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NAICS Code 458110-22 Description (8-Digit)

The Fur Business (Retail) industry involves the sale of fur clothing and accessories to consumers. This industry includes businesses that specialize in the retail sale of fur coats, jackets, hats, scarves, gloves, and other accessories made from animal fur. The industry also includes businesses that sell faux fur products that mimic the look and feel of real fur. The Fur Business (Retail) industry caters to consumers who are looking for high-end, luxury fashion items made from fur.

Hierarchy Navigation for NAICS Code 458110-22

Tools

Tools commonly used in the Fur Business (Retail) industry for day-to-day tasks and operations.

  • Fur brushes
  • Fur combs
  • Fur rollers
  • Fur cleaning sprays
  • Fur glazing machines
  • Fur sewing machines
  • Fur cutting machines
  • Fur measuring tapes
  • Fur needles
  • Fur thread
  • Fur hooks and eyes
  • Fur closures
  • Fur lining materials
  • Fur trims
  • Fur pelts
  • Fur dyes
  • Fur conditioners
  • Fur storage containers
  • Fur garment bags

Industry Examples of Fur Business (Retail)

Common products and services typical of NAICS Code 458110-22, illustrating the main business activities and contributions to the market.

  • Fur coats
  • Fur jackets
  • Fur hats
  • Fur scarves
  • Fur gloves
  • Fur boots
  • Fur vests
  • Fur handbags
  • Fur keychains
  • Faux fur products

Certifications, Compliance and Licenses for NAICS Code 458110-22 - Fur Business (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 whether it is natural or man-made. 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) is an international agreement between governments that aims to ensure that international trade in specimens of wild animals and plants does not threaten their survival. A CITES permit is required for the import, export, or re-export of certain fur products.
  • USDA Animal Welfare Act: The USDA Animal Welfare Act sets minimum standards for the care and treatment of animals used in research, exhibition, transport, and by dealers. Retailers of fur products must comply with these standards.
  • Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for businesses that handle hazardous materials, such as chemicals used in the tanning process of fur products.
  • Retail Sales Tax Permit: A retail sales tax permit is required for businesses that sell fur products directly to consumers. This permit allows businesses to collect and remit sales tax to the state.

History

A concise historical narrative of NAICS Code 458110-22 covering global milestones and recent developments within the United States.

  • The fur trade has been a significant industry worldwide for centuries, with fur garments being worn by humans since prehistoric times. In the 16th and 17th centuries, the fur trade was a major driver of the global economy, with European powers such as France, England, and the Netherlands establishing fur trading posts in North America. The industry continued to thrive in the 18th and 19th centuries, with the demand for fur hats and coats increasing among the wealthy. In the 20th century, the fur industry faced challenges due to changing fashion trends and animal rights activism. However, it has continued to be a significant industry, with fur garments remaining popular among certain demographics. In the United States, the fur industry experienced significant growth in the mid-20th century, with fur coats becoming a symbol of luxury and status. However, the industry faced challenges in the 1980s and 1990s due to changing fashion trends and increased activism from animal rights groups. In recent years, the industry has adapted to changing consumer preferences by offering a wider range of fur products, including accessories and trim. Despite ongoing challenges, the fur industry remains a significant part of the retail landscape in the United States.

Future Outlook for Fur Business (Retail)

The anticipated future trajectory of the NAICS 458110-22 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Shrinking

    The fur business (retail) industry in the USA is expected to face challenges in the future due to the increasing awareness of animal welfare and the rise of synthetic fur alternatives. However, the industry is also expected to benefit from the growing demand for luxury goods and the increasing disposable income of consumers. The industry is also expected to adapt to the changing market by offering more sustainable and ethical fur products. Overall, the future outlook for the fur business (retail) industry in the USA is uncertain, but there are opportunities for growth and adaptation.

Industry Innovations for NAICS Code 458110-22

Recent groundbreaking advancements and milestones in the Fur Business (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Use Of Sustainable and Ethical Fur: Some fur retailers are now using sustainable and ethical fur, which is obtained from animals that are raised in humane conditions and are not endangered. This trend is expected to continue as consumers become more aware of animal welfare issues.
  • Use Of Faux Fur: Many fur retailers are now offering faux fur products, which are made from synthetic materials and are designed to look and feel like real fur. This trend is expected to continue as consumers become more concerned about animal welfare and the environment.
  • Online Sales: Many fur retailers are now offering their products online, which allows them to reach a wider audience and reduce their overhead costs. This trend is expected to continue as more consumers shop online.
  • Customization: Some fur retailers are now offering customized fur products, which allows customers to choose the type of fur, color, and style of their garment. This trend is expected to continue as consumers seek unique and personalized products.
  • Collaboration with Fashion Designers: Some fur retailers are collaborating with fashion designers to create new and innovative fur products. This trend is expected to continue as fur retailers seek to differentiate themselves from their competitors.

NAICS Code 458110-22 - Fur Business (Retail)

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