EXCERPT:
LaFOND: "Yeah, well, for the past few months, we‘ve absorbed all those increases, which is something that unfortunately is just not sustainable. Over the course of this past month here in August, we contracted all of our clients and said, 'Hey, we‘re going to be recording your business based on the ingredients, the inputs that you have and how we can continue to operate.' So we‘ve weathered the storm by basically taking on a lot of additional costs. But beginning today, September 1st, we‘re passing those on to our clients who in turn, when they sell to the American consumer, they‘re going to see those price reflections. So we‘ve already seen kind of a slowdown in terms of interest and purchasing of personal care products this year. And I think as these prices continue to rise, unfortunately, the American consumer is going to bear the brunt of that."