|
Post by eightiespopkid on Jul 31, 2007 11:32:53 GMT 1
This has got to be good news, not least for the employees. And Nottinghma gets its Fopp back ,yay! (Source: MW) Tuesday July 31, 2007 HMV buys Fopp brand and stores HMV has bought the Fopp brand and up to six of its stores, depending on landlords’ consent, from administrator Ernst & Young, Music Week can reveal. All six stores will continue to trade under the Fopp name and will re-open as soon as possible. The move will also save up to 70 of the 700 jobs that were lost when Fopp went into administration at the start of July. The stores are located in: • Cambridge - 37 Sydney Street • Edinburgh - 3/15 Rose Street • Glasgow - 19 Union Street • London, Covent Garden - 1 Earlham Street • Manchester - 19 Brown Street • Nottingham - The Frontage, Queen Street “The Fopp stores we are purchasing have all traded profitably, whilst ownership of the brand will enable us preserve Fopp's unique identity and trading culture,” says an HMV spokesman. “These stores will operate independently of the main HMV chain in order to preserve their distinct customer offer. “Fopp is well regarded by many music and entertainment consumers, enjoying strong local awareness and appeal, and we're pleased that we will be able to preserve the brand and product offer through the stores and online.” The moves comes as HMV announced that it has sold its Japanese business to DSM Investments Catorce for around £70m. The business includes 62 stores and the hmv.co.jp website, together with the right to use the HMV name in Japan. Visit www.musicweek.com for updates as the story progresses.
|
|
|
Post by wonderwall on Jul 31, 2007 14:25:49 GMT 1
hmv are expensive though so i dont really care if they have bought fopp
|
|
|
Post by o on Jul 31, 2007 15:02:05 GMT 1
If they keep the Fopp prices then good news, if not But good news for 70 people who keep their jobs I guess, do hmv incur the debts of those fopp stores. or are they diff to the ones fopp bough from musiczone?
|
|
|
Post by Chris on Jul 31, 2007 15:24:45 GMT 1
Bet you anything they raise the prices but not to as much as the same albums in HMV stores.
|
|
|
Post by oasisbobo on Jul 31, 2007 16:21:41 GMT 1
Great News
|
|
|
Post by Maximo Mark on Jul 31, 2007 21:33:42 GMT 1
If they're buying the Fopp brand they should run it the same. Otherwise it's not Fopp. But yes, great news. Especially as I live in Notts!
|
|
|
Post by AcerBen on Jul 31, 2007 22:17:37 GMT 1
But HMV is really cheap these days too... we probably have the cheapest albums in the EU stop complaining!
|
|
|
Post by wonderwall on Jul 31, 2007 22:18:33 GMT 1
But HMV is really cheap these days too... we probably have the cheapest albums in the EU stop complaining! cheap are they hell most of there chart albums are 13 quid now
|
|
|
Post by Chris on Jul 31, 2007 22:19:53 GMT 1
But HMV is really cheap these days too... we probably have the cheapest albums in the EU stop complaining! Not as cheap as Asda or Tesco though. Agreed their album prices came down a little but nowhere near enough.
|
|
|
Post by wonderwall on Jul 31, 2007 22:22:42 GMT 1
But HMV is really cheap these days too... we probably have the cheapest albums in the EU stop complaining! Not as cheap as Asda or Tesco though. Agreed their album prices came down a little but nowhere near enough. I went in one the other day some of there prices are ridiculous
|
|
|
Post by Chris on Jul 31, 2007 22:24:36 GMT 1
Agreed. Some of their back-catalogue albums are still £17. Absolute robbery.
|
|
|
Post by Robin on Jul 31, 2007 22:25:48 GMT 1
I try to avoid buying from supermarkets were possible! Otherwise sooner or later they'll be nowhere to buy CDs except Tescos etc, which only sell commercial rubbish most of the time!
|
|
|
Post by Robin on Jul 31, 2007 22:26:11 GMT 1
Shame Fopp Sheffield isn't on the list, that was one of the originals.
|
|
|
Post by wonderwall on Jul 31, 2007 22:26:21 GMT 1
Agreed. Some of their back-catalogue albums are still £17. Absolute robbery. yeah 17 quid for a album is a complete joke
|
|
|
Post by Chris on Jul 31, 2007 22:33:45 GMT 1
In fairness to Acerban they have reduced their chart album prices but still supermarkets are cheaper. Everyone I know either gets chart albums online or in a supermarket.
|
|
|
Post by wonderwall on Jul 31, 2007 22:35:38 GMT 1
im reluctant to buy in supermarkets i want all these little independent shops to stay open
|
|
|
Post by greendemon on Jul 31, 2007 23:47:37 GMT 1
no mention of the bristol or oxford ones, so this means diddly squat to me unfortunately... still, i suppose it's a start
|
|
|
Post by IndiElectronica on Aug 1, 2007 0:27:13 GMT 1
surely buying off the net is better than a supermarket?!?! I can't comprehend buying at a supermarket I must confess....
anyways - this leave just rough trade being the only store I'll ever go to regularly now and get everything else online...
|
|
|
Post by greendemon on Aug 1, 2007 0:44:17 GMT 1
surely buying off the net is better than a supermarket?!?! I can't comprehend buying at a supermarket I must confess.... and the prices are invariably better than anything you'd find on the high street
|
|
|
Post by Maximo Mark on Aug 1, 2007 21:29:20 GMT 1
But HMV is really cheap these days too... we probably have the cheapest albums in the EU stop complaining! It IS a complete rip-off! Today I went in there and looked at just one chart shelf. Killers, Kaiser Chiefs, Avril Lavigne, Snow Patrol and about 4 others were being sold for £12.95! That is a rip-off, they're cheaper almost anywhere else.
|
|