Bosses are currently in the High Court seeking protection from its creditors...
All 16 Irish HMV stores have closed their doors today, as bosses seek to go into examinership.
It transpires that HMV Ireland has not technically been in examinership for the last 24 hours, unlike its UK counterpart, who confirmed they had appointed an administrator yesterday - the two are in fact separate business entities. Following the National Consumer Agency (NCA)'s condemnation of HMV Ireland's decision not to accept gift vouchers - urging them to honour them "with immediate effect" - stores then closed their doors, with a plan to reopen once the administration status has been obtained.
Chief Executive of the Consumers' Association of Ireland, Dermott Jewell, said;
“The stores are open and it is business as usual but they will not honour a contract with people who have vouchers. It is a very poor way of doing business and an extraordinary step to take if the administrators really want to encourage people to come through the doors.”
The music giant, which opened in London in 1921, announced yesterday morning that Deloitte would be appointed as administrator to its 239 UK and Irish stores, but that it would continue trading while a buyer was sought. The administrator's controversial decision not to accept store gift vouchers was met with hostility by many customers yesterday.
HMV.ie goes live tomorrow, Wednesday November 6, at 3pm.Read More
With HMV returning to Ireland, have your say on the matterRead More
Hilco Capital has confirmed that following successful negotiations with landlords and suppliers, HMV is to re-open stores in Henry Street, Dublin; Liffey Valley; Dundrum and Limerick’s Crescent Shopping Centre.Read More
Jobs are now officially advertised on Excel Recruitment's website...Read More
They are currently in negotiations with Irish landlords.Read More
Deloitte Ireland have just issued an official statement.Read More
Staff received assurances over the weekend that they will be paid.Read More
With thanks to Liam Sweeney, Graham Keogh & Ruth Medjber, we look back at HMV events through the yearsRead More
We take a look back at some of the history that's been created at HMV's Grafton Street store...Read More
They began in Crescent Shopping Centre and Cruises Street last night.Read More
That's the view of the manager of the Limerick Crescent shop, where a sit-in is currently in progress.Read More
Artists and independent record stores offer their opinions on the closure.Read More
The expected move means that the Irish operation is now in administration.Read More
The music giant confirmed the sad news this morning...Read More
Canadian Rock group top HMV's Poll of Polls for second time in a decadeRead More
For a limited period of time, the company is turning their trademark dog Nipper into a howling wolfRead More
New York bands in vogue as Merriweather Post Pavilion is music critics' album of the yearRead More
Funds raised to benefit CLIC Sargent, HMV's charity of the year.Read More
Bob Dylan, Bono and Macca are among those paying tribute to their heroes.Read More
HMV has confirmed the purchase of five Zavvi outlets in Ireland to Hot Press. The acquisition is part of a deal that sees HMV purchase 14 Zavvi retail outlets in all and, as already revealed by Hot Press, will save over a hundred jobs.Read More