The global demand for leather is at an all time high. The worldwide economic recession resulted in a beef consumption rate which is currently 40% lower than it was in 2006, with no indication it will ever return to its pre-recession rate. Additionally, China’s emergence and desire for real leather products has destabilized the depleted leather hide market, resulting in much higher prices for the raw materials used in the production of high end upholstery leather. Not even six months into 2014, there have already been two waves of substantial price increases from the tanneries to the leather furniture manufacturers. Until now, Leather Creations has been able to hold off these price increases to our customers by securing large quantities of hides at last year’s prices; however, the market has yet to stabilize, and we are now forced to reenter the hide market at today’s inflated prices. Therefore, our new furniture prices will go into effect on Tuesday, July 8th. Coupled with our ‘Fourth Of July’ sale, this will assuredly be the very best price we will be able to offer this year, and most likely ever again. If you are going to buy leather furniture, don’t put it off, as waiting just a few weeks will cost you hundreds of dollars.