Blog

Good afternoon,

 

It was great to see everyone this past week in High Point in our Norwalk showroom. Many of you participated in our seminars, took part in our Intiaro vodka tasting and from the initial looks of the orders, many of you needed upholstery to fill floors. For all of this, I thank you. 

 

Our industry continues to thrive even with the shortages of raw materials, labor, and transportation. Since our last price increase on June 22nd, we have seen double-digit increases from many of our outside vendors including springs, reclining mechanisms, foam, and plywood. For these reasons, we will have a line-wide increase of 5% effective November 23rd. Based on macro-economic projections, we anticipate these raw material price increases will continue over the next few quarters. We are committed to taking as small of an increase as we can to help you absorb these price increases at the retail level, but we do need to let you know what we are anticipating. New price lists will be online next week for download in the Customer Center.

 

We continue to see delays in our specialty cores and backs from our third-party vendors. This past month we have been able to add an additional vendor to help relieve some pressure, but they are still behind in labor. Even with all these delays, the demand for specialty cores continues to rise. In the last year, we have seen a 40% increase in specialty core orders. With this increase and delays, we are adding an additional 2 weeks for specialty cores extending them out to 30 weeks. We know this affects not only the new orders but the ones currently in the system. Over the last few months with these delays, many of you have converted orders to our in-house produced ultra cores. This has helped speed up production and we have been able to keep orders with ultra core cushions on or around 18 weeks.

 

In an effort to reverse the trend, we are continuing to increase production units on a daily basis, including hiring and training additional employees, and working toward building our own specialty core construction in-house.

 

We know this has been a challenging year. We appreciate your business and your support as this ever changing world continues to turn.

Scot Kanaly

Norwalk Furniture, VP Sales

419-744-3391

Dear Valued Fabricut Customer, As you are likely aware, the world supply chain has been experiencing notable challenges due to increased demands, cost increases of raw materials, lack of global labor and shipping constraints. All of these factors are resulting in increased pricing within all areas of the supply chain in our industry. Fabricut’s various hardware brands have all been hit with price increases which we have absorbed until now. While we have absorbed these increases for as long as possible we now need to pass on some of the increases to our customers. Paris Texas Hardware and The Finial Company have already published a price increase and now we have increases in Byron & Byron, Trend, Fabricut and Quick Ship Hardware. Increases average anywhere from 6-25%. Byron & Byron, which has not had a price increase since its launch six years ago, has incurred the most significant increases. Please note that the new pricing is already on fabricut.com in the Download Center and that the new price lists take effect on Monday, October 18th. Fabricut will honor existing pricing on any hardware quotes given in the last 30 days. For questions or help with your hardware order, please contact our dedicated Hardware Customer Service team at 800.763.1348 or hardware@fabricut.com. We thank you for your business and appreciate your continued loyalty to all of our brands. Sincerely, David Finer CEO Fabricut, Inc.

Price Increase October 25, 2021.pdf

Download Updated Price List | View online SIGN IN FURNITURE MIRRORS ART LAMPS LIGHTING ACCESSORIES Ladies and Gentlemen: I would like to add some additional comments to my August 13th letter below. Business conditions remain challenging.  Nevertheless, we are doing everything possible to build up our inventory and reduce our lead times.  It will take many months to get our performance back to where it should be, as we simply can't produce and get containers fast enough. Container availability remains our biggest bottleneck with limited capacity, which is driving up costs from just a few weeks ago.  Due primarily to this, we must pass along another price increase to help cover some of our cost increase.  This increase averages out to 5.6% overall.  We review this item by item with all costs reviewed.  Please see the price changes and new price list linked here.  This new price list is effective September 7th.   I know business is difficult at retail also, and the frequent price changes are tough to manage.  We are not passing along these cost increases without great thought as our aim is to be the best vendor partner possible.   Thank you for your patience and your business. Sincerely,

Dear Valued Customer,

We have been advised from our trusted partner Paris Texas Hardware and The Finial Company™ that they are facing significant challenges with global material shortages, manufacturing capacity and ocean container supply constraints, all of which are resulting in escalating pricing pressures within each segment of the supply chain. These are issues that we face not just in hardware but in all segments of our business. We all have been doing everything within our power to prevent, negotiate and dispute the cost increases incurred because of these challenges while working hard to protect our customers by absorbing the initial impact and cost of goods price increases over the last 3 years. Because of the high increases being incurred, Paris Texas Hardware and The Finial Company are passing on a price increase to their customers.

Effective August 1st, Fabricut will be implementing a price increase across the following categories:

PRODUCT CATEGORY	PRICE INCREASE
Decorative Drapery Hardware* (including The Finial Company™, The Finial Company™ Metal Baton Draw Traverse and Paris Texas Hardware)	10%
Manual Corded and Baton Draw Traverse Systems for The Finial Company™ and Paris Texas Hardware (excluding The Finial Company™ Metal Baton Draw Traverse)	15%
R-TEC Automation® Motorized Traverse Systems, Somfy Motorized Traverse Systems and BTX Motorized Traverse Systems (including motorization and automation accessories)	15%

Fabricut will honor existing pricing on all orders placed and pending between now and August 1, 2021. We will have the updated digital price lists in August.

*A 10% tariff surcharge will still apply to all decorative drapery hardware in The Finial Company™ and Paris Texas Hardware.

We appreciate the opportunity to be part of your business and strive to be the preferred partner to continue to help you profitably grow your business.

Best regards,

David Finer

Chief Executive Officer

Fabricut, Inc.

Dear Folia Customer,

As you may be aware, there have been unprecedented increases in the cost of inland and ocean and air transport over the past year. The logistic companies have advised that we can expect these increases to continue in the coming months due to the lack of transport availability, heightened demand, congestion in ports of departure and arrival, and Covid protocols. As a result, worldwide shipment costs spiked to more than four times the normal rates in just the last 60 days.

We have been absorbing these additional costs for the past six to eight months, but the size of the most recent increases puts us in a position where we can no longer do so completely on our own. We will continue to absorb a fair share of the increases ourselves, but beginning August 2, 2021, we will be applying a Freight surcharge of $.35 per yard and $.35 per roll of wallpaper to all invoices. 

We will continue to monitor the transport issues for the next 4 to 5 months with the hope that the situation eases and reverts to more normal levels. 

Thank you for your continuing support.

$20 off of Printed Table Canvas from The Workroom Marketplace. Discount code is available within vendor list.

New pricelist effective 7/1/2021

Removed from the vendor list.

Hello all,

Effective immediately, the discount for The Home Sewing Depot is changing to 10%. Please login and check vendor list for new discount code.

Thank you,

Jill