HMV boss 'confident' chain will survive as private equity eyes rescue

Friday 24th May

HMV boss 'confident' chain will survive as private equity eyes rescue

Posted at 8:35PM Tuesday 15 Jan 2013

The boss of sticken music retailer HMV, which collapsed into administration on Monday, said he was sure the "well-loved brand" would avoid total closure.

Chief executive Trevor Moore's comments came as it emerged that Leeds-based private equity firm Endless has contacted administrators with a view to buying the chain, which employs 4,350.

Share |

Get book trade news by email

Daily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now

Find out more

More Book Trade News

Behold: How Amazon Wins The Sales Tax Wars Even When It Loses
gigaom.com

What's really behind Amazon's tax war

At Hearing, Judge Says She Is Leaning Against Apple
www.publishersweekly.com

Government will likely be able to prove Apple's guilt in coordinating a conspiracy to raise e-book prices

Salt Abandons Single-author Collections Amid Poetry Market Slump
www.guardian.co.uk

Publisher says these books are 'no longer viable' as sales drop by more than a quarter

Kindle Fire Now Available For Pre-order In 170 Countries
www.digitalbookworld.com

Kindle Fire HD and Kindle Fire HD 8.9" Now Available for Pre-Order for Customers in over 170 Countries Around the World, Shipping June 13

Breakthrough Breast Cancer Launches New Reading Campaign With Penguin And WH Smith
www.breakthrough.org.uk

Penguin and WHS partner on charity summer reading campaign

Amazon: Victim Or Aggressor? Issue Will Frame Apple Ebook Trial
paidcontent.org

Recent court filings show that Amazon will play a large role in determining the outcome

[More Book Trade News]