World's largest fur auction will close

FILE PHOTO: Disposing of dead mink in a military area near Holstebro in Denmark
FILE PHOTO: Disposing of dead mink in a military area near Holstebro in Denmark

COPENHAGEN (Reuters) - Denmark's Kopenhagen Fur will close in 2-3 years, caused by the Danish government's decision last week to cull all mink in Denmark, the fur auctioneer said Thursday.

Kopenhagen Fur, the world's largest fur auctioneer, will hold final fur auctions in 2021, 2022 and possibly 2023, the company said in a statement Thursday.

(Reporting by Tim Barsoe, Editing by Franklin Paul)