closeImportant Message Concerning Hanwei Products
Dear Customer,
Since our last communication regarding the cessation of production in Hanwei we have received very little further information from the factory, with the exception that we have been advised that factory prices will increase very substantially when production resumes. We believe that the increases are partly due to sharply increased labor and material costs in China but have been given no information beyond this. Our current inventory levels of Hanwei products are very low; many items are out of stock and will remain so until mid-year at the earliest. Accordingly, all existing backorders for Hanwei products are being cancelled.
Until the end of February we will be offering the remaining Hanwei inventory at 20% over current wholesale prices. From the little information we have, factory prices are likely to increase much more than this. Only standard volume discounts will be applicable.
We stress that the disruption in product supplies from Hanwei will have no affect on our operations with GDFB merchandise and the Rawlings polymer sparring sword line, both of which will be available at current prices and discount arrangements.
Again we sincerely apologize for this situation and its impact on your business.
Thank you,
Team CAS Hanwei