As you know, we import Fabrics and Componentry from Acmeda and Texstyle in Australia. The $AUD-$USD cross rate has fallen significantly recently, and adding to this, the $NZD-$AUD has also fallen.
As both suppliers trade in $USD we have been notified of a price increase as of July 1st 2015. In order to be fair however, we will be increasing our prices on the 1st August to give you time to advise your customers should it be necessary.
Increases will be as follows:
Acmeda: 5% on all products except Aluminium extrusions*
Texstyle: 8% on all products except cut length charges.
We regret having to pass on these increases however downward fluctuations in cross rates between the currencies listed above deem this out of our control.
We take this opportunity to thank you for your understanding and ongoing support, and look forward to continuing our work together in the future.
Geoff, Jeremy & all at GAT Agencies Ltd
* does not apply to RB93-0443-000580 - S45 STD Extrusion.