Hahnemuhle Recinds Proposed pricing corrections

[SarahNewman]

Good news for now, this just came across my desk-

Dear HFA dealers;
 
Following the recent announcement referencing our global pricing synchronization, we have discussed with and reached agreement with our senior management that the required pricing adjustment is not sustainable in our market. Therefore; a pending pricing alignment has been revised to reflect a more practical approach.
 
The proposed pricing corrections scheduled for implementation on Aug 3rd are rescinded. A new pricing table will be published later this week which will reflect what we feel is a very fair compromise. This new price schedule will be effective September 1, 2009. Of the 250+ SKUs in the Hahnemuhle USA line, approximately 100 of these will show price reductions and of those that do require an upward correction, they have been capped at a much lower amount. We trust that this alteration will be far better for your business.  
 
The overall intention of the proposed changes is to reflect relative worldwide parity in both Street and MAP pricing as we look to the future and protect our business. We highly value the partnerships we enjoy across our entire customer base and we apologize whole-heartedly and without reservation for this inconvenience.
 
 
Yours sincerely,
 
Martin Kerver
President - Hahnemuhle USA

[JohnBrew]

Thanks for the heads up, Sarah.

[daws]

Like the product -- class act.

[SarahNewman]

Here's the scoop on the Hahnemuhle Price Changes-
"Effective September 1, 2009- Of particular note are the “Green” (Bamboo and Sugar Cane) and Baryta products, which have been capped at 15% and 10%, respectively. The costs in materials for these products have increased dramatically so we hope the new adjusted price points are found to be fair. We trust that these very modest adjustments, plus the 100 or so items which have been priced downward, continue to provide your business with a competitive edge." Also, Iris and half Iris Sheets are not on the current price list but will be available upon request.