All Entertainment articles – Page 87
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NewsAuditors raise concerns about Borders UK
Borders UK auditor Ernst & Young raised doubts about the ability of the bookseller to continue as a going concern, according to accounts filed at Companies House.
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AnalysisNeed to know... Spotify
Streaming site Spotify offers an alternative distribution model for music, but can it prove a money maker and does it pose a threat to traditional retailers?
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NewsRough Trade website to match in-store offer
Iconic independent music retailer Rough Trade will relaunch its website in September to synchronise its online operations with what it does in stores.
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NewsHMV seeks fashion links to extend range
HMV is in talks with apparel retailers and brands with a view to ramping up its clothing offer, as it continues looking beyond its traditional categories to increase revenue.
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News
Revenues at PPR decline
Revenues at retail and luxury group PPR declined 3.6 per cent to €9.2bn (£7.9bn) in the first half.At its entertainment fascia Fnac, sales in its home market were down 5 per cent. Fnac’s operations in Belgium, Portugal and Brazil showed solid growth, whereas sales in Spain continued to deteriorate, dropping ...
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AnalysisSimon Fox: HMV chief is a wanted man
Fox has been hailed a magician for his turnaround of HMV so it’s no surprise he’s being chased by stricken broadcaster ITV, says Tim Danaher
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OpinionPoliticians fiddle as the internet burns cash
The European Commission wants to ask the audience to help it formulate its strategy for building a digital economy that thrives.
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NewsSpotify attracts high profile investors
Spotify, the digital music download service, is close to securing new funding from investors including the charitable foundation of Hong Kong tycoon Li Ka-shing.
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AnalysisPhilip Downer: Borders boss is no quitter
Having led a management buyout of Borders, Downer finally has a shot at restoring some stability at the ailing bookseller says Nicola Harrison
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News
Book Depository to take on US market
Online retailer The Book Depository has revealed a 50 per cent hike in revenue to £62m in the year to June 30 as it lays out plans to take on the £9bn US book market.
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NewsGame agrees £175m refinancing
Entertainment retailer Game has refinanced and extended its borrowing facilities to June 2012.
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NewsHMV's Simon Fox on shortlist for ITV job
HMV chief executive HMV Simon Fox has emerged as one of the shortlist candidates to take over as chief executive of ITV.
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NewsSpotify takes on iTunes with new application
Music streaming service Spotify is taking on download giant iTunes with a new application that would allow iPhone users to listen to millions of songs on the move.
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NewsFashion sales suffer as swine flu rocks consumer confidence
Retail like-for-like sales were down 4.1 per cent in the week ending July 19 as swine flu shook consumer confidence.
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NewsBorders mulls broadening offer
Borders UK is considering whether to adopt a wider entertainment stance as part of its new strategy following the management buyout of the business last week.
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NewsHMV to take on label role in band tie-up
HMV is producing, distributing and marketing the music of an unsigned band in return for a share of the revenues for the first time in its history.
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OpinionDigital media sales raise new customer service questions for retailers
Although it is far from a mature market, it is always worth watching developments in electronic books — and it has been a busy week in the sector.
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NewsBarnes & Noble launches e-book store
US bookselling giant Barnes & Noble has launched what it says is the largest online shop of electronic books.
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NewsBorders UK completes management buyout
Borders UK has been bought out by its management team, with backing from Valco Capital Partners.The management team is led by chief executive Philip Downer and finance director Mark Little.Borders UK was owned by Risk Capital Partners, which had been seeking a new investor for some time.The buyout is funded ...
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NewsBorders UK in talks with Hilco private equity arm
Struggling bookseller Borders UK is in advanced talks with the private equity arm of turnaround specialist Hilco over a possible sale of the business.