Sonos UK prices to rise by up to 25 percent

Hashtag Brexit Question Mark

by hodg100 Feb 14, 2017 at 7:33 AM


  • Hi-Fi News

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    Sonos UK prices to rise by up to 25 percent
    Wireless and multiroom speaker specialist Sonos is to raise its pricing in the UK, across the board, by up to twenty five percent in some cases.
    Sonos made the announcement via a customer help page where it attributed the price hikes to the decreasing value of the pound against the dollar. They aren’t the first tech company to increase UK pricing, of course, with both Apple and Microsoft recently increasing their prices owing to the declining exchange rate of the pound.

    Sonos’s entry-level Play:1, is going up from £169 to £199 while the step-up Play:3 will be £299, from the 23rd February, compared to the £259 it is now on the company’s website; the flagship Play:5 increases by £70 to £499 from £429 (for the mathematically challenged).

    A statement on the Sonos website read:

    Our prices are defined regionally. In the UK, this includes local taxation and import duties, but we pay for everything we make in US dollars.

    Over recent months, there has been a significant change on the US Dollar to GBP exchange rate. As a result, our existing pricing has become unsustainable and, like many other companies, we have to increase prices for all products priced in GBP
    .”

    They’re not the first and almost certainly won’t be the last…

    Source: Sonos

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