HMV set for Oxford Street return
HMV is due to return to its flagship Oxford Street store after a four-year hiatus.
The music and electronics retailer has seen something of a turnaround in recent years following the takeover of current owner Doug Putman in 2019.
In January, HMV posted a return to profit after vinyl outsold CDs for the first time in 35 years.
Opening at no.363, the store is set to feature the retailer’s new ‘HMV Shop’ format and new logo, which will also be added to a further 24 new sites and 14 existing stores by the end of the year.
The return marks over 100 years since HMV’s initial arrival in the Capital in 1921.
Doug Putman said: “The expansion of our fan-focused pop culture offer is really working for us and the reopening of our flagship represents the culmination of a good few years of hard work.”
Westminster City Council cabinet member for planning and economic development Geoff Barraclough added: ‘The return of this famous name is proof that there’s a buzz back in the West End. Established retailers want a presence on the UK’s premier shopping street and as a council, we want to see the nation’s high street reinvigorated and home to brands like HMV.’