Move over mink – apple leather is the future of sustainable luxury. So says US retailer Neiman Marcus Group (NMG), one of America’s most storied fur sellers, which pledged to phase out animal fur last June and will stop selling it entirely from March 2023.

CEO Geoffroy van Raemdonck, speaking exclusively to Vogue Business, says the group has already halved its fur inventory, which traditionally skews towards outerwear and accessories. He declined to comment on the financial significance of ending NMG’s fur operations, but described it as “a small but real part of our business that touched a lot of our loyal customers”. He says the company is keen to prove to those customers that they are “replacing something, not taking something away”.

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