In reaction to the recent Brexit vote, SPS Group is making a bold move to bring some stability to the promotional market.
They have guaranteed that there will be no price increases in 2016 across the SPS and High Profile product ranges.
SPS CEO, Phil Morgan, commented: “Since the Brexit vote, we’ve had feedback that our customers are experiencing price increases from their suppliers, largely due to fluctuating exchange rates and economic uncertainty. Given that our customers already work so hard to secure orders, we don’t believe that we should make their job even harder by increasing their prices. We see that the industry needs stability more than ever, and so that’s why we’re guaranteeing we won’t make any price increases this year. Of course, as a company, we’re experiencing price increases from our supply base, but we are making the decision to absorb these costs in order to keep the promotional market moving forwards.”
SPS are also offering a price-match promise for the rest of the year, assuring that they won’t be beaten on price.
For more information on the SPS range, visit spseu.com
Published on: August 12th, 2016