Following unprecedented consumer confidence challenges pre-Brexit, Mitchell & Johnson is to close.
British Hifi manufacturer has just got in touch with the following news: “We regret to announce that Mitchell and Johnson are to close for business with immediate effect”.
“It is with great sadness that we announce the decision, which follows our significant investment transitioning from Far Eastern to British manufacturing, at a time of unprecedented decline in consumer confidence and spending, due to ongoing Brexit uncertainty.
We have worked tirelessly to establish ourselves in the global marketplace since launching in 2012 and have been incredibly proud to offer fellow music aficionados the myriad benefits of British designed and engineered products, following our commitment to UK manufacturing in late 2018.
Tragically, we have been unable to reach sufficient global distribution fast enough to recoup our considerable investment in UK production and sustain our overheads. We would like to take this opportunity to thank our customers for being with us over the past few years”.
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