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Saga Furs’ profits nose-dive as fashion houses and consumers turn their backs on fur

LONDON, 24 JANUARY 2019 – Saga Furs’ end of year financial report, released yesterday, shows the company’s income has dropped sharply (by 20 per cent) between 1.11.2017 and 31.10.2018 and the group’s pre-tax profit has decreased from €9.2 million in 2016-2017 to minus €1.7 million (a decrease of €10.9 million). The report which can be