As you’ve heard in the news and seen for yourself, inflation is rising at an alarming rate, and the cost of everything is going up sharply. Raw materials (fiber and yarn specifically) have seen increases from 5-40%, and tariffs are coming at us daily on things like dyes and chemicals used in manufacturing.
The Draper Knitting team is working diligently on getting our prices set for 2019 by December 1, 2018. Since we have already experienced most of these increases, there will be no grace period. We are doing our best, but we also must inform you that in times like these, if raw materials take another sharp turn mid-year, we may have to adjust during the year also.
For our customers, please keep an eye out for price increase letters to arrive in your email inbox by December 7th.