Business World

Sunday 17 December 2017

Music chain had survived for more than 90 years

- The chain was founded in 1921 with the arrival of its landmark store in Oxford Street in London.

- It was opened on July 20 that year by the composer and conductor 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.

- Tragedy struck at the HMV store and offices in Oxford Street on December 26, 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.-

- 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.

- HMV now comprises around 238 outlets and 20 live entertainment venues and festivals.

- It employs more than 4,000 people.

- The chain operates from entertainment stores and websites in the UK and Ireland, Hong Kong and Singapore.

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