RETAIL UPDATE: Zavvi ceases trading on High Street - Licensing.biz

RETAIL UPDATE: Zavvi ceases trading on High Street

Owner begins new venture under ?Head? brand, picking up remaining stock; HMV buys five more stores
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Zavvi will disappear from the UK High Street this week, according to administrators.

Ernst & Young has revealed that all remaining Zavvi stores will close on February 20th, with the loss of 446 jobs.

However, five stores have been sold to Head Entertainment LLP – the new venture from Zavvi owner Simon Douglas – with a further three expected to be signed by the end of the week.

To read the full story on sister site MCVUK.com, click here.

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