We Help Companies Find New Sales Opportunities
HMV is planning to expand its chain of 125 entertainment stores with four new sites over the next year.
HMV has sold Mama Group, the live music business with venues in London and Manchester, to private equity firm LDC for £7.3m.
HMV has sold the Hammersmith Apollo concert venue in London to US-based Stage C for £32m.
HMV is planning to refit 150 stores this year, as part of a strategy to diversify more into technology products and live music.
HMV has sold its 121 stores in Canada to retail restructuring firm Hilco for £2m.
HMV has agreed to sell its Waterstone's chain of 296 book stores to A&NN Capital Fund Management for £53m, with the transfer of 4,500 staff.
HMV is to acquire the Ritz nightclub in Manchester, subject to winning approval for a multi-million pound investment in improvements to the live music venue.
HMV is planning to open two or three new music venues a year, as well as up to five cinemas in the space above stores.
HMV Group has agreed a £46m deal to acquire Mama Group, its joint venture partner in live music venues.
HMV and Curzon are considering plans to set up a chain of boutique cinemas in HMV stores, depending on the success of a trial in Wimbledon.
HMV has acquired a 50% stake in 7digital, the music download firm, for £7.7m.
HMV is looking to open about ten temporary music stores over the Christmas period.
HMV is to invest £18m in a joint venture with MAMA, in order to operate a chain of 11 live music venues, and HMV will also buy 14 Zavvi stores out of administration.
HMV has announced a £50m investment programme that will include the opening of five new music and book stores this year and the refurbishment of up to 15.
HMV is to open its first music and games store at a motorway service station in April, at Stop 24 near Dover.
HMV is to acquire six Fopp music stores and the Fopp brand out of administration, and has also announced the sale of its 62 Japanese stores to Daiwa Securities and Sumitomo Mitsui for £70m.