ONE of Glasgow’s most-enduring music shops has failed to escape the cull stemming from the deal which rescued owner HMV from administration.
Fopp on Byres Road in Glasgow’s west end is one of three stores in Scotland which will close after HMV was acquired from administrators by Canadian firm Sunrise Records and Entertainment.
The HMV stores in Ayr and Braehead are also among the 27 stores which have been earmarked for closure. Administrators at KMPG said the closures will result in 455 job losses.
Sunrise, which has been owned by Doug Putman since 2014, has acquired 100 HMV stores out of administration, securing nearly 1,500 jobs in the process.
Ten stores in Scotland have been saved, including eight outlets trading as HMV and just two as Fopp – the Union Street branch in Glasgow and the Fopp outlet on Edinburgh’s Rose Street. The HMV stores to have survived are in Aberdeen, Dundee, East Kilbride, Inverness, Livingston, Stirling, Glasgow’s Argyle Street and Edinburgh’s Ocean Terminal shopping centre.
Thank you for all of your kind words on Twitter over the past few weeks, sorry we have been a bit quiet.
— FOPP (@FOPPofficial) February 5, 2019
Unfortunately we've had to say goodbye to some amazing people today. Thank you for your dedication & passion over the years. We will miss you. pic.twitter.com/O2x1NBTxSF
The deal marks the second time HMV has emerged from administration, with previous owner Hilco Capital snapping it up following its first failure in 2013.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereLast Updated:
Report this comment Cancel