Yarnundyed GBP Price Increases effective from Monday 10th October 2022
We have tried hard to keep our prices stable and Yarnundyed has not increased the prices of the majority of its products for over two years. Over this period we have faced headwinds of increased freight costs and, more lately, we have experienced significant changes to most of the fibre costs for our yarns. There have been very substantial price increases for silk, cashmere, cotton, linen and BFL over the past six to eight months which are being reflected in current yarns being spun. Whilst the cost of merino fibre has also increased, the level of increase for merino fibres has not been as great as the other fibres listed. Our suppliers have also faced increased energy and other input costs which are being reflected in higher costs to us.
We operate on quite small margins and so reluctantly have to pass these increases on through higher prices. We have limited the increases as far as has been possible but larger increases will be applied on BFL, cotton and bases with silk and cashmere. We have also had to increase the cost of minis due to higher reeling costs.
We are providing you with a little advance notice of our price change to allow you to complete orders which you may have been planning. However we do not wish this notice to be misused and so reserve the right to limit orders placed in the week before these prices take effect which are above your average monthly purchase level over the past twelve months. Orders placed and paid for before midnight (British Summer Time) on the 9th October 2022 will benefit from current prices (subject to the cap referred to above). We understand that provision of advance notice of the price increase is likely to generate a higher than usual volume of orders over the coming week and so please understand that there may be a longer than usual turnaround time for dispatch. In particular, we will spread the despatch of MERNY orders over several weeks to smooth the despatch volumes.
We appreciate your support over what has been a very challenging few years for all of us. We have battled to keep products in stock during supply constraints at our spinners as they have struggled through Covid driven staff absences. We have just returned from a visit to our main Italian spinner and it looks as if they are now back on track with many of the products for our next six to nine months' supply either in production or planned. Whilst, from time to time, there will inevitably be outages due to demand running down stock ahead of re-supply, we have re-established healthy inventory levels for many of our bases and will be taking deliveries of several others in the next few weeks, including our biggest ever spin of MERNY4H.
With many thanks, the Yarnundyed Team