BusinessBusiness RecoveryE&Y still looking for Fopp buyers

E&Y still looking for Fopp buyers

Six stores bought by HMV Group

Ernst & Young, the receiver for music store chain
Fopp,
has found a buyer for six shops in the chain, after the HMV Group stepped in.


However another 75 sites are still up for grabs and according to reports, it is
uncertain whether E&Y has found buyers.

A spokeswoman for Ernst & Young said it was still marketing the remaining
shops, including Fopp’s flag-ship store on
London’s Tottenham Court Road
, but said the outlets would not be sold as a
going concern.

Further reading:

700 jobs lost at CD retailer Fopp

E&Y appointed receivers at Fopp

E&Y called in as music fades at Fopp

Related Articles

Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

3d Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

3d Emma Smith, Managing Editor
KPMG appoints new global head of insolvency

Business Recovery KPMG appoints new global head of insolvency

3w Emma Smith, Managing Editor
EY hired by Carillion to review finances

Accounting Firms EY hired by Carillion to review finances

5m Alia Shoaib, Reporter
Using insolvency as a debt recovery tool

Business Recovery Using insolvency as a debt recovery tool

6m Emma Smith, Managing Editor
UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

Business Recovery UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

8m Alia Shoaib, Reporter
Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

Business Recovery Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

9m Emma Smith, Managing Editor
FRP Advisory expands operation with new office, partner appointments

Accounting Firms FRP Advisory expands operation with new office, partner appointments

10m Emma Smith, Managing Editor