Guys,
Let me put some details in perspective for you, rather than make assumptions.
Lets look at a typical U.K company wanting to sell speakers in the U.S.A.
Two years ago the exchange rate was 1.95 now it's 2.05
A typical company will have a distributor margin 40%
A retailer margin, on speakers is around 50%. Some dealers want 55%-60%.
The C.I sector needs 70% retail margin to even be interested. So take the retail price less VAT and take of 70% margin - then take off 40% distributor margin - then take off local rep firm cost typically 5-7% - then take off duty and shipping costs. The manufacturer is left with the rest to make it and make a living. So when you use a big brush to comment, please make sure you really know the facts.
Monitor Audio DOES still make some speakers in the U.K.
And, unlike most other companies owns a factory in China will supervisory, director level and Q.C staff sourced or moved from the U.K operation.
Raw material costs have risen by around 60% In China over the last two years, but then most Finance Directors doing international business will know that!