Glem Gas managing director, David Gilmore has confirmed a 7% price increase across the entire Glem Gas and Emilia product range, effective 1 October, 2021, due to increasing costs of raw materials and logistics, as well as inflated prices of components due to limited supplies.
“Also, with the introduction of fumigation, another cost is added while extending transit times even further. Not a great outcome given that shipping times are already extended,” he told Appliance Retailer.
“We have used the stability of the Euro as a buffer, but it is not something we can control. If it moves in the wrong direction, we can be badly exposed.”
Gilmore acknowledged that 2020 was “something special in the industry” with unprecedented sales demand, but business remains buoyant, and he is optimistic for the rest of the year. “We have a lot of consumers who we are speaking to that are waiting for stores to open to allow them to make the final purchase decision.”