David's AW News: StrangeThings
Greetings from Yiwu, China
Hope you are doing
well!
Last week I was
telling you about the Muggy weather and Mooncakes here in China. If you missed
it you can catch up here. We are still eating the mooncakes. And still in Yiwu
city.
The weather has
strangely cooled dramatically.. 15c drop in a day.
We have been working
crazy here, running around working down our wish list but also happening on
some new products that you are absolutely going to swoon over.
Tomas and Coco are an
ace team.. making lots happen. I'm just the spreadsheet guy :/
Yesterday Coco loaded two containers in one day.. working late into the night. So Tomas and I were able to focus on our orders and get organised.
On the same day in
India.. Mr Chatterjee loaded a container and Ringo in Bali also.. his team
always sends me a picture when they finish..
China drama - the end
of the world as we know it.
Coco told me that the
dramatic change in temperature is messing with nature in China. This time of
year the highly fragrant Osmanthus Fragrans or Tea Olive tree blossoms across
China giving off a jasmine like fragrance.
Except this year this late blossoming tree just didn't blossom. And
apparently that is a sign that the world will end soon.
Indian drama - money
in a black hole
Mr Chatterjee (our man
in India) is in a flap, the flow of money to India to fund the artisans that
supply us came to an unexpected and unexplained halt. Mr Chatterjee and his son
are our agents in India and deal with the small artisan businesses that we like
to trade with. An Indian major holiday is coming up, and most small companies
pay holiday money at this time, so there is a big rush to finish orders and get
paid. But a lump of €29,000 in that supply line had gone missing. Chatterjee
started to ring alarm bells more than a week ago, and then it seemed no money
was arriving. Adam, our financial controller, was chasing, but he put it: total
radio silence.
I don't want to tell you the bank's name, but one of the biggest, you can guess. Almost two weeks waiting for the money and nothing, nada, zilch in the way of communication. I called our bank manager directly and left answer phone messages. Finally he called me back.. well it's not his personal fault so no point in getting angry, but it turns out that the reference number used on this payment was similar to a sanctioned Russian business. Apparently lots of international payments have been thrown into limbo, and the staff checking them are in no rush. As I write this the money is still blocked.. we are currently being asked to prove that nice Mr Chatterjee is not a Russian gangster.. it's a strange world..
Talking about strange
things.. Yiwu wholesale market has everything you can imagine (80,000 showrooms)..
but I was amused to see Trump playing cards and fake money on sale..
Back in the warehouse..
lots of Indian stock has arrived. The team are working very hard to get
everything online.
With less than 90 days
until Christmas.. now is the time to stock up.
Anyway, there's a lot
to do..
Wishing you a
wonderful weekend, and (if the world doesn't end) more news next week.
Take care
David
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