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| 2008 Highlights |
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| Group profile |
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HMV Media Group was formed in March 1998 to acquire Waterstone’s from WH Smith Group plc, and to acquire HMV and Dillons from EMI Group plc. On 10 April 2002, the Company name was simplified to HMV Group plc and on 15 May 2002 the Group was listed on the London Stock Exchange. In July 2006, the Group completed the acquisition of Ottakar's and during the same year completed the integration of its 143 book stores within Waterstone's
HMV Group is one of the world’s leading retailers of music and DVD and the leading retailer of books in the UK and Ireland in terms of total sales. Today the Group operates from approximately 692 stores in 7 countries. All of the Group’s operations, both in the UK and internationally, are wholly owned.
Within the Group, music, books and DVD are of almost equivalent size, with each category representing around a third of Group sales for the year ended 28 April 2008. The Group expects music to continue to reduce as it manages its mix of sales away from the declining physical music market towards faster growing areas of the entertainment market, including games and technology.
The Group is a focused international retailer and highly selective about the geographical markets in which it operates. Our businesses are in the UK (HMV and Waterstone's), Asia (HMV Hong Kong and Singaore) and Canada (HMV).
HMV and Waterstone’s are strong brands, recognised for range authority, product knowledge, customer service and a stimulating store environment. |
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