Announce a price increase - 1

Dear Felix

We regret that rapidly rising costs for raw materials necessitate our raising the price of all footwear 10%, effective January 1. We have made every attempt to avoid the increase, but we refuse to compromise on quality. This is our only recourse. We think you will agree that the quality of Chris shoes should not be sacrificed. We look forward to another year of association with you.

Regards
Lydia