HMV is coming home.
The original central London HMV store is to reopen later this year after a four-year absence.after going into administration. It was then taken over by Sunrise Records.
It said the return to 363 Oxford Street was due to a "dramatic turnaround", with HMV returning to profit in 2022.The store, which first opened in 1921, became a world-famous presence on London's busiest shopping street, hosting some of the biggest acts in the music business, such as the Spice Girls. In recent years, the retailer has broadened its focus to include merchandise, music technology, more live music and in-store signings, amid falling demand for DVDs and CDs.
HMV said it would bring the new format, called HMV Shop, to 24 new sites and 14 existing stores by the end of 2023.Blur was among the acts to play a live rooftop gig at the store, pictured here in 1995He added new stores would also open in Europe in 2023, which would be a "launchpad for an exciting new era for HMV".
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