Well, the change in the dollar/pound exchange rate is great for my US customers, but not so great for us. We pay our biggest supplier in US$, and this morning I had a very nasty shock. A few weeks ago I paid for a big order, but the funds went to the wrong bank account, and I had to wait for them to be returned so that I could resend them. In the meantime, the pound fell against the dollar (I hope I have that right!). Today I resent the payment, five weeks after the original payment, and it ended up costing me £500 more than last time, because of the exchange rate. That’s a lot of money!!!! I was already gloomily thinking I would have to raise some of the prices a little bit, but now I definitely will have to. I hate to do it to you, but needs must.
So, from January the following price changes will apply. (and if I was you, I would grab some of the yarn now while its cheaper!)
Sophia 2-8ply – £11 (was £10) per 55g
Eva 2-8ply – £9 (was £8) per 55g
Emily – £13 (was £12) per 100g
Laura – £14 (was £12) per 100g
Lei – £13 (was £12) per 100g
Our other yarn prices will remain the same.
(A happier blog post tomorrow, with photos of my lovely Flyte!)