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HMV about to enter adminastration!
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Re: HMV about to enter adminastration!
Feb 05, 2013, 20:50
Moon Cat wrote:
Update from a Fopp bloke today.

He said they were finding out this week which shops, including HMV's, if any, were going to remain open and that they, as in Fopp, were quietly confident of their survival in some form or other 'cos all the Fopp shops make dosh.

Fingers crossed!

A slightly gloomier picture from Jimmy TOTS on Friday. He works at HMV and stated there was likely to be a wider knock-on effect on independent music in relation to distribution etc. That could increase pressure further - at least I believe that was his argument.

And on a related note a friend who has a guitar workshop on Denmark St said the shops and 12 Bar were under threat in relation to the Crossrail development. There's a tiny alley behind the 12 Bar and they want to widen it cutting it and the guitar shops in half! The powers that be want boutiques apparently...
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