QUARTERLY UPDATE
IN THIS ISSUE: First iLux awards Report from Board & Council Meetings
Board and Council meetings are a success
SPRING 2015
REMIX 2015 Risk Management news Interview with Nancy Daigneault, regional director of IFF Americas
Beijing Airport embrace FUR NOW Regional updates
The Council of the IFF met during Sunday 8 February at the premises of Kopenhagen Fur in Glostrup. 81 people attended from 29 countries and members contributed to a wide range of subjects throughout the Council meeting. The Councl were pleased to welcome a new member from the republic of Belarus after approving an application to join from Belpushnina, which brings the IFF's total membership to 50 in 39 countries. The Board and several important other meetings took place throughout the Friday and Saturday. The Sustainable Use and Ecosystems Management working group discussed involvement with third party organisations (such as the IUCN, CITES and FACE), the effort to support further co-operation between Russia and Canada on trap testing and recent announcements by the European Commission on the Seal-Product ban.
CEO Comment The first few months of 2015 have seen strong auction sales in both Europe and America. Once again, the China market has been a key factor and the sales of fur in Northern China have given the market confidence yet again. However, the situation in Russia and the collapse of the Ruble bring pressures in other markets, as travel and financial restrictions impact trade. Prospects for the future look good as the spring catwalks continue to feature fur, which we hope will be reflected in shops later this year. In the months ahead, IFF will launch the next Fur Now campaign and a new retail program aimed at
targeting boutiques currently not stocking fur. We hope these two campaigns will help you grow your business. Finally, we wish a warm welcome to Belarus the newest member of the IFF family.