- Joined
- Jul 22, 2004
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I found this in an article about "Economy woes" and thought I'd post it here for anyone that might be interested.
What do 100,000 alligators have to do with the economy? The gators are all residents at Savoie's Alligator Farm, one of the largest alligator farms in Louisiana. The farm, which sells gator skin hides to tanners who in turn sell them to luxury designers like Louis Vuitton, has not sold a single hide since November, according to Savoie's.
This business is awful because people are not buying alligator skin handbags and luggage. The makers of designer labels therefore don't need to buy hides. This is tough on the gator farmers who are losing money fast and trying to keep the hides they already have in stock from spoiling. But it's good news for alligators everywhere -- if they only knew.