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Folia price increase effective July 1, 2021

Thursday, June 03, 2021 9:10 AM | Jill Ragan Scully (Administrator)

Dear Folia Customer,

First and foremost, we hope that you remain safe and healthy during the Covid-19 virus pandemic period. In addition, we also wish you the best in the maintaining a viable business model as you navigate through the financial impact that the Covid-19 virus pandemic has had on all businesses in our industry and beyond.

Unfortunately, this unprecedented pandemic period has greatly impacted our decorative fabric supply chain from all over the world. Costs for all the raw materials and yarns such as Poly/ Cotton/ Viscose has skyrocketed by over 25 % in addition to all dyes, chemicals and oil prices. Additionally, the unbalanced trading around the world created high congestion in ports and high demand for shipping containers. All these activities have led to sharp escalations in logistics and freight costs from all worldwide shipping points in addition to excessive delays and timelines.

All these spiking supply chain cost increases has created a “perfect storm” scenario and has fueled the necessity of increasing our prices. Effective July 1, 2021, we are increasing our prices by 5 - 6.5%.

Please note, the price increase affects only orders placed on, or after July 1, 2021.

You can obtain a copy of the New Ralph Lauren fabric and wallcovering July 1, 2021 price list by logging onto the Folia Customer website at: http://customers.folia-fabrics.com  or by emailing Folia Customer Service at: customerservice@Folia-fabrics.com and we’ll email you an Excel pricing file of the July 1, 2021 price list.

Thank you for your valued business during this difficult time, your understanding of this situation and for your continued support..

Sincerely,

Daniel J. Bonini, President


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