I'll go further, I really think the age of the portable radio is dead, and as for Moxxeys price point of £299 I think you are are least £200 short!!!
You may have a good point here... in Sept I went back into education to do a degree as a mature student.... quite a mix of ages in my classes, but I would say that , without exception, everyone under 25 (maybe 30 ) just lives via their phone.....text, messaging, music, radio, mail, web access etc etc.. The idea of buying a prtable radio would, i am sure, be laughable to most of them.
In the same way, very few have a TV where they live- just use their laptops.
Changing times.