HMV latest news
This is the title of a painting by Francis Barraud of Nipper the dog listening to a Phonograph cylinder, which was purchased by the company in 1899. The brand itself is over 100 years old, with origins dating back to a Gramophone Company on London’s Oxford Street in 1921.
The last decade has been incredibly tough for HMV, being saved from administration twice, by Hilco in 2013 and then again by Sunrise Records in 2019. Since then, it has closed unsuccessful high rent stores and plans for stability before rebuilding again in the future. A key part of its future growth is likely to be due to emulating growth strategies used in Canada and leveraging the vinyl revival.
HMV Products and Services:
- Audio – CDs, Records
- Video Games, DVDs and Blu-Ray
- Pop culture merchandise
- Record players and headphones
- HMV Digital – an online music download service
Following being placed into administration at the end of 2018. Canadian record store chain Sunrise Records announced its acquisition of HMV for an amount of around £1 million. 27 HMV locations in the UK were immediately closed due to high rent costs, but Sunrise insists it has plans to maintain and eventually expand the brand once again. Doug Putman, CEO of Sunrise Records, is now stated as owning HMV and its subsidiaries (including Fopp).
As of 21 May 2019, there were 113 HMV stores across the UK, however this figure is likely to have changed slightly now.
All music, television and other products can be bought online and can be ordered for download, home delivery or click and collect.
In 2019, HMV had 1,600 employees, predominantly working in the stores all across the country, with some also working in administration and in the head office.
The HMV head office is located in London:
Mermaid House, Puddle Dock, Blackfriars, London EC4V 3DB
nchHMV can be contacted via phone or email to their London head office.
- Telephone: 0333 323 4754
- Email: [email protected]
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