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HMV in administration: key facts HMV in administration: key facts
(35 minutes later)
Entertainment giant HMV has become the latest retail casualty on the high street. The entertainment giant HMV has become the latest retail casualty on the high street.
Here are a few facts about the 92-year-old music retailer:Here are a few facts about the 92-year-old music retailer:
• The chain was founded in 1921 with the arrival of its landmark store in Oxford Street.• The chain was founded in 1921 with the arrival of its landmark store in Oxford Street.
• It was opened on 20 July that year by the composer and conductor Sir Edward Elgar.• It was opened on 20 July that year by the composer and conductor Sir Edward Elgar.
• The company became known for its "His Master's Voice" trademark, the name relating to an 1898 painting of a dog called Nipper listening to a gramophone.• The company became known for its "His Master's Voice" trademark, the name relating to an 1898 painting of a dog called Nipper listening to a gramophone.
• Tragedy struck at the HMV store and offices in Oxford Street on 26 December 1937 when the shop's caretaker William Travis died in a fire which destroyed the building.• Tragedy struck at the HMV store and offices in Oxford Street on 26 December 1937 when the shop's caretaker William Travis died in a fire which destroyed the building.
• During the second world war, the Oxford Street store stayed open for business while parent company EMI's record factory at Hayes, west London, was used for munitions manufacturing.• During the second world war, the Oxford Street store stayed open for business while parent company EMI's record factory at Hayes, west London, was used for munitions manufacturing.
• The Waterstones book chain became part of the HMV stable in 1998 but was sold off in 2011 as the troubled music chain attempted to get its finances in order.• The Waterstones book chain became part of the HMV stable in 1998 but was sold off in 2011 as the troubled music chain attempted to get its finances in order.
• The store developed into a live music and ticketing operator, owning a string of venues and bars including London's HMV Hammersmith Apollo.• The store developed into a live music and ticketing operator, owning a string of venues and bars including London's HMV Hammersmith Apollo.
• HMV now comprises around 238 outlets and 20 live entertainment venues and festivals.• HMV now comprises around 238 outlets and 20 live entertainment venues and festivals.
• It employs more than 4,000 people.• It employs more than 4,000 people.
• The chain operates from entertainment stores and websites in the UK and Ireland, Hong Kong and Singapore.• The chain operates from entertainment stores and websites in the UK and Ireland, Hong Kong and Singapore.