Welcome!

Login

Subscribe

HMV boss wants chance to reverse retailer's fortunes

TINA HART
HMV boss Trevor Moore

HMV CEO Trevor Moore has spoken out about wanting to lead the chain out of administration.

Music Week’s sister site MCV reports that, speaking to journalists this afternoon, Moore pointed the finger at disappointing technology sales over the Christmas period, claiming that supply lines of key tablet computers were insufficient.

Having had a request for extra funding turned down by suppliers late last week, financial director Ian Kenyon admitted that directors realised yesterday afternoon that the chain “wasn’t going to be able to reach a point where we could continue to trade”.

The pair insist that they “intend to do whatever they can to safeguard jobs where possible".

Perhaps surprisingly, however, former Jessops boss Moore gave the impression that he sees himself very much as the man who can turn the chain’s fortunes around.

He spoke of having “a plan in mind” that he is “convinced can deliver” the reversal in fortunes needed for the brand to live on. It sounded very much like Moore hopes to bring backers on board who will back his vision.

"Both Ian and I are passionate about developing a plan for the business and evolving it going forward,” he argued. "We really do think a high street without HMV is not as attractive a place to be as with us."

Advertisement

Tags: HMV, Retail, Ian Kenyon, administration, trevor moore

Not a subscriber?

 Sign up today, registration is easy!