In 1967 there was a collapse in the world leather market, due in part to the demand for material caused by the Vietnam war. Price of "notes on the accounts… show that for the same amount of leather production the hide cost rose from approximately from £2.9m in 1964 to £3.3m in 1965 and finally to £4.2m in 1966".[6] However Barrow Hepburn and Gale were successful despite the slump in the 1960s, indeed seeing a turnover of £22.5 million in 1967, which saw a crash in the UK leather industry. The chairman Richard Odey even took the opportunity to expand and sought to buy up as great a share of the shrinking market as possible.