15 September

June 17–24

September 8-15

Mink Black Mahogany Brown Glow Pearl Beige Golden Pearl White Sapphire Silverblue Black Cross Var. Cross Pastel Violet Blue Iris Jaguar Palomino Stardust Cinnamon Var. mutations Total mink

• • • • • • • • •

• • • • • • • • • • • •

• • • • • • • • • •

1.2 - 1.8m

6.0 - 7.0m

5.0 - 6.0m

• •

• •

• • • •

• • • • • • • • • • • • • • • • 5.0 - 6.0m

• • • • • • • • • • • • • • • 3.5 - 4.5m

OTHER SKINS Chinchilla Rex Rabbits Swakara Foxes

• •

• • •

Breeders and breeders lowgrades will be offered at the June auction in types where the winter skins are also offered. Therefore, breeders in Pastel and Palomino will be offered in September. We reserve the right to make changes.

JUNE 2014

27


Micillo stands for quality, making everything else just an accessory!

AC C E S S O R Y C R E ATO R S

micillo.it Visit our website 28

KOPENH AGEN F UR NE W S


copenhagen hotels

Admiral

Radisson Blu Royal

Toldbodgade 24,

Hammerichsgade

1253 K

1611 V

www.admiralhotel.dk

www.radissonblu.com

Crown Plaza HoteL

NEW cancellation policy for 2014 :

Scandinavia

For individual reservations you can change or cancel 48 hours prior to arrival, or you will be charged with the first night.

Amager Blv. 70,

For group reservations :

Radisson Blu

Ă˜restads Blvd. 114-118, 2300 S

2300 S www.crowneplaza.com

www.radissonblu.dk

hilton

Scandic CPH

Ellehammersvej 20,

Vester Søgade 6,

2770 Kastrup

1601 V

www3.hilton.com

www.scandichotels.com

First

Scandic Glostrup

Vesterbrogade 23-29,

Roskildevej 550,

1620 V

2600 Glostrup

www.firsthotels.com

www.scandichotels.com

Glostrup Park

Scandic Hvidovre

Hovedvejen 41,

Kettevej 4.

2600 Glostrup

2650 Hvidovre

www.parkhotel.dk

www.scandichotels.com

Marriott

Skt. Petri - 5 stars

Kalvebod Brygge 5,

Krystalgade 22,

1560 V

1172 K

www.marriott.com

www.firsthotels.com

Until 45 days before the first arrival, the reservation can be cancelled without any cost. After this date a maximum of 50% of the original reservation can be cancelled after the below mentioned rules: - Until 15 days before the first arrival, 50 % of the original reservation can be cancelled without any cost - Until 10 days before the first arrival, 25 % of the original reservation can be cancelled without any cost - Rooms not cancelled seven days before the first arrival will be charged 100 % Date changes will be accepted without any cost on the condition that the hotel has available rooms on the alternative dates. If the rooms, as a result of lack of available rooms, are cancelled, the hotel refers to the above listed cancellation terms.

Mayfair hotel Helgolands-gade 3, 1653 V www.clarionhotel.com

JUNE 2014

We urge you to make your hotel reservations as early as possible.

29


Contact Kopenhagen Fur E-mail: mail@kopenhagenfur.com Phone: +45 4326 1000 fa x: +45 4326 1126

Management

ioe@kopenhagenfur.com kenneth loberg director of marketing and business development +45 4326 1201

Torben Nielsen CEO +45 4326 1042 (secr.)

Inge Ă˜stermand Secretary +45 4326 1042

Customer department

customers@kopenhagenfur.com Brian Tufvesson head of Customer dept.

Birgit friis Secretary

+45 4326 1401

+45 4326 1431

Christiane Rautenberg key Account manager +45 4326 1442

Annette hindborg key Account manager

Anne Lunn key Account manager

Ahmet Aydin key Account manager

+45 4326 1440

+45 4326 1443

+45 4326 1441

logistics department

anna K alituha market de velopment manager +45 7213 5013

area managers

logistics@kopenhagenfur.com line spang shipping Manager

Line Jørgensen Logistics Manager

Andrej Rumjancev Area Manager, Russia

Leo Boutis Area Manager, Greece

+45 4326 1472

+45 4326 1469

+45 4326 1103

mob. +30 693 242 5858

Auctioneers

Beijing Office

Paul Pedersen Chief auctioneer

CHRIS CUI general manager

+45 4326 1203

mob. +86 139 1093 7964

Per Knudsen Chief auctioneer

Lisa Yu CHIEF FINANCIAL OFFICER

+45 4326 1208

mob. +86 139 1156 8019

Stig Reinhold Sales manager, auctioneer

angela Liu Customer Coordinator/Visa

+45 4326 1209

mob. +86 138 1055 4761

Klaus Harlev Auctioneer

andy chen MANUFACTURE COORDINATOR

+45 4326 1415

mob. +86 159 0143 7370

Kasper S. Reinbacher CONTROllER, Auctioneer +45 4326 1422

Inge liu MARKETING COORDINATOR Tsing hua mba mob. +86 139 0106 0450

lars Skjoldega ard Auctioneer

Reception/Booking

reception@kopenhagenfur.com K athrine engberg Front office manager

Line Jensen Receptionist

+45 4326 1112

+45 4326 1280

Quality department

qualit ydepartment@ kopenhagenfur.com

farmer service

farmerservice@ kopenhagenfur.com

Bjarne Rasmussen head of Quality dept.

jesper Lauge Christensen head of farmer service +45 4326 1376

+45 4326 1342

kopenhagen

KiCK

nexus

michael stadi DIRECTOR of KiCK

Julie Maria Iversen Head of Kopenhagen Nexus

+45 2268 0916

+45 2268 0974

+45 4326 1021

30

KOPENH AGEN F UR NE W S


OYSTER PERPETUAL DAY-DATE


David morgan

michael lepski

Jack felber

Infelber (Exports) Ltd 4 Elthorne Road, London N19 4AG Tel +44(20) - 7281 1966

E-mail info@infelber.com

Fax +44(20) - 7281 2398

Eurasia Furs Ltd Unit O, 10/Kaiser Estate Phase III 9-11A Hok Yuen Street, Hunghom, Kowloon, HK Tel +852 2311 9803 32

E-mail Eurasia88@biznetvigator.com

Fax +852 2721 3081 哥本哈根 皮草资讯


Kopenhagen Fur News - June 2014