HMV IRELAND, was an entertainment retailing company operated in
Hilco Capital Ireland The company was first established by
HMV Group Plc as part of their international expansion into Ireland
and Canada in 1986. The first store in Ireland established was at HMV
Grafton Street in
Dublin (closed since February 2013, reopened in
new location in 2014, a different location in 2015 and closed again in
* 1 History
* 1.1 1986–2000s
* 1.3 May to September 2013:
Hilco Capital Ireland reinvestment
* 1.4 Closure in 2016
* 2 Product rangeXtravision
* 3 See also
* 4 References
* 5 External links
HMV established its first store in Ireland in 1986 following the
retailer's expansion to Canada. The first store to open was on Grafton
Street which became very popular for numerous big name Irish acts
performing live in the store. The retailer expanded in
Dublin with a
second store on Henry Street and that followed with expansion into
Cork in the late 1980s before adding a store in
Limerick City in the
1990s. The retailer expanded with numerous stores in the Greater
Dublin region and nationwide again into
Galway and Newbridge in the
early to mid 2000's.
On 5 February 2011
HMV Ireland announced that its profits had fallen
by almost 90% to €465,000, compared to €4.1 million the previous
Following increased pressure from high rental rates in Ireland,
increased legal and illegal downloading and competition from online
retailers in January 2013 HMV's parent company
HMV Group plc went into
administration in the United Kingdom, potentially affecting its
operations within Ireland, Hong Kong and Singapore. In January 2013,
its 16 stores in the Republic went into receivership and as a result
its Irish subsidiary ceased trading with the loss of 300 jobs. On 15
HMV Ireland refused to accept
HMV vouchers within its
HMV UK's administration, although
HMV Ireland was a
separate entity to the UK operation. The refusal of vouchers proved
controversial for staff and customers, leading to speculation that
HMV Ireland would also enter administration.
On 16 January 2013,
HMV Ireland declared receivership , under Irish
law; companies in receivership must close its stores with immediate
effect and all Irish stores were closed until further notice.
Deloitte Ireland was appointed receiver and are reportedly seeking a
buyer for HMV's Irish stores. The National Consumer Agency in Ireland
questioned the legal basis on which
HMV in Ireland refused to honour
gift vouchers and this criticism was later supported by accountancy
agencies claiming that
HMV Ireland Ltd. was not part of the
administration and refusal of vouchers was unlawful prior to
HMV Ireland's announcement of receivership staff
HMV stores in
Limerick and Cork refused to leave the
premises based on the uncertainty whether they will get paid for
December and early January. Deloitte confirmed on 19 January that all
staff would be paid what they were owed, and that it was attempting to
sell the Irish stores. It was confirmed on 12 February 2013 that all
stores within Ireland are officially closed with immediate effect and
HMV has left the Irish market place. It resulted in the loss of 300
MAY TO SEPTEMBER 2013: HILCO CAPITAL IRELAND REINVESTMENT
One of Dublin's
HMV stores is set to be re-opened in a deal being
negotiated. Stores in other parts of Ireland are also set to reopen
following successful negotiations with landlords.
On 9 June 2013 the Sunday Independent revealed
Hilco Capital Ireland
confirmed it has purchased
HMV Ireland. Its new owners will reopen
five stores in Ireland within the next six weeks. The new Irish
flagship store will be based on Dublin's Henry Street . This store
closed in February 2013 due to
HMV Ireland Ltd. going into
receivership. The Henry Street store will be the first to open and
additional stores will reopen within the next six weeks these include
HMV in Dublin's
Liffey Valley Shopping Centre , Dundrum Town Centre
Crescent Shopping Centre in
Limerick . A fifth store is
expected to open in Cork and possibly an additional store in Galway.
HMV Ireland is to re-invest up to €4 million in its Irish stores and
employ 100 people. It is also speculated that they hope to reopen on
Grafton Street in the future in a new location.
On 27 August 2013
Hilco Ireland announced that
HMV Ireland stores
would open in early September and these stores will redeem unused HMV
vouchers purchased through the companies previous owners.
Henry Street is the first to open on 6 September 2013 and will be
opened by Irish band
The Strypes . All other stores will open the
following week, with the Dundrum store to open at a later date. On 29
HMV Ireland also confirmed that 26
HMV concession stores
will open in local
Xtra-vision stores in Ireland. These dual branded
Xtra-vision / HMV) will open in
Athlone , Ballina , Blackpool
and Douglas in Cork ,
Portlaoise , Ennis
Galway , thus increasing HMV's presence on the Irish high
street. These dual branded stores will begin rebranding from late
HMV Ireland confirmed that it would launch services already
available to customers in Canada to be made available in Ireland
including HMV's localised website hmv.ie and its digital service 'The
Dublin Henry Street store reopened on 5 September 2013 and the
Liffey Valley shopping centre,
Dundrum Town Centre and Limerick
Crescent shopping centre stores re-opened on 12 September 2013.
HMV opened a new branch on
Grafton Street on 19 April 2014 and in
Galway in Summer 2014.
On Saturday 13 June 2015 HMV's
Grafton Street Store will relocate to
72 Grafton Street. The new store is located in the former Karen
Millen Store which was previously the Grafton Cinema until the 1970s.
In early 2016,
HMV Ireland confirmed the closure of its
store and its store on Dublin's Grafton Street, both stores will
close by end of January. This follows the closure of many Xtravision
HMV Xtravision branded stores at the end of December 2015/early
January. In late January 2016 the remainder of Xtravision was
CLOSURE IN 2016
In July 2016,
Hilco announced it would be closing its remaining five
stores, in order to refocus
HMV in Ireland as a new digital service
HMV Digital) where customers can stream, rent or purchase music and
films online. The new
HMV digital service will launch in Ireland
before rolling out into the UK and Canada. All stores closed between
29 and 30 August.
HMV stores stock a range of products including audio , books, Blu-ray
Discs , CDs , computer software and hardware, DVDs , video games ,
posters, as well as an increasing range of clothing and fashion items
* ^ A B "
HMV Collapse: History Of A High Street Icon".
Sky News .
15 January 2013. Retrieved 29 October 2013.
* ^ Lynch, Suzanne (5 February 2011). "
HMV Ireland saw
a 90% fall in profits last year".
The Irish Times .
* ^ Anderson, Nicola (16 January 2013). "Grandad walks out of HMV
with computer games after staff refuse to accept gift voucher". Irish
Independent . Retrieved 1 February 2013.
* ^ "
HMV Ireland goes into receivership".
Belfast Telegraph . 16
January 2013. Archived from the original on 19 April 2013.
* ^ "Deloitte appointed receiver to
RTÉ News .
Archived from the original on 21 January 2013. Retrieved 12 June 2013.
* ^ "
HMV must honour vouchers – ACCA". Irish Independent. 18
January 2013. Retrieved 1 February 2013.
* ^ "
HMV staff holding
Limerick sit-in". RTÉ News. 17 January
2013. Retrieved 1 February 2013.
* ^ "
HMV workers in Cork occupy store". The Irish Times. 18 January
2013. Retrieved 1 February 2013.
* ^ "Irish
HMV staff end their sit in after being told they will be
BBC News . 19 January 2013. Retrieved 26 January 2013.
* ^ "300 jobs lost as
HMV closes". The Irish Times. 12 February
2013. Retrieved 15 February 2013.
* ^ Doyle, Kevin (5 April 2013). "HMV\'s Henry Street store could
be re-opened following deal with Hilco". Irish Independent. Retrieved
7 May 2013.
* ^ "
HMV could return to Ireland thanks to rescue package".
NME . 9
May 2013. Retrieved 29 October 2013.
* ^ Burke, Roisin (9 June 2013). "
HMV stores set to re-open with
€4m investment and 100 jobs". Irish Independent. Retrieved 29
* ^ Kennedy, Jason (27 August 2013). "Four
HMV stores reopening in
September will honour valid gift vouchers". The Irish Times. Retrieved
29 October 2013.
* ^ "
The Strypes (photograph)". pbs.twimg.com. Archived from the
original on 4 March 2016. Retrieved 6 August 2016.
* ^ "
HMV Ireland stores set to reopen next week". Irish
Independent. 29 August 2013. Retrieved 29 October 2013.
* ^ Percival, Geoff (23 August 2013). "26
HMV stores to open in
Irish Examiner . Retrieved 29 October 2013.
* ^ "
HMV store reopenings". The Irish Times. Retrieved 19 September
* ^ Costanza, Tina (7 March 2014). "
HMV store to re-open on
Dublin\'s Grafton Street". Silicon Republic.com. Retrieved 6 August
* ^ "
HMV to open doors on
Grafton Street over Easter weekend".
Irish Independent. 10 April 2014. Retrieved 6 August 2016.
* ^ "Breakdancers and live performances promised as
officially open Grafton St store". Irish Examiner. Retrieved 6 August
* ^ "
HMV on the move on Dublin\'s Grafton Street". Irish Times.
Retrieved 6 August 2016.
* ^ "
HMV and XtraVision to close
Galway stores by end of the
Galway Bay FM. 15 January 2016. Retrieved 6 August 2016.
* ^ "Remaining Irish
HMV stores to shut within months as retailer
takes on Netflix giant". Irish Independent. Retrieved 6 August 2016.