I got this email too and at first panicked because I thought they were going out of business. They aren't. Just a price increase. Par for the course.
The GBP has been historically weak for the last several years, which probably isn't helping them. I came close to buying a Three10 from them recently because a new one wasn't that much more expensive than a used one. Ended up working out a deal for the used one which should be here soon. I've had a Big Twin and a Super Twin in the past and they are tremendous cabs. Barefaced is a small company that makes a niche, boutique product for people who are willing to spend money on a niche, boutique product. It's likely a tough business to sustain and I'm actually surprised and pleased that they've been around for 16 years. They seem like great people (Alex is always super helpful if you email him with a question) and they make a great product. That said, it's not easy for ANY small company to stay in business, let alone one that sells a niche, boutique product in an inflationary environment to a global marketplace with a weak currency on top of it all. I would encourage any of you to give one of their cabs a try if you've got the coin (I say this as if I have the coin. I don't. I had to sell stuff, lol.)