Richard's Blog

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Author: Richard Gyde Created: Wednesday, April 1, 2009
Observations about Mila Hardware and our industry

Mila this week announced price rises across our ranges of between 5% and 12% to come into effect from 4 April.  This is in part because of significant rises in raw material costs and also the effect of the devaluation of the Dollar against the Chinese Yuan.

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In the same week that we learnt about the possibly permanent demise of Glassex, I headed east to visit the first ever Fensterbau exhibition in India - and the contrast couldn’t have been more obvious.

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For the past few weeks we’ve been gearing up at Mila for Chinese New Year.

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How are you doing with your New Year’s Resolutions?  Apparently, today is the gloomiest day of the whole year for most of us – dubbed Blue Monday, partly because we realise that our best intentions have already been very short lived.

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Happy New Year to all our customers, suppliers, colleagues and even competitors who read my blog.

I hope you enjoyed a relaxing and suitably indulgent Christmas break and, like me, are now feeling refreshed and enthusiastic about the New Year.

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The response to our Key 7 Lite catalogue which we launched just eight weeks ago has been massive and we’ve been inundated with requests for copies.

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It’s flu jab day today at Mila – when we offer all of our staff a free flu vaccination to help them avoid the dreaded virus this winter.

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So apparently the economy grew by 0.8% in the last quarter, with much of that growth driven by the construction sector.  At the same time, we're told the economy is braced to lose 500,000 public sector jobs and an unknown quantity of private sector jobs as a result of last week’s public spending review.

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Last week I went on my annual visit to Glassex.  It was good to catch up with some familiar faces and to have a look at a few new initiatives, but overall I think the show was disappointing.

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I’ve talked a lot on this blog previously about Mila’s determination to set new standards in the hardware sector and to effectively set ourselves apart from our competitors by benchmarking ourselves against the best businesses in other industries.

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