World's largest fur broker announces closure after mutated coronavirus strain found in mink

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World's largest fur broker announces closure after mutated coronavirus strain found in mink

23 November 2020
News
Kopenhagen Fur, the world’s largest fur auction house, is set to close its doors within the next two to three years.
The Humane Society International (HSI) said that the closure of the company could signal the beginning of the end for the global fur trade. As much of the world’s fur is traded by just a handful of auction houses.

The Kopenhagen Fur auction house is a cooperative company owned by 1,500 Danish fur farmers. 

The disappearance of the fur broker is likely to have a domino effect for producers in other European countries and beyond. 

The sale of 24.8 million mink skins were brokered through Kopenhagen Fur 2018 – 2019.

Just hours before the announcement, the European Centre for Disease Prevention and Control (ECDC) published its new report on the mutated strain of COVID-19 found in Denmark mink farms.

The report highlighted concerns that the evolution of the virus in mink has potential implications for COVID-19 diagnosis, treatment and vaccine development, and could undermine the effectiveness of future vaccines in humans.

“The ECDC risk report and the announcement by Kopenhagen Fur that it will cease trading could very well signal the beginning of the end of the worldwide fur trade,” said Dr. Joanna Swabe, senior director of public affairs for HSI.