Well, again we have the Euro over $ 1.43 what sends again our cost up an extra 14%
If we add the newly increased prices by Manufacturers in Germany to this 14% since the last 20 days, makes our inventory more attractive than ever.
We do not rise prices based on new announcements or increases on those products we have in stock. To calculate our selling price, we take the real cost landed in our Store at the moment we pay for it and only those items on that particular shipment are calculated with a new price, either higher or lower, what gives our Customer the guaranty that they will get from us the lowest available price at release time.
By fortune, our sales remain very strong and we can say we are not falling on the "recession" that hits the World. It is know that when more problems attack people, they hide on their hobbies, so our Industry keeps doing well.
We can not say however that this year can't be better, no. Our sales growth was just a 11% compared with last year even when December has been lower than past year in Marklin and Trix, maybe because there was not enough releases during December so there was not that much to Invoice, but on Radio control and other Train Brands such as Brawa, we did spectacular.
So, as Christmas approaches fast, we would like to wish all our Customers and Friends a very happy Holiday Season, whatever your religion might be and hope that we will continue with the tremendous support we keep having from our Loyal Customers all year long.
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