HMV
This coverage focuses on HMV’s position and performance within the UK retail sector, highlighting store strategies, brand revival efforts, merchandising approaches, and financial developments. Reporting also examines management decisions, market challenges, and the retailer’s adaptation to changing consumer trends. Insights are tailored for retail executives, brand managers, and professionals interested in the dynamics of entertainment retail and high-street resilience.
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Dec- 2018 -18 DecemberEconomy
HMV’s Hong Kong operations enter liquidation following 41% revenue fall
HMV is to wind up its Hong Kong stores after entering liquidation today (18 December), the company blamed a 41% revenue fall on the previous year along with the “global development of information and economic climate”. The retailer said the company’s insolvency was also to blame for the liquidation along…
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Oct- 2018 -29 OctoberEconomy
HMV tops Amazon on physical music sales
HMV has overtaken Amazon for physical music sales, the entertainment retailer increased its market share to 28% during the 12 weeks to 23 September. According to research published by Kantar Worldpanel, the release of the 100th edition of Now That’s What I Call Music which sold almost double its predecessor,…
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2 OctoberComment
How can ecommerce brands make the most of the sharing economy?
Not so long ago, the idea of renting out our homes to strangers, leasing clothing from brands or even sharing taxis with fellow commuters would have been anathema to many. But today, thanks to the emergence of the sharing economy and the brands that have come to define this trend,…
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Aug- 2018 -31 AugustOnline & Digital
The Cotswold Company appoints former HMV CEO as chairman
True, European retail and consumer sector specialist investor, has appointed Ian Topping as chairman of online furniture retailer, The Cotswold Company. Topping will work alongside the management team in driving the strategy and continued growth of the business. Topping will be resigning from his current role as chief executive at…
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6 AugustHigh Street
Game and HMV report ‘impressive’ sales growth
Entertainment retailers HMV and Game have reported an increase in shares of physical entertainment sales for the 3 months to 1 July, despite the overall market declining by 11%. The latest data on the physical entertainment market from Kantar Worldpanel shows a return to growth for mint games, supported by…
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May- 2018 -25 MayDIY
Homebase sold for £1 putting 11,000 jobs at risk
Australian retail group Wesfarmers has sold Homebase to HMV owner Hilco Capital for a token £1. Hilco specialises in restructuring and refinancing other companies and will acquire all Homebase assets, including the brand, its store network, freehold property, property leases and inventory for the nominal amount. Homebase was acquired by…
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Apr- 2018 -23 AprilAdvice
Retailers should capitalise on the fluid workforce to gain competitive advantage
The rise of digital has completely transformed the retail landscape, bringing with it a raft of new opportunities – and challenges – for companies to grapple with. Not least among these is the emergence of a new generation of ‘asset-light’, pureplay ecommerce businesses, which have dramatically ratcheted up the level…
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5 AprilNews
HMV CEO resigns after five years at the helm
HMV chief executive, Ian Topping, has resigned in order to “take on a variety of part time challenges”. After leading the entertainment giant for the last five years, he will spend six months handing over the reins to a new management team. Current retail director, Neil Taylor, has been appointed…
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Feb- 2018 -9 FebruaryHigh Street
HMV owner eyes the purchase of Toys R Us
The downfall of Toys R Us could be delayed as HMV owner Hilco Capital sets its sights on the toy retailer. Hilco Capital purchased HMV five years ago and saved 132 HMV shops from closure. Hilco Capital met with Toys R Us UK executives earlier this week to discuss the…
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