Monday, February 13, 2017

Sonos Boosts UK Pricing By 25 Percent Due To Brexit

Santa Barbara-based whole home music system developer Sonos is boosting its prices in the United Kingdom by 25 percent, due to "a significant change on the US Dollar to GBP exchange rate." the company said over the weekend. The company said that, starting on February 23rd, it will be boosting its prices in the UK, because its existing pricing has "become unsustainable". The drop in the pound has come as a result of currency rate changes due to Brexit.