British retailer HMV announced yesterday that its CEO Simon Fox is leaving the company in early September. A replacement has already been confirmed: Trevor Moore, who used to run camera retailer Jessops. Fox had overseen a shift in strategy for HMV’s 233 stores to concentrate more on hardware sales – including headphones and tablets – to make up for sliding sales of CDs and DVDs. It remains to be seen if Moore can come up with a more convincing strategy in the digital music space: despite a stake in 7digital, HMV hasn’t made a big impact against competition from iTunes and streaming services.

Visited 1 times, 1 visit(s) today
EarPods and phone

Tools: platforms to help you reach new audiences

Tools: Kaiber

In the year or so since its launch, AI startup Kaiber has been making waves,…

Read all Tools >>

Leave a comment

Your email address will not be published. Required fields are marked *