A reader recently emailed about my blog posting on price increases.
He says: “This is a timely tip for many manufacturers in our industry this year as raw material costs, labor costs and new business codes in China are driving price increases on toys – some are saying retail prices on some toys could jump 5% -10%. On the other hand, we are not facing this issue this year on the majority of our product line as we continue to look to drive costs out of our supply chain.”
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