World’s Biggest Fur Auction House Plans to Liquidate Assets
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Kopenhagen Fur, the world’s largest auction house for furs, is closing down after Denmark’s government ordered a mass cull of the country’s mink in an effort to fight a coronavirus mutation.
The development marks the end of an era in Denmark, which was the world’s biggest producer of mink until last week. Prime Minister Mette Frederiksen stunned the industry on Nov. 4 when she told Danish mink farmers to start culling their herds. She said scientists had discovered a rare mutation of the coronavirus -- cluster 5 -- which had the potential to derail vaccine efforts.