FSP's retail database provide an insight into a company with information relating to the company's history, finances, locations and published news.

1. FSP Retailer Profiles
HMV Group

2. FSP Retailer Profiles - HMV Group
About Established as a gramophone retailer in 1921, HMV Group is
a holding company with over 700 stores in the
UK under the HMV and Waterstones fascia. It has recently expanded its
interests into cinemas and live music ticketing after entering into a
partnership with cinema chain Curzon Artificial Eye to open a pilot cinema
called hmvcurzon, and acquiring live music group Mama. It is the largest
entertainment chain in the UK and is a public limited company on the
History London Stock Exchange. HMV stands for His Master's Voice.
• 1921 - The Gramophone Company (later
EMI) opens first HMV music store in Oxford Recent News
Street under auspices of Edward Elgar • HMV to close 60 stores as sales and
• 1966 - EMI begins expansion of HMV retail shares slump
network
• HMV like-for-likes slump 16%, and losses
• 1976 - With 35 stores, HMV is leading music
at the group widen
retailer in the United Kingdom.
• Disposal of West End, London store
• 1986 - HMV becomes autonomous division
• HMV charts high street losses despite
under Thorn EMI; HMV begins international
expansion with first store in Canada diversity HMV Trading Countries
• 1990 - HMV enters the United States, Japan, • World Cup hits sales at HMV UK and Ireland, Canada, Hong Kong and Singapore.
Australia, and later Hong Kong and • Finance director Neil Bright to leave HMV
Singapore • HMV launches new digital download
• 1998 - EMI and Advent Investors create service
HMV Media Group joint venture, which then
acquires HMV, Dillons and, from WH Smith,
Waterstone's bookstore chain; Dillons is Year BIS Guide
subsequently rebranded as Waterstone's 2004 Healthy
• 2002 - HMV Media goes public on London 2005 Healthy
Stock Exchange and changes name to HMV 2006 Fairly healthy
Group 2007 Head above water
• 2003 - Company opens first new 2008 Head above water
Waterstone's in four years 2009 Fairly healthy
• 2010 - HMV begins to struggle with poor 2010 Fairly healthy
sales results and shop closures
©FSP 2010. BIS © Department for Business Innovation and Skills.
2 The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk

3. FSP Retailer Profiles - HMV Group
HMV Group Sales HMV Group Financial Health
HMV Group Financial Health Progression
160
2500000
150
2000000
140
1500000
Millions
130
P2
1000000 Sales Exc VAT
120 P2
UK Sales ExcVAT
500000 110
0 100
2004 2005 2006 2007 2008 2009 2010 2004 2005 2006 2007 2008 2009 2010
Year Year
©FSP 2010. BIS © Department for Business Innovation and Skills.
3 The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk

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