Can anyone suggest why company's should stop using animal fur in its products?

Because there are already good alternatives out there

Explanation:

Michael Kors Holdings Limited only last year announced their decision to stop working with real fur, and that all fur currently in production will be phased out by the end of this year. “Due to technological advances in fabrications, we now have the ability to create a luxe aesthetic using non-animal fur"

Givenchy also showcased a range of dramatic, exotic-looking fur coats for fall 2018 that to many onlookers looked quite real, except they were in fact artificial.

answer; /// the above statement is (true);