JULY 2015 NORTH AMERICAN FUR AUCTIONS 65 SKYWAY AVE. TORONTO, ON M9W 6C7 CANADA | TEL: +1.416.675.9320 | FAX: +1.416.675.6865 | WWW.NAFA.CA NAFA NEWS NAFA’S 2015 MINK SEASON ENDS ON A HIGH NOTE
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JULY 2015
NORT H A MERICAN F UR AUC T IONS
65 SKYWAY AVE. TORONTO, ON M9W 6C7 CANADA | TEL: +1.416.675.9320 | FAX: +1.416.675.6865 | WWW.NAFA.CA
NAFA NEWS
NAFA’S 2015 MINK SEASON ENDS ON A HIGH NOTE
Dear Rancher,
We have just concluded a very successful June sale and 2015 mink season, in a year that wasn’t easy for anyone.
Given all of the circumstances leading up to our auction, we are very proud that we could attract such a strong attendance from all markets, creating a very competitive mink sale to end the year.
We were up against many factors, including difficult market conditions in Russia, travel warnings in Korea, economic instability in Greece, and the fact that our auction came at the end of a long run of selling days. The success of our June auction is a testament to the ongoing and strong relationships that NAFA maintains with our buyers, as well as the appreciation they have for our diverse and high quality collection.
NAFA is the first auction company to offer a complete assortment of Breeders and Section III in high volume, and the end result of this mink auction was a win-win-win – not only for buyers and sellers, but for NAFA as well.
Our buyers were extremely pleased that the last auction before the summer break ended on a high note, thereby securing skin prices and garment prices going into the heavy manufacturing season.
The conclusion of our June sale brings us to a total offering of over 10 million mink in the 2015 season. This certainly would not have been possible without our dedicated, hard-working employees.
I’m very proud of our entire staff for their professional performance throughout all of our auctions. NAFA has a reputation for providing the highest level of service, by the friendliest staff; from the quality of our assortment, to our cataloguing and copying services, to our transportation, warehouse inspection and shipping – even our catering and food offerings, in both quality and service. Our new, young team of auctioneers is receiving extremely high marks from the entire buying community. All of these vital elements contribute to helping us attract the maximum number of buyers to our sale.
As the 2015 selling season comes to a close, we are looking ever forward to our marketing and promotional efforts coming up this fall, including buyer outreach programs, NAFA galas, and designer campaigns for 2015/2016.
Throughout the course of the summer and fall we will continue to issue communications on these activities, as well as updates on how the market is progressing. Please continue to check back to www.NAFA.ca as the source for NAFA, market and auction news.
We would like to thank – and congratulate - all who participated in our June auction and 2015 season, and wish you a wonderful summer.
Sincerely,
Michael D Mengar, President & CEO
President's Message
Updated Price Report
During our March sale we launched a pilot version of our new price report layout. We received positive feedback on this development from both ranchers and trade alike. After speaking with many of you, we decided to add two additional elements to provide further insight into the price breakdown of NAFA’s mink. These additions are as follows:
Color: the color breakdown is now displayed for the whole variety/sex collection (for example Mahogany Males). The color division is presented as a horizontal bar graph that includes the average price for each shade. This will not only show you the trend of the price structure at-a-glance, but also which is the best-paid color within one variety. Clarity: clarity is displayed in the same manner as color, representing the entire variety/sex collection. Clarity is also presented as a horizontal bar graph, which immediately clarifies the price structure, and the best paid clarity within a mink color variety.
Further, we have removed many of the gridlines, making it much easier to read. The new NAFA auction report structure now offers everything you want to know about the price structure of mink. It incorporates: sizes, collection numbers, shorter naps, medium nap, longer naps, top prices and now both color and clarity in an easy-to-read format on one single page! Going forward, this new report format will be our standard auction price report, published after each auction day for all varieties of which representative quantities have been sold.
NAFA 2015/2016 Designer Campaign: Behind The Scenes
Over several days in June, NAFA’s fall campaign was shot on location at the Glass Boat House on Stoney Lake, in the Kawartha Lakes region of Ontario. This minimalist location, inspired by the landscape of the Canadian Shield, was an ideal backdrop to let NAFA furs take centre stage.
The campaign features Josephine Skriver, a Danish model known for her work with fashion and beauty brands like Victoria’s Secret, Gucci, Michael Kors, DKNY, and more.
Stay tuned for the full campaign, coming in Fall 2015.
June Auction 2015 - Price breakdown US$
BLACK MINK MALE REGULAR LONG
Grades & Naps Size 1X 1 2X 2 3 4 5Offered 11,149Sale% 100
TOP 92.004X0
Black 84.13 86.21 70.93 68.30 5 star 55.00Silver 76.31 66.39 4 star 50.00
3 starLabelled 84.13 82.02 70.93 67.79 Labelled 52.59VSL 72.35 74.81 70.00 VSL
Offered 53,920Sale% 100
TOP 1,500.00000
Black 76.85 79.46 67.51 66.54 5 star 47.25Silver 69.18 52.51 4 star 44.26
3 starLabelled 76.85 76.28 67.51 60.76 Labelled 45.57VSL 68.67 71.63 60.55 59.92 VSL 45.00
Offered 68,761Sale% 100
TOP 72.0000
Black 66.61 66.87 57.55 53.40 5 star 37.58Silver 60.55 42.69 4 star 34.38
3 starLabelled 66.61 65.72 57.55 47.23 Labelled 36.23VSL 55.62 61.15 53.46 46.48 VSL 34.99 32.00
Offered 26,491Sale% 94
TOP 60.000
Black 56.46 57.87 42.89 5 star 32.46Silver 52.94 36.14 4 star 28.33
3 starLabelled 56.46 57.09 38.53 Labelled 30.81VSL 48.74 51.11 44.00 40.62 VSL 29.50
Offered 160,321Sale% 99TOP 1,500.00
AllSizes
Offered 27,315 93,412 4,129 21,428 Offered 13,849 188Sale% 94 100 100 100 Sale% 100 100Labelled 70.65 69.67 65.25 51.08 Labelled 38.27
ColourAll grades &
sizes
BLK
XXD
XD
DK
72.09
63.75
57.60
58.52
ClarityAll grades &
sizes
The top lot of Black NAFA — Male brought $1,500, and was purchased by HAAH Fur, of Beijing, China. Produced by Lodder Collection.
June-July 2015 Auction Report
June Auction 2015 - Price breakdown US$
BLACK MINK FEMALE REGULAR LONG
Grades & Naps Size 1X 1 2X 2 3 4 5Offered 13,150Sale% 95
TOP 64.000
Black 56.18 62.33 55.00 55.18 5 star 34.00Silver 57.19 46.30 4 star 30.00
3 starLabelled 56.18 61.04 55.00 52.81 Labelled 33.29VSL 48.01 56.21 45.00 48.00 VSL 25.00
Offered 52,231Sale% 97
TOP 63.001
Black 53.71 58.61 48.00 53.00 5 star 32.73 25.00Silver 51.01 43.00 4 star 26.00
3 starLabelled 53.71 55.78 48.00 49.76 Labelled 29.57 25.00VSL 42.33 51.66 37.00 41.30 VSL 27.61 22.00
Offered 55,399Sale% 97
TOP 1,700.002
Black 45.07 52.07 43.00 46.00 5 star 34.27 18.84Silver 41.05 35.87 4 star 22.00 16.00
3 starLabelled 45.07 49.82 43.00 42.41 Labelled 29.16 18.84 16.00VSL 36.31 40.87 31.00 34.44 VSL 23.44 17.00 14.94
Offered 17,734Sale% 90
TOP 52.003
Black 35.24 39.01 32.46 5 star 23.00Silver 32.35 28.11 4 star 14.00 12.67
3 starLabelled 35.24 37.47 30.36 Labelled 19.43 12.67VSL 27.78 30.06 25.00 24.69 VSL 16.76 13.00 12.50
Offered 138,514Sale% 96TOP 1,700.00
AllSizes
Offered 15,336 86,924 2,135 14,300 Offered 7,556 1,942 10,321Sale% 100 100 100 91 Sale% 96 100 63Labelled 49.44 52.11 47.67 45.21 Labelled 28.80 21.17 14.45
ColourAll grades &
sizes
BLK
XXD
XD
DK
55.07
47.68
38.52
41.66
ClarityAll grades &
sizes
The top lot of Black NAFA — Female brought $1,700, and was purchased by JINDO Co., Ltd., of Seoul, Korea. Produced by Lodder Collection.
June Auction 2015 - Price breakdown US$
MAHOGANY MINK MALE REGULAR LONG
Grades & Naps Size 1X 1 2X 2 3 4 5Offered 8,834Sale% 99
TOP 82.004X0
Gold 82.00 70.37 5 star 58.00 57.00Silver 69.00 69.00 61.51 4 star
3 starLabelled 80.12 69.87 61.51 Labelled 58.00 57.00VSL 68.45 65.00 58.95 VSL 51.42 45.00
Offered 20,260Sale% 96
TOP 76.00000
Gold 75.48 65.19 62.51 5 star 51.55 53.46Silver 61.60 60.49 55.92 4 star 41.91 46.00
3 starLabelled 74.06 64.11 57.81 Labelled 49.06 46.00 53.46VSL 59.88 59.48 47.74 VSL 41.53 40.00
Offered 18,284Sale% 97
TOP 62.0000
Gold 60.70 55.00 52.47 5 star 41.42 36.06Silver 53.15 49.40 39.45 4 star 33.43
3 starLabelled 58.45 54.07 43.70 Labelled 39.08 36.06VSL 41.16 47.68 36.52 VSL 34.36 28.54
Offered 11,445Sale% 94
TOP 56.000
Gold 55.34 46.10 41.46 5 star 33.00 28.00 27.86Silver 46.00 37.27 4 star 30.34 28.00
3 star 20.54Labelled 53.55 46.10 38.12 Labelled 31.78 28.00 23.10VSL 41.60 39.07 33.82 VSL 28.81 29.00 21.86
Offered 58,823Sale% 96TOP 82.00
AllSizes
Offered 18,399 10,005 20,278 Offered 5,505 1,037 3,599Sale% 95 100 97 Sale% 100 100 81Labelled 71.61 62.34 46.52 Labelled 39.76 30.29 33.34
ColourAll grades &
sizes
XXD
XD
DK
MED
72.48
54.83
48.04
49.47
ClarityAll grades &
sizes
2
3
62.94
57.90
June Auction 2015 - Price breakdown US$
MAHOGANY MINK FEMALE REGULAR LONG
Grades & Naps Size 1X 1 2X 2 3 4 5Offered 7,850Sale% 100
TOP 59.000
Gold 58.35 53.60 47.48 5 star 27.00 24.48Silver 50.00 47.13 42.00 4 star 23.00
3 starLabelled 56.49 51.16 44.72 Labelled 27.00 24.48 23.00VSL 45.73 42.00 43.11 VSL 25.73 21.00
Offered 25,739Sale% 93
TOP 58.001
Gold 57.64 45.13 43.00 5 star 33.00 22.20 20.39Silver 44.00 41.25 38.53 4 star 22.00
3 starLabelled 50.73 43.97 42.44 Labelled 33.00 22.15 20.39VSL 42.00 35.67 37.00 VSL 21.67 18.50
Offered 27,599Sale% 89
TOP 48.002
Gold 47.71 34.34 35.77 5 star 25.00 18.83 17.23Silver 36.25 31.00 32.49 4 star 19.00
3 starLabelled 39.40 33.74 35.25 Labelled 25.00 18.93 17.23VSL 34.80 30.23 29.86 VSL 19.58 14.69
Offered 8,247Sale% 91
TOP 30.003
Gold 30.00 29.47 5 star 17.26 15.31 13.50Silver 21.71 4 star 14.81
3 starLabelled 30.00 25.55 Labelled 17.26 15.06 13.50VSL 28.61 23.00 22.00 VSL 15.00 11.76
Offered 69,435Sale% 92TOP 59.00
AllSizes
Offered 290 8,485 9,207 15,776 Offered 8,110 19,707 7,860Sale% 0 81 100 100 Sale% 100 91 78Labelled 46.45 44.99 39.36 Labelled 27.05 19.06 18.37
ColourAll grades &
sizes
XXD
XD
DK
MED
34.71
31.22
23.01
29.75
ClarityAll grades &
sizes
2
3
43.15
29.36
June Auction 2015 - Price breakdown US$
DEMI BROWN MINK FEMALE REGULAR LONG
Grades & Naps Size 1X 1 2X 2+ 2 3 4 5Offered 11,385Sale% 100
TOP 56.0000
Gold 53.54 56.00 48.00 5 star 40.00 34.15Silver 49.00 4 star 38.52 31.81 27.00
3 star 26.00Labelled 53.54 52.37 48.00 Labelled 39.27 31.26 27.00VSL 48.00 46.27 36.00 VSL 40.36 30.88 26.76 20.59
Offered 34,767Sale% 100
TOP 52.000
Gold 49.36 51.17 42.00 5 star 35.48 31.85 26.00Silver 43.89 37.00 4 star 35.00 29.30 24.03 24.00
3 star 25.70 23.00Labelled 49.36 47.02 41.29 Labelled 35.10 29.54 24.46 23.65VSL 43.80 42.73 35.90 30.60 VSL 35.39 26.19 23.07 17.68
Offered 66,447Sale% 99
TOP 46.001
Gold 46.00 45.03 39.00 5 star 34.43 30.51 27.52Silver 41.55 41.26 37.58 4 star 33.02 25.44 21.60
3 star 22.47 19.88Labelled 44.87 42.38 38.42 Labelled 33.45 27.08 23.32 19.88VSL 37.39 38.09 29.89 30.58 VSL 29.81 23.94 19.36 15.29
Offered 47,082Sale% 96
TOP 37.002
Gold 34.48 36.10 32.00 5 star 30.65 27.42 19.19Silver 31.00 31.02 28.63 4 star 29.20 22.26 17.39 16.00
3 star 17.58Labelled 33.52 33.16 30.37 Labelled 29.79 23.66 17.86 17.08VSL 29.33 28.67 25.26 23.18 VSL 22.77 19.75 14.72 11.27
Offered 159,681Sale% 98TOP 56.00
AllSizes
Offered 7,290 29,053 7,722 5,211 Offered 43,990 45,432 15,200 5,783Sale% 100 100 100 100 Sale% 97 100 93 100Labelled 44.53 42.54 37.69 Labelled 33.65 26.88 21.99 19.79
ColourAll grades &
sizes
XXDXDDK
MEDPLXP
33.5630.19
31.9930.80
35.3229.64
ClarityAll grades &
sizes
2
3
4
30.20
48.00
28.80
June Auction 2015 - Price breakdown US$
DEMI BROWN MINK MALE REGULAR LONG
Grades & Naps Size 1X 1 2X 2+ 2 3 4 5Offered 4,211Sale% 100
TOP 70.005X0
Gold 68.14 5 star 61.06 56.00Silver 70.00 4 star 59.30 50.46 48.00
3 starLabelled 70.00 68.14 Labelled 60.08 53.49 48.00VSL 67.00 60.00 VSL 56.87 46.87
Offered 27,552Sale% 100
TOP 69.004X0
Gold 66.45 64.80 65.86 59.00 5 star 60.24 52.71Silver 68.41 63.07 61.07 4 star 54.98 48.83 44.00 42.00
3 star 43.00 40.00Labelled 67.43 63.68 62.64 59.00 Labelled 55.58 48.89 44.00 40.86VSL 64.26 63.66 55.80 52.36 VSL 50.49 44.00 41.20 38.27
Offered 56,090Sale% 100
TOP 64.00000
Gold 64.00 58.77 60.41 50.01 5 star 43.24Silver 62.30 58.25 56.31 4 star 45.83 41.77 39.00 39.00
3 star 37.43 37.00Labelled 63.56 58.44 57.84 50.01 Labelled 45.83 40.89 39.00 37.87VSL 58.37 57.19 50.92 42.34 VSL 43.21 38.59 37.28 33.70
Offered 61,943Sale% 99
TOP 57.0000
Gold 55.32 53.91 46.12 41.13 5 star 46.00 34.98 35.44Silver 50.88 49.10 40.00 4 star 38.19 36.87 33.00 32.78
3 star 32.22 32.00Labelled 53.01 50.85 43.09 41.13 Labelled 39.45 35.74 34.13 32.50VSL 49.16 44.81 40.49 33.40 VSL 34.16 31.97 29.30 25.48
Offered 29,468Sale% 100
TOP 47.000
Gold 46.39 43.00 35.29 31.00 5 star 32.52 30.84 27.45Silver 45.54 39.97 4 star 32.81 30.08 26.43 26.59
3 star 27.00 23.28Labelled 46.28 41.10 35.29 31.00 Labelled 32.73 30.16 26.88 24.65VSL 41.56 38.45 33.19 27.98 VSL 29.21 27.21 23.38 19.50
Offered 179,264Sale% 100TOP 70.00
AllSizes
Offered 6,802 44,044 9,937 17,002 Offered 26,329 59,143 9,484 6,523Sale% 100 100 100 100 Sale% 100 99 100 100Labelled 58.12 54.73 50.85 46.15 Labelled 45.17 38.90 35.09 33.37
ColourAll grades &
sizes
XXDXDDK
MEDPLXP
XXP
45.4843.28
45.0044.27
43.1244.40
31.96
ClarityAll grades &
sizes
2
3
4
47.32
31.00
49.22
1 X = XSN 2X = SMW 2 = SMN-SEMI 4 = MLN1 = SN 2+ = SMN-HVY 3 = MN 5 = LN
1 X = XSN 2X = SMW 2 = SMN-SEMI 4 = MLN1 = SN 2+ = SMN-HVY 3 = MN 5 = LN
NAFA Canada HQ65 Skyway Avenue
Toronto, ON M9W 6C7 T: 416-675-9320F: 416-675-6865
NAFA USA205 Industrial Circle
Stoughton, WI 53589 T: 608-205-9200F: 608-205-9210
NAFA The NetherlandsSprokkelveld 5-6596 DH
Milsbeek, The Netherlands T: +31 485-514403F: +31 485-518833
NAFA Polandul. Granitowa 10 Łozienica
72-100 Gm. Goleniow, Poland T: +48 91 350 9520F: +48 91 350 9539
www.nafa.ca
2016 Auction Schedule
January 31 to February 4, 2016(On Show January 26)
April 5 - 11, 2016(On Show March 31)
May 31 - June 5, 2016 (On Show May 26)
September 13 - 15, 2016 (On Show September 9)
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