I posted previously about how Pisgah Yarn Company was sold to the Canadian firm SpinRite. Now I am posting briefly about something strange I discovered. I have been researching many of the sites that still have some Peaches and Creme yarn still in stock. When I ran across CottonClouds.com, i almost had a heart attack over their prices. For example, at their website, a cone of ombre worsted weight Peaches & Creme is..wait for it…
At first I wondered if they were a non-US company and so their high prices reflected extra shipping costs. Nope. Their phone number is American. CottonClouds.com has either always had pricing that is more than double what is normally charged, or they are hoping that desperate crafters will pay their inflated prices. I checked a few of their other yarns to see if they always charged abnormally high prices and guess what? It seems like the only yarn that is priced so high is Peaches and Creme.
Am I saying that a private company shouldn’t be able to charge what they please? Nope. I just think it is ridiculous and a little outrageous to decide to jack up the prices of a discontinued product so high because there is still a loyal customer-base. I probably wouldn’t have even cared if this money-grab hadn’t been so blatant and so greedy.
I have a bad taste in my mouth. I still hope that maybe they always had their prices this high..but I doubt it.