In 2024 the most expensive fur coat in Russia sold for 34 million rubles, according to reports cited by News Honest Sign, drawing on analysts from the state labeling system.
The report identifies the top piece as a sable fur coat. The second most expensive item was a mink fur coat priced at 18 million rubles, underscoring the high-end hierarchy in luxury pelts.
The material also lists other substantial purchases by buyers. A sheepskin coat moved around 4 million rubles, nutria near 2 million rubles, a raccoon coat about 1.4 million rubles, hare or rabbit fur around 1.5 million rubles, and arctic fox or fox fur about 1.7 million rubles. (Source: Honest Sign)
The Center for the Development of Advanced Technologies noted a mixed picture for 2024: while the physical volume of fur product sales fell by 7 percent compared with 2023, total revenue rose by 7 percent, approaching 33 billion rubles. On average, Russian residents spent 82.4 thousand rubles on fur items, with rabbits and hare fur coats rising in popularity by 29 percent as demand shifted toward lighter, more affordable luxury options. (Source: Center for the Development of Advanced Technologies)
Industry observers say the Russian fur market is adapting to changing consumer preferences, currency dynamics, and import costs, with luxury buyers in Canada and the United States following similar conversations about sustainable supply, ethical sourcing, and lasting value in fur fashion as part of a broader luxury trend that still captivates a global audience.
Stylist Alexander Rogov, host of the program Fashionable Sentence, began January by addressing men with bold, colorful fur coats and a variety of looks that sparked conversation across fashion circles. His appearances illustrate how fur remains a statement of personal style even as markets evolve.
Earlier reports in Russian media described incidents involving fur goods, including a mink coat reportedly stolen from a woman sleeping on the street, a reminder of the long-standing attention and risk surrounding high-value luxury fur items. (Source: Media reports)