Hmv Plans Technology Switch to Beat Gloom

The HeraldJuly 01, 2011

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Summary


HMV aims to ramp up sales of MP3 players, headphones and tablet computers to offset sliding demand for CDs and DVDs and inspire a recovery from near collapse.

The 90-year-old group, famous for its Nipper the dog trademark, has issued four profit warnings this year as a downturn in consumer spending adds to long-term challenges from downloading and supermarkets.

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Hmv Plans Technology Switch to Beat Gloom

Earlier this month, it secured its im...

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