Brexit and the £
Since the votes came in, the pound has been on a steady drop. Whether it will recover only time will tell. However, a large number of our products are imported by us on a regular basis, so any change in the GBP has an instant effect on our pricing. Prices will be going up this week, the main brands affected are -
Velo Orange, Compass, Pelago, Grand Bois and Soma.
We will be monitoring the GBP and amending our prices in your favour as much as possible. Fingers crossed it will settle down over the next month or so. Currently it is looking at a price increase of 14-16%.