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28.04.2023 - 10:09 / officialcharts.com
HMV's iconic Oxford Street flagship store is mounting a surprise comeback.
Instantly recognisable, the shop has vacated its most famous address four years ago (memorably being replaced, to the horror of music fans, by an American candy store) but news has broken that the retailer has just signed a new contract to re-open at 363 Oxford Street later this year.
As part of the plans, the store will be re-fitted with a brand-new HMV logo and a new 'HMV shop' concept, which will then be pushed out to 24 HMV stores up and down the country. The retailer currently has 120 active shops across the country.
The iconic brand was acquired by Sunrise Records owner Doug Putman in 2019, the same year that the Oxford Street flagship was closed, but since then the brand has experienced something of a renaissance, leaning in to the vinyl boom and once again becoming an essential visit for physical music fans.
The new HMV shop logo to be fitted on its iconic Oxford Street flagship store
Pop stars such as Charli XCX and Ellie Goulding have made the most of this, hosting fan meet-and-greet signings at HMV shops up and down on the country on the release week to push the ever-important physical sales of their new records.
Fans can expect the grand re-opening of HMV's flagship Oxford Street store to take place sometime later this year.
In a statement, Sunrise Records owner Doug Putman said: "The expansion of our fan-focused pop culture offer is really working for us and the reopening of our flagship represents the culmination of a good few years of hard work.
"We are also opening stores in Europe this year, so while it is the culmination of one phase of work, more excitingly we see it as the launchpad for an exciting new era for HMV."
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27 HMV branches to close in February 2019, after the company fell into administration. The brand was later rescued from collapse by Canadian music entrepreneur, Doug Putman.Following its closure, the historic site, which launched the brand in 1021, was converted into one of the many American Candy stores that popped up throughout the city at the start of the pandemic.Now, the famous location is set to return later this year and will be rebranded with the company’s new design.
Music retailer HMV has announced plans to reopen its historic flagship store on London’s Oxford Street later this year as part of a larger expansion plan.
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