In a letter to their customers, Business Manager Richard Lucas explains why it was necessary to adjust the pricing on some items.
“As with all import distribution businesses HVG Graphics Media is faced with increasing cost of goods due to the declining value in the Australian dollar against our major trading currencies. All of our products are imported from overseas, so the effect of these currencies, which are the US dollar and Euro, have an enormous effect on our products becoming more expensive.
Since February 2015, when we launched our last catalogue, the Australian dollar has declined over 10%, and although we have sought and are still seeking support from our suppliers to lessen the effects of the depreciation of the Australian dollar, we will be publishing a new price list from the 2nd November 2015. This new catalogue will include increases from 5-8%, however it will also contain a number of products with zero increases at this time, and as ever, we provide enormous choice and value for money with trusted products from suppliers who have been manufacturing products for the Australian market for our business for almost 40 years.
We thank you for your support and look forward to your continued business through 2015 and 2016.”
Kind Regards,
Richard Lucas
Business Manager – HVG Graphics Media
HVG Graphics Media
www.hvggraphics.com.au
