Price increases for 2022
Following our "Building in public" philosophy we share with you our successes and our struggles. This time?
Rising raw material costs and price increases.
Only in 2021 so far, some raw materials, like cardboard /carton for the packaging has increased in price 5 different times. And more will probably come in the rest of the year.
Cork, plastic, glues, fuel, shipping ... everything is increasing in price. From 5% to 55%.
We're not resting on our laurels. We are increasing inventory as much as we can to increase order volume and reduce the cost increase impact on price, but some of our products have had the same price since 2015. We can't keep them anymore.
We're not alone. It's global thing.
We have been working, crunching the numbers, reducing our margins where we can to propose just a small price increase on all our products from January 1st 20022.
The price increase will be from 1,72% to 6,9%. With several products not increasing prices, like the Surf Ding Patch or the Outfit collection.
We greatly appreciate your continued support through this time of growth and change. If you have any further questions or concerns regarding this price increase, please do not hesitate to reach out.
Thanks and sorry 🙏