HMV closes its Hong Kong stores
HMV closes its Hong Kong stores giving the growth of streaming and the decline in physical sales as the main reason for the decision to wind up the business. HMV Digital China Group Ltd, the ultimate owners of the stores, applied to the Hong Kong Stock exchange to wind up HMV Marketing Ltd (HMV Retail) on the 18th December 2018. In its winding up petition the company declared that the revenue generated from HMV Retail […]