Audio equipment does not improve or sound better , they sound "less bad " they cant really improve anything you can hope for a better rendering of your recording such as it is . The recording sound as it does the equipment might slightly degrade it ( electronics ) or introduce gross errors (speakers )
You cant just buy more expensive stuff and then somehow every recording sounds better and better
Wait, just a hypothetical - what if there was transform of the inputs that distorted the original sound inputs in some way so there was lower fidelity, but some, if not all, listeners preferred that sound to the original? In such a case, audio equipment would seem to be able to make music
sound better (even if less veridical). To give a more concrete example, I think there are some people who prefer rolled off high frequencies in their music and genuinely prefer certain equipment because of that distortion. I do wonder about the claim of "warmth" for some tube equipment. I have a restored Marantz 8b. I realize it isn't really doing a good job being true to the input signal, but it does sound nice and warm! I am sure others can offer other examples where there is an identified distortion in the reproduction, but some listeners prefer that sound. (I am also pretty sure that some high end manufacturers intentionally add distortions so their equipment sounds different. If two very good performing pieces of equipment are both true to the input signal, any differences between them might not be detectable to the listener, which is bad if you are selling against solid, not too expensive stuff but you are on the very high end equipment wise - $10,000 CD players, $30,000 speakers, $20,000 amps, etc. - so you give your stuff a "signature sound" and then let the milled faceplates, cool heat sink designs, and hand varnished veneers do the rest along with the silver tongued salesperson).