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