Simon Fox

  1. HMV, UK's Largest Entertainment Retailer, Reports Loss For Fiscal Year

    August 09, 2012 8:08 AM EDT LONDON - U.K. entertainment retail giant HMV on Thursday reported a loss for its latest fiscal year, but vowed to return to profitability in its current fiscal year as it looks to bounce back despite a still-weak economy and competitive pressures. ...

  2. Simon Fox, HMV CEO, Stepping Down, Trevor Moore Named Successor

    August 02, 2012 10:20 AM EDT The HMV Group, owner of the UK's largest entertainment retailer, today announced in a statement to investors that CEO Simon Fox would be stepping down on September 3 and would be replaced by Trevor Moore. Moore, was formerly the chief executi ...

  3. HMV Looks to Grow Ticketing Division by Partnering With Ticketmaster U.K.

    May 15, 2012 2:02 PM EDT Troubled U.K. entertainment retailer HMV has teamed with the British arm of Ticketmaster as it looks to expand its ticketing operations. Announced today (May 15), the strategic partnership comes into effect over the next six to eight weeks and wil ...

  4. HMV Blames 'Weak New Release Schedule' For $26 Million Loss (But Predicts Imminent Return To Profitability)

    May 04, 2012 11:55 AM EDT Troubled British retailer HMV has forecast a pre-tax loss of £16 million ($25.9 million) for the year ending April 28, blaming a "weak new release schedule in CDs and DVDs" in the fourth quarter for the lower than expected sales. The ret ...

  5. HMV Holiday Sales Tumble As Interest In Retailer's Live Division Grows

    January 09, 2012 11:01 AM EST Troubled U.K. entertainment retailer HMV ended 2011 in much the same way that its year began: with falling sales and mounting speculation about its future. The company's latest financial statement reports that the company suffered an 8.1% dro ...

  6. HMV Reports Further Losses, May Sell Live Division to Boost Finances

    December 19, 2011 3:29 PM EST Struggling U.K. entertainment retailer HMV is considering selling its profitable live division, HMV Live, following yet another significant drop in sales. HMV Group posted a total loss of £50.1 million ($77.8 million) for the 26-week period ending ...

  7. HMV Sales Drop 15%, Company Announces New Exec Appointments

    September 09, 2011 4:36 PM EDT Struggling U.K. music retailer HMV has reported a further fall in retail sales for its first quarter, but remains optimistic that its new tech-led strategy shows the way to recovery. Like-for-like sales for the 18 weeks ending September 3 2011 dro ...

  8. HMV Sales Hit By World Cup

    September 09, 2010 12:00 AM EDT U.K. entertainment retailer HMV has had a torrid summer, with the World Cup hitting sales in the U.K. and Ireland. In the 19 weeks to Sept. 4, total sales at HMV U.K. and Ireland were down 13.9% and like for like sales were down 14.9%. HMV did not ...

  9. HMV Year Profit Up 18%

    June 30, 2010 12:00 AM EDT HMV Group has revealed an 18% increase in pre-tax profits for the year ending April 24, 2010 to £74.2 million ($111 million). However, like for like sales at U.K. entertainment retailer HMV (including Ireland) were down 2.4% compared to the prior ...

  10. Great Escape Day One: U.K. Live Sector Thriving

    May 13, 2010 12:00 AM EDT The Great Escape music conference and festival in Brighton focused on the U.K.'s burgeoning live industry on its first day. U.K. live revenue - £1.39 billion ($2.04 billion) - moved ahead of the British retail value of recorded music - £1.31 ...

  11. Severe Weather Hits HMV Sales

    April 29, 2010 12:00 AM EDT U.K. entertainment retailer HMV put in a solid performance in 2009, but its sales in the first three months of 2010 were disappointing. A trading update from the retailer showed total year-on-year sales growth for HMV U.K. and Ireland of 7.2% for ...

  12. HMV Unveils Curzon Cinema Store

    October 21, 2009 12:00 AM EDT U.K. entertainment retailer HMV plans to screen live concerts from its own venues at its new hmvcurzon cinema in Wimbledon, south London. The impressive, three-screen cinema above the existing Wimbledon store is a partnership with Curzon Artificia ...

  13. HMV To Open Temporary Xmas Stores

    September 21, 2009 12:00 AM EDT U.K. entertainment retailer HMV is planning to open up to 15 temporary stores for the Christmas trading period. HMV Group CEO Simon Fox tells Billboard.biz that the retailer will take temporary leases in towns that currently lack a retail entertai ...

  14. HMV's Fox, Apple's Cagni Top 2 For ITV CEO: Report

    July 29, 2009 12:00 AM EDT HMV chief executive Simon Fox and Apple's most senior executive in Europe, Pascal Cagni, are the frontrunners to become the next chief executive of British broadcaster ITV, according to The Times. The report said ITV was almost certain to app ...

  15. 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 ...

  16. HMV Unveils Reward Card Scheme

    May 01, 2009 12:00 AM EDT U.K entertainment retailer HMV will roll out its new customer loyalty card, Pure HMV, this month and it has revealed trial data showing the benefits of the scheme to suppliers. HMV is also targeting former customers of the defunct Woolworths retai ...

  17. HMV Sales Up 11.7% In 2009

    April 29, 2009 12:00 AM EDT U.K. entertainment retailer HMV has benefited from the closure of rival Zavvi and the Woolworths retail chain, recording a year-on-year sales volume increase of 11.7% for the 16 weeks ending April 25, 2009. During a conference call, HMV Group chie ...

  18. HMV Enters U.K. Live Biz

    January 14, 2009 12:00 AM EST HMV has partnered with venue operator the Mama Group on a joint venture that will see the U.K. entertainment retailer sharing profits at 11 mid- to large-size venues. The 5,100-capacity Hammersmith Apollo will be renamed the HMV Apollo and the agr ...

  19. 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 ...

  20. HMV Reports Q4 Growth, Positive Outlook

    May 09, 2008 12:00 AM EDT HMV Group today published a healthy report card. The British-based retail giant confirmed a period of double-digit growth to close its financial year, while boasting its revitalizing program was ahead of schedule. In a pre-close trading update, HM ...

  21. 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 ...

  22. 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 ...

  23. 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. ...

  24. HMV Names Warren Product Director

    July 13, 2007 12:00 AM EDT Gary Warren has been appointed as a full-time product director at music-retail giant HMV U.K. The position, which makes him a director of the board, gives him the overall responsibility for the recorded music, DVDs, games and related products sold ...

  25. 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 ...

  26. 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 ...

  27. Peck Splits With HMV

    March 01, 2007 12:00 AM EST Music retail giant HMV has confirmed that Simon Peck, U.K. and Ireland product director, has left the business, with immediate effect. In a statement, Simon Fox, HMV Group CEO, comments: "On behalf of everyone at HMV I would like to thank Sim ...

  28. Knott Splits With HMV

    January 11, 2007 12:00 AM EST In a surprise move, HMV U.K. and Ireland managing director Steve Knott is to stand down from the business by "mutual consent" at the end of January, the market-leading music and entertainment retailer said today (Jan. 11). From Feb. 1, g ...

  29. 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 ...

  30. 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 ...

  31. 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 ...