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  • October 21, 2014
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  1. Business - THE WEEK EXPLAINED

    New owner AID hopes there may be life in the old HMV dog yet

    Posted Mar 18th 2013, 12:00am by Stephen Vines

    ... Stephen Vines The music shop looks like a fading business model, but the new owner of HMV stores in Hong Kong clearly has a survival plan Kelvin hopes there may be life in the old HMV dog yet Kelvin Wu and his colleagues at AID Partners were quick to identify the potential of acquiring the Hong Kong and Singapore shops of the failed music and video retailer HMV. Like other ...

  2. Business - Companies

    Staff ‘live-tweet’ sackings at British retailer HMV

    Posted Feb 01st 2013, 10:30am by AFP

    ... Agence France-Presse in London Staff at collapsed British music retailer HMV hijacked the company’s official Twitter account to warn they were being sacked en masse. The tweets were swiftly deleted but within minutes, administrators Deloitte confirmed 190 redundancies had been made across HMV’s head office and distribution network as a “necessary step in restructuring ...

  3. News - Hong Kong - RETAIL

    Big blow to local music business if Hong Kong HMV stores close (video)

    Posted Jan 17th 2013, 12:00am by Amy Nip

    ... that it would enter administration, a form of bankruptcy, and it remains unclear what will happen to its six branches in Hong Kong. According to the Companies Registry, Britain-based HMV Group directly ... Tim-chee, chief executive of the International Federation of the Phonographic Industry (Hong Kong Group). "The major players have a similar share [in the CD retail business], and HMV ...

  4. HMV fined for possessing illegal DVDs

    Posted Jul 08th 2010, 12:00am by Staff Reporter

    ... Maggie Ng A magistrate at Kowloon City Court fined HMV Hong Kong HK$6,000 yesterday for possessing 12 blue-ray DVDs without the licence of the copyright owner. On February 19, 2009, ... of sale to a licensee, which had not given HMV permission to sell the title. Magistrate Peter Law Tak-chuen heard that the company had since improved its computer system to avoid similar ...

  5. Customs raids HMV

    Posted Feb 21st 2009, 12:00am by Staff Reporter

    ... Ng Kang-chung HMV was assisting a customs investigation into its alleged illegal sale of parallel-imported movie DVDs, a spokeswoman for the retail chain confirmed yesterday. Local film ... of HMV outlets on Thursday and taken away DVDs of two films- W., scheduled to premiere in Hong Kong next month, and Vicky Cristina Barcelona, shown here in October last year. The customs ...

  6. Business - Companies - RETAILING

    New HMV owner sets his ambitions beyond music

    Posted Mar 11th 2013, 12:00am by George Chen

    ... George Chen george.chen@scmp.com After buying British chain's HK stores, Kelvin Wu plans to expand into the mainland, while providing cultural products besides CDs and DVDs New HMV owner sets his ambitions beyond music The new owner of the Hong Kong and Singapore outlets of the iconic British music retail chain HMV has two targets: to acquire more local rivals ...

  7. Business - Companies - RETAILING

    HMV: 92 years of bringing music to the masses

    Posted Jan 15th 2013, 02:18pm

    ... the 50,000-square-foot HMV Oxford Circus, just a couple of kilometres from the original location. It was then and remains today the world’s largest music store, according to HMV. The group then began a huge ... with downloading The global entertainment chain known as HMV began its rise in 1921, when The Gramophone Company opened its first shop on London’s Oxford Street. Described at the time as “the most ...

  8. Blue Notes

    Posted Mar 01st 2009, 12:00am by Robin Lynam

    ... with the emergence of a duopoly of entertainment retailers: HMV and the Virgin Group, the latter becoming Zavvi after a 2007 management buyout. With the collapse of Zavvi, which closed its last store on February 20, HMV has a virtual monopoly, which is dispiriting news for fans of 'roots' music who don't enjoy shopping on the internet. Not that Zavvi paid much attention to albums ...

  9. Business - Money - HMV

    His master's voucher: HMV exposes the risks of holding gift certificates

    Posted Jan 21st 2013, 12:00am by TIFFANY AP

    ... surprised, however, to see our views so quickly validated by news that music retailer HMV is under administration, a form of bankruptcy. As reported, staff initially told customers they were no longer accepting HMV gift vouchers. The next day the Hong Kong company clarified its position and said vouchers were still redeemable. The HMV situation affirms the flakiness of gift vouchers- ...

  10. Comment - Insight & Opinion - A BAD WEEK FOR ...

    A bad week for..., January 20, 2013

    Posted Jan 20th 2013, 12:00am

    ... HMV The British chain, one of Hong Kong's biggest music, DVD and game retailers, went into administration in a last-ditch effort to prevent collapse as it risked breaching its bank loan agreements. The financial problems could affect 4,350 staff worldwide- but there were bargains galore for local shoppers, with DVD prices slashed to as little as HK$20.   Taiwanese troops ...




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