E&Y still looking for Fopp buyers

Ernst & Young, the receiver for music store chain
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

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