NAICS Code 458110-21 - Fur-Designers (Retail)
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NAICS Code 458110-21 Description (8-Digit)
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Tools
Tools commonly used in the Fur-Designers (Retail) industry for day-to-day tasks and operations.
- Fur sewing machine
- Furrier's knife
- Fur comb
- Fur needle
- Fur scissors
- Fur brush
- Fur roller
- Fur iron
- Fur steamer
- Fur gluing machine
- Fur stretching machine
- Fur cleaning machine
- Fur tanning chemicals
- Fur dyeing chemicals
- Fur finishing chemicals
- Fur storage facilities
- Fur measuring tape
- Fur marking chalk
- Fur pattern paper
Industry Examples of Fur-Designers (Retail)
Common products and services typical of NAICS Code 458110-21, illustrating the main business activities and contributions to the market.
- Fur coats
- Fur jackets
- Fur hats
- Fur scarves
- Fur handbags
- Fur shoes
- Fur vests
- Fur gloves
- Fur earmuffs
- Fur keychains
Certifications, Compliance and Licenses for NAICS Code 458110-21 - Fur-Designers (Retail)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Fur Labeling Act: The Fur Labeling Act requires that all fur products be labeled with the name of the animal, the country of origin, and the manufacturer's name. This act is enforced by the Federal Trade Commission (FTC).
- CITES Permit: The Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) requires a permit for the import, export, or re-export of certain animal and plant species, including some types of fur. This permit is issued by the U.S. Fish and Wildlife Service.
- Retail Sales Tax Permit: A Retail Sales Tax Permit is required for businesses that sell tangible personal property, including fur products, in most states. This permit is issued by the state's Department of Revenue or equivalent agency.
- Business License: A Business License is required for all businesses operating in the United States. This license is issued by the city or county where the business is located.
- Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for businesses that handle hazardous materials, including some chemicals used in the fur industry. This certification is issued by OSHA.
History
A concise historical narrative of NAICS Code 458110-21 covering global milestones and recent developments within the United States.
- The fur industry has been around for centuries, with fur being used for clothing, accessories, and even home decor. In the 19th century, fur became a symbol of luxury and wealth, with fur coats being worn by royalty and the upper class. The industry saw a decline in the 20th century due to changing fashion trends and animal rights activism. However, in recent years, there has been a resurgence in the popularity of fur, with designers incorporating it into their collections and consumers seeking out vintage and second-hand fur pieces. In the United States, the industry has faced challenges due to legislation banning the sale of fur in certain cities and states, but it continues to thrive in other areas where there is still demand for fur products.
Future Outlook for Fur-Designers (Retail)
The anticipated future trajectory of the NAICS 458110-21 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Shrinking
The future outlook for the Fur-Designers (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for luxury goods and the growing popularity of fur fashion. The industry is also expected to benefit from the rising disposable income of consumers and the growing number of high net worth individuals. However, the industry may face challenges due to the increasing concerns about animal welfare and the growing popularity of faux fur. The industry may need to adapt to changing consumer preferences and invest in sustainable and ethical practices to remain competitive in the market.
Industry Innovations for NAICS Code 458110-21
Recent groundbreaking advancements and milestones in the Fur-Designers (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Virtual Try-On Technology: Some fur designers are using virtual try-on technology to allow customers to try on different fur products virtually before making a purchase. This technology uses augmented reality to create a realistic 3D image of the product on the customer's body, allowing them to see how it looks and fits before buying it.
- Sustainable Fur Production: Some fur designers are adopting sustainable practices to reduce the environmental impact of fur production. This includes using recycled fur, using natural dyes, and implementing ethical farming practices.
- Customized Fur Products: Some fur designers are offering customized fur products to customers, allowing them to choose the type of fur, color, and style of the product. This allows customers to create a unique and personalized product that meets their specific needs and preferences.
- Online Sales: Many fur designers are expanding their online presence to reach a wider audience and increase sales. This includes selling products through their own e-commerce websites as well as through third-party online retailers.
- Collaboration with Fashion Designers: Some fur designers are collaborating with fashion designers to create unique and innovative fur products. This allows them to tap into new markets and reach a wider audience.
NAICS Code 458110-21 - Fur-Designers (Retail)
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