HMV Group PLC

  1. HMV Selling Waterstone's Book Unit for $86 Million

    May 20, 2011 7:23 AM EDT LONDON - Struggling entertainment retailer HMV Group PLC said Friday it is selling its Waterstone's bookshops to raise 53 million pounds ($86 million). The sale of the bookstore chain to A&NN Capital Fund Management Ltd. comes ahead of a ...

  2. HMV Group Profit Up 12%

    June 30, 2009 12:00 AM EDT Britain's HMV Group Plc has seen an unprecedented surge in demand for Michael Jackson's music following the singer's death on Thursday, the retailer said, as it met forecasts with a 12% rise in profit. Chief executive Simon Fox said ...

  3. HMV's Profits Rise As Chairman Symon Splits

    July 01, 2008 12:00 AM EDT British market-leading music and entertainment retail chain HMV Group Plc achieved a 25% rise in annual profit during the first year of its transformation strategy, and is now "ahead of where we expected to be," according to its CEO Simo ...

  4. HMV Says Well Prepared For Christmas After H1 Loss

    December 12, 2007 12:00 AM EST British music and books retailer HMV Group Plc said on Wednesday it was well set up for the key Christmas trading period as it unveiled an expected first-half loss. The retailer, which runs Waterstone's bookstores as well as music shops under ...

  5. Sales Boost Give HMV 'Pleasing Start'

    September 06, 2007 12:00 AM EDT HMV Group plc is boasting a positive turn in its fortunes with double-digit sales growth in its first quarter, the music and entertainment retail giant reported today. Group sales for the 18 weeks ending Sept. 1 were up 12.2%, with like-for-like r ...

  6. HMV Canada Drops Prices

    August 27, 2007 12:00 AM EDT HMV Canada, the country’s leading music retailer with more than 104 stores, revealed today that it was cutting its catalogue pricing by up to 33%. "Lowering prices will lead to greater value and offer more to our consumers," said Humphre ...

  7. HMV Sells Japanese Biz

    July 31, 2007 12:00 AM EDT Music and entertainment retail giant HMV Group has agreed to sell its 62-store HMV Japan business to DSM Investments catorce Co. Ltd for ¥17 billion (£70 million) in cash. The deal is expected to be completed by the end of August, HMV said today. ...

  8. HMV Japan Auction Begins

    May 11, 2007 12:00 AM EDT British music and books retailer HMV Group Plc is auctioning its Japanese business, with buyout firms among the bidders, sources familiar with the matter said on Friday. The bidding has started high, at about 10 times core earnings. Japanese bank ...

  9. HMV Looks To Arctic Monkeys In Tough Trade

    May 03, 2007 12:00 AM EDT British music and books retailer HMV Group Plc said on Thursday it was confident profits for the full year would be in line with restated analyst expectations despite an extremely tough market. The group, which issued a profit warning in March due ...

  10. Cunning Fox Outlines HMV Survival Plans

    March 13, 2007 12:00 AM EDT British market-leading music and entertainment retailer HMV Group plc this morning issued a profit warning and unveiled a "radical" three-year review of the company's operations. The company's stockprice fell 11.29% in morning ...

  11. Christmas Presents Trading Problems For HMV

    December 20, 2006 12:00 AM EST HMV Group plc today (Dec. 20) warned that a deteriorating British CD and DVD market would affect the retail chain's bottom line. In a trading update issued to the London Stock Exchange, the market-leading U.K. music and entertainment merchant ...

  12. HMV Appoints Fox As CEO

    July 18, 2006 12:00 AM EDT Market-leading music and entertainment retailer HMV Group plc today (July 18) named Simon Fox as its incoming chief executive. Market-leading music and entertainment retailer HMV Group plc today (July 18) named Simon Fox as its incoming chief exec ...

  13. HMV Appoints Fox As CEO

    July 18, 2006 12:00 AM EDT Incoming exec succeeds Giles. Market-leading music and entertainment retailer HMV Group plc today (July 18) named Simon Fox as its incoming chief executive. Fox will officially join the chain on Sept. 4 as group chief executive-designate. At the c ...

  14. HMV's Profits Slump

    July 06, 2006 12:00 AM EDT Music and book retailer HMV Group plc on Thursday (July 6) reported a sharp drop in profit in a fiercely competitive environment. After-tax profit in the year ending April 29 was £56.2 million ($ Music and book retailer HMV Group plc on T ...

  15. HMV's Profits Slump

    July 06, 2006 12:00 AM EDT Retailing conditions worsening. Music and book retailer HMV Group plc on Thursday (July 6) reported a sharp drop in profit in a fiercely competitive environment. After-tax profit in the year ending April 29 was £56.2 million ($103.5 million), down ...

  16. HMV Warns Of Tough Times Ahead

    May 09, 2006 12:00 AM EDT HMV Group plc is predicting a slump in profits of up to £36 million ($67 million) for the year ended April 29, 2006. The music retail giant issued a pre-close statement today (May 9), ahead of th HMV Group plc is predicting a slump in pro ...

  17. HMV Warns Of Tough Times Ahead

    May 09, 2006 12:00 AM EDT Analysts say figures 'worse than expected.' HMV Group plc is predicting a slump in profits of up to £36 million ($67 million) for the year ended April 29, 2006. The music retail giant issued a pre-close statement today (May 9), ahead of ...

  18. Waterstone Drops Bid For HMV Book Stores

    May 02, 2006 12:00 AM EDT Tim Waterstone has withdrawn from his latest attempt to buy back his namesake bookseller chain from HMV Group plc. In a statement posted on the London Stock Exchange Web site today (May 2), Waterstone Tim Waterstone has withdrawn from his latest a ...

  19. Waterstone Drops Bid For HMV Book Stores

    May 02, 2006 12:00 AM EDT Path cleared for HMV takeover of Ottakar’s. Tim Waterstone has withdrawn from his latest attempt to buy back his namesake bookseller chain from HMV Group plc. In a statement posted on the London Stock Exchange Web site today (May 2), Waterstone cl ...

  20. HMV Awaits Details Of Waterstone's Bid

    April 25, 2006 12:00 AM EDT HMV Group has reacted coolly to a proposal to buy its U.K. bookseller chain Waterstone's. Waterstone issued a statement to the London Stock Exchange which said that an "indicative offer for Waterstone HMV Group has reacted coolly to a pr ...

  21. HMV Awaits Details Of Waterstone's Bid

    April 25, 2006 12:00 AM EDT HMV Group has reacted coolly to a proposal to buy its U.K. bookseller chain Waterstone's. Waterstone issued a statement to the London Stock Exchange which said that an "indicative offer for Waterstone HMV Group has reacted coolly to a pr ...

  22. HMV Rejects Permira Takeover Approach

    March 13, 2006 12:00 AM EST British market leading music and entertainment retailer HMV Group plc has rejected a new bid proposal from venture capital firm Permira Advisers Limited. The London-based company today said (March 13) British market leading music and entertainment ...

  23. HMV Rejects Permira Takeover Approach

    March 13, 2006 12:00 AM EST Retailer shuts out 210p per share offer. British market leading music and entertainment retailer HMV Group plc has rejected a new bid proposal from venture capital firm Permira Advisers Limited. The London-based company today said (March 13) that ...

  24. Gallant Out At HMV U.K.

    January 16, 2006 12:00 AM EST Steve Gallant, product director and board member at leading music merchant HMV U.K. & Ireland, has exited amid ongoing restructuring at the company. His unexpected departure, with immediate effect Steve Gallant, product director and board ...

  25. Gallant Out At HMV U.K.

    January 16, 2006 12:00 AM EST Steve Gallant, product director and board member at leading music merchant HMV U.K. & Ireland, has exited amid ongoing restructuring at the company. His unexpected departure, with immediate effect Steve Gallant, product director and board ...

  26. HMV CEO Giles To Step Down

    January 12, 2006 12:00 AM EST Leading British music merchant HMV Group plc today (Jan. 12) said its chief executive Alan Giles will retire at the end of 2006. In a separate interim trading note issued to the London Stock Exchange, Leading British music merchant HMV Group plc t ...

  27. HMV CEO Giles To Step Down

    January 12, 2006 12:00 AM EST Leading British music merchant HMV Group plc today (Jan. 12) said its chief executive Alan Giles will retire at the end of 2006. In a separate interim trading note issued to the London Stock Exchange, Leading British music merchant HMV Group plc t ...

  28. HMV Raises Bid For Bookseller Ottakar's

    September 09, 2005 12:00 AM EDT HMV Group Plc, the market-leading British music retailer, has launched a cash takeover bid for Ottakar's Plc in a deal valuing the U.K. bookseller at about £96.4 million ($177.26 million). HMV Group Plc, the market-leading British mu ...

  29. HMV Raises Bid For Bookseller Ottakar's

    September 09, 2005 12:00 AM EDT HMV Group Plc, the market-leading British music retailer, has launched a cash takeover bid for Ottakar's Plc in a deal valuing the U.K. bookseller at about £96.4 million ($177.26 million). HMV Group Plc, the market-leading British mu ...

  30. HMV In Talks To Buy Books Chain Ottakar's

    August 25, 2005 12:00 AM EDT Market-leading British music retailer HMV Group plc has signalled plans to bolster its activities in the bookselling business. HMV said today (Aug. 25) it was in preliminary discussions with Ottakar's Market-leading British music retailer HMV ...

  31. HMV In Talks To Buy Books Chain Ottakar's

    August 25, 2005 12:00 AM EDT Stock rises as HMV looks to strengthen books arm. Market-leading British music retailer HMV Group plc has signalled plans to bolster its activities in the bookselling business. HMV said today (Aug. 25) it was in preliminary discussions with Ottaka ...

  32. HMV Group Chair Miller Resigns

    July 26, 2005 12:00 AM EDT HMV Group plc today (July 26) said that its non-executive chairman Sir Robin Miller was resigning to focus on other business interests. Miller, who took that role Feb. 2, 2004, will exit the market-le HMV Group plc today (July 26) said that its no ...

  33. HMV Group Chair Miller Resigns

    July 26, 2005 12:00 AM EDT HMV Group plc today (July 26) said that its non-executive chairman Sir Robin Miller was resigning to focus on other business interests. Miller, who took that role Feb. 2, 2004, will exit the market-le HMV Group plc today (July 26) said that its no ...

  34. Stock Market Welcomes HMV Group Annual Results

    June 28, 2005 12:00 AM EDT The stock market reacted positively to annual figures published today (June 28) from London-based HMV Group plc which show the retail giant's sales for the year ended April 30 rose to £1.88 billi The stock market reacted positively t ...

  35. Stock Market Welcomes HMV Group Annual Results

    June 28, 2005 12:00 AM EDT Profits rise, expansion to continue. The stock market reacted positively to annual figures published today (June 28) from London-based HMV Group plc which show the retail giant's sales for the year ended April 30 rose to £1.88 billion ($3.40 ...

  36. HMV Upbeat On Full-Year Results

    May 04, 2005 12:00 AM EDT British retail chain HMV Group Plc said today (May 4) that it expects to report full-year earnings in line with market expectations despite suffering from a difficult trading climate in its home terri British retail chain HMV Group Plc said today ...

  37. HMV Upbeat On Full-Year Results

    May 04, 2005 12:00 AM EDT U.K. and Ireland retail biz suffers. British retail chain HMV Group Plc said today (May 4) that it expects to report full-year earnings in line with market expectations despite suffering from a difficult trading climate in its home territory. For ...

  38. HMV's McLaughlin Delays Retirement

    October 13, 2004 12:00 AM EDT Brian McLaughlin, COO of British retailer HMV Group plc, has postponed his planned retirement at the end of the year. Instead, he has added responsibilities as acting managing director of Waterstone's Brian McLaughlin, COO of British retailer ...

  39. HMV's McLaughlin Delays Retirement

    October 13, 2004 12:00 AM EDT Adds Acting MD duties for Waterstone's. Brian McLaughlin, COO of British retailer HMV Group plc, has postponed his planned retirement at the end of the year. McLaughlin was due to step aside from the company Dec. 31 after 36 years and take a ...