Homecare Industry Update Europe – China Currency Revaluation


This post a few days ago refers to the impact of Asian sourcing on both large traditional homecare manufacturers and the smaller “importer” – fast brand developing companies in Europe and in Germany in particular.

The announcement (see Reuters article) today of the Yuan revaluation is probably going to remove a point or two of margin from both company types as the customer downstream is still not willing to accept a price increase.

Few, if any homecare companies are making a lot of money in Germany. This does not help.

The writer is going to be in Shanghai next week. It will be interesting to hear the Chinese perspective. More to come…

Bookmark and Share

Related posts:

  1. Homecare Industry Update � Europe, Germany
  2. The Worldwide Homecare Industry Takes A Double Hit – USA And Germany.
  3. Invacare Reorganizes In The Second Largest Homecare Market – Germany
  4. Chinese Sourced Product – Costs To Rise
  5. Who is my Customer? A Story of Achievment in Germany.

Tags:

Post Author

This post was written by Frank Barlin who has written 112 posts on the international medical market place.

Frank Barlin is the founder and Managing Partner at Sibaya LifeScience.

No comments yet.

Leave a Reply