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    Pound and Euro Price Rises

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    • GilesG
      Giles
      IHUK Crew
      Joined:

      Pound and Euro Price Rises

      Once upon a time, we had dynamic currency exchange rates.  Our base currency is US Dollars, but that meant that GBP and Euro prices fluctuated on a daily basis, which caused some confusion with customers, but did ensure that there was price parity between our 3 main currencies.

      A couple of years ago we fixed the exchange rates to avoid these daily GBP and Euro pricing fluctuations.

      Over the last few months, the USD has strengthened a lot, well, more accurately the Pound and Euro have crapped out against the US Dollar because of the uncertainty over our (laugh) Brexit strategy, which means we need to adust GBP and Euro prices.

      As of 1st September, there will be an approx 10% rise in GBP pricing and 5% rise in Euro pricing.  US Dollar will remain as is.

      "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

      last edited by 1 Reply Last reply Reply Quote 0
      • ChapC
        Chap
        見習いボス
        Joined:

        I assume Mr. Farage and Mr. Johnson are no IH customers?

        God has blessed you richly, so get down on your knees and thank him. Don’t forget the less fortunate or God will personally kick your ass. I’d love to do it for him, but I can’t be everywhere. Willie Nelson

        last edited by 1 Reply Last reply Reply Quote 0
        • GilesG
          Giles
          IHUK Crew
          Joined:

          Good assumption….. 🙂 🙂

          "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

          last edited by 1 Reply Last reply Reply Quote 0
          • KasiK
            Kasi
            見習いボス
            Joined:

            Chap you’re right they are all blood Sucker, making Britain make paid the price..

            Sent from my iPhone using Tapatalk

            The world's insane
            While you drink champagne
            And I'm livin' in black rain 4Q 🖕

            last edited by 1 Reply Last reply Reply Quote 0
            • David K.K. HansenD
              David K.K. Hansen
              Joined:

              Once upon a time, there used to be a Brexit thread, seems to have been archived.  Why was this by the way?  Just curious.

              last edited by 1 Reply Last reply Reply Quote 0
              • GilesG
                Giles
                IHUK Crew
                Joined:

                Maybe because it got boring/overly political/was a fairy story.  Cant remember….

                "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

                last edited by 1 Reply Last reply Reply Quote 0
                • mclaincauseyM
                  mclaincausey
                  見習いボス
                  Joined:

                  Turns out being dumb is expensive 😃

                  Think it, be it.

                  last edited by 1 Reply Last reply Reply Quote 0
                  • KasiK
                    Kasi
                    見習いボス
                    Joined:

                    no control over anything nowadays… can’t make their minds up...

                    Sent from my iPhone using Tapatalk

                    The world's insane
                    While you drink champagne
                    And I'm livin' in black rain 4Q 🖕

                    last edited by 1 Reply Last reply Reply Quote 0
                    • DionD
                      Dion
                      Joined:

                      Wise words.

                      last edited by 1 Reply Last reply Reply Quote 0
                      • Stuart.TS
                        Stuart.T
                        Raw and Unwashed
                        Joined:

                        How can we have countries that have puppets in power that are best known for their shambolic hosting of TV shows? The day someone from Geordie Shore, The Only Way is Essex, or Love Island make it in to office (and I don't mean the high street shoe shop…I thank you!), in the words of Ani Difranco, I'm going to take my friends and move to Canada.

                        On a serious note @Giles has the business risk been assessed for any potential price hike due to the impact of brexit other than currency exchange rates fluctuating? Will shipping freight and duty remain the same? (As far as you can sensibly predict)

                        last edited by 1 Reply Last reply Reply Quote 0
                        • GilesG
                          Giles
                          IHUK Crew
                          Joined:

                          There really is zero way of sensibly predicting anything.  We're going to roll with whatever the arseholes give us….

                          "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

                          last edited by 1 Reply Last reply Reply Quote 0
                          • Stuart.TS
                            Stuart.T
                            Raw and Unwashed
                            Joined:

                            https://news.postimees.ee/6699224/architect-of-the-eurozone-the-common-currency-is-a-definite-success

                            last edited by 1 Reply Last reply Reply Quote 0
                            • KasiK
                              Kasi
                              見習いボス
                              Joined:

                              So really after reading that every man for themselves. look like it time to, think for your own backyard than worry about others

                              Sent from my iPhone using Tapatalk

                              The world's insane
                              While you drink champagne
                              And I'm livin' in black rain 4Q 🖕

                              last edited by 1 Reply Last reply Reply Quote 0
                              • C
                                Chad mac
                                Joined:

                                @Giles:

                                Pound and Euro Price Rises

                                Once upon a time, we had dynamic currency exchange rates.  Our base currency is US Dollars, but that meant that GBP and Euro prices fluctuated on a daily basis, which caused some confusion with customers, but did ensure that there was price parity between our 3 main currencies.

                                A couple of years ago we fixed the exchange rates to avoid these daily GBP and Euro pricing fluctuations.

                                Over the last few months, the USD has strengthened a lot, well, more accurately the Pound and Euro have crapped out against the US Dollar because of the uncertainty over our (laugh) Brexit strategy, which means we need to adust GBP and Euro prices.

                                As of 1st September, there will be an approx 10% rise in GBP pricing and 5% rise in Euro pricing.  US Dollar will remain as is.

                                Does this mean I need to bulk buy [emoji55]

                                Sent from my iPhone using Tapatalk

                                last edited by 1 Reply Last reply Reply Quote 0
                                • dave28D
                                  dave28
                                  Joined:

                                  So 634S will be about £283.80.

                                  Glad I bought a bunch of IH jeans back 10 years ago, technically it will be worth several grand on Sep 1st lol….

                                  Most of them are unworn  🙂

                                  last edited by 1 Reply Last reply Reply Quote 0
                                  • AdamCA
                                    AdamC
                                    IHUK Crew
                                    Joined:

                                    You know where we are @Chad mac  😉

                                    last edited by 1 Reply Last reply Reply Quote 0
                                    • GilesG
                                      Giles
                                      IHUK Crew
                                      Joined:

                                      @Stuart.T:

                                      How can we have countries that have puppets in power that are best known for their shambolic hosting of TV shows?

                                      I assume you are having a dig at our American cousins?  Well FFS we are in far deeper shite than them, and the last I knew, none of our current or recent past "leaders" were TV show hosts.

                                      "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

                                      last edited by 1 Reply Last reply Reply Quote 0
                                      • EastWestE
                                        EastWest
                                        Joined:

                                        Boris has actually hosted “Have I got news” a while back. Quite funny in his bafoon like way. Hasn’t changed. Just not funny anymore.

                                        last edited by 1 Reply Last reply Reply Quote 0
                                        • mclaincauseyM
                                          mclaincausey
                                          見習いボス
                                          Joined:

                                          I wouldn't say our orangutan was really a "TV host," as that requires a modicum of charm and wit. He was a "reality TV star," which any knob can handle, as evidenced by the proliferation of people with no discernible talent or skill now clogging celebrity.

                                          Think it, be it.

                                          last edited by 1 Reply Last reply Reply Quote 0
                                          • S
                                            sabergirl
                                            見習いボス
                                            Joined:

                                            A lot of the world is making a sharp right turn towards idiocracy, that’s for sure.

                                            Sent from my iPhone using Tapatalk

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