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Snow Maximum: Snow raises prices, at a rate that can reach 25 percent - Walla! Of money

2021-11-24T21:40:44.222Z

The company, one of the largest suppliers of toiletries in the country, will raise prices for a variety of its products. Bath lotions are expected to increase by 16 percent, many other products by more than 10 percent



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Snow maximum: Snow raises prices, at a rate that can reach 25 percent

The company, one of the largest suppliers of toiletries in the country, will raise prices for a variety of its products.

Bath lotions are expected to increase by 16 percent, many other products by more than 10 percent.

Snow responded: "Due to the rise in raw materials and prices of change and transportation, there are price increases"

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Wednesday, 24 November 2021, 23:30 Updated: 23:33

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For many months we have been told about rising product prices due to rising inputs, and it seems that the big wave is starting to wash over us.

Following the announcement by Shestowitz yesterday (Wednesday), Snow also announced a rise in the price of its products - at a high rate that could reach more than 20 percent.

The rise in prices was first reported in News 12.

More on Walla!

Stop blaming the business sector for the cost of living

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It is not very cheap to buy soap today (Photo: ShutterStock)

Snow is one of the largest suppliers in Israel.

According to the report, disposable molds are expected to rise in price by 22 to 25 percent, bath lotions by 16%, snow sushi towels by 14%, Snow Maxima's concentrated fabric softener by 12%, 32-roll toilet paper by 12% And Carline Shampoo and Fun Shampoo by 10 to 12 percent.

These are significant increases that will increase the price of the product basket.



The move comes against the background of the erosion in the company's profits, which fell in the third quarter by about 2 percent.

This is due to the rise in the price of raw materials and the fact that the public is already less inclined to purchase cleaning materials.

The exit from the corona created a decrease in demand and revenues decreased by about NIS 6 million.



His message to News 12: "Due to the rise in raw materials and prices of change and transportation, there are price increases."

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Source: walla

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