Russian fur retailer Kalyaev will close its factory following falling sales

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One of Russia’s biggest fur retailers has announced that it will close its factory and sell its remaining stock, due to a decline in the country’s fur trade.

Kalyaev also runs about 20 retail stores in the cities of Moscow and Kazan, which stock his own brand, as well as a range of other types and brands of clothing. The company has made no announcement regarding the future of these stores.

“Over the past two years, the world has changed enormously. A part of [these changes] are not very pleasant for our company. Many high fashion companies have started refusing to use natural fur in their products. This has led to a wave of widespread abandonment of the cultivation and sale of raw furs around the world,” the company said in a statement.

A report by Honest Sign, Russia’s national traceability index, shows that sales of fur coats in the country have declined in recent years. During the fall 2021 season, typically the busiest time of the year for the fur trade, Russia’s trade volume was down 10% year-on-year. Compared to pre-pandemic numbers, last year’s fall trade is down around 90%.

Another reason for the change, some experts say, is that climate change is impacting Russia’s previously colder winters, resulting in milder weather.

Learn more:

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