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

Carillion CFO blew whistle over 'sloppy accounting' months before collapse

Business Recovery Carillion CFO blew whistle over 'sloppy accounting' months before collapse

3m Alia Shoaib, Reporter
Toys R Us UK and Maplin enter into administration after failing to secure buyers

Business Recovery Toys R Us UK and Maplin enter into administration after failing to secure buyers

3m Alia Shoaib, Reporter
How to avoid a Carillion collapse

Business Recovery How to avoid a Carillion collapse

4m Russell-Cooke
Carillion collapse: The week so far and industry reaction

Business Recovery Carillion collapse: The week so far and industry reaction

4m Emma Smith, Managing Editor
Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

Business Recovery Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

4m Emma Smith, Managing Editor
Carillion: PwC appointed as special managers – what happens now?

Business Recovery Carillion: PwC appointed as special managers – what happens now?

4m Emma Smith, Managing Editor
Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

5m Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

5m Emma Smith, Managing Editor