296:
202:
336:, a company created by former managing director Simon Douglas and his business partner Les Whitfield, purchased five stores. A total of 222 employees togther with the remaining Zavvi stock were transferred to Head, and the total purchase cost was £111,000. All other stores were closed. Head itself was a short-lived venture, having closed all of its stores by early 2010.
237:. Plans were revealed for Zavvi to differentiate itself from its competitors with limited editions and exclusive products in addition to increasing the stores online market share during the next year. Following a trial period, it was announced on 28 March 2008 that all Zavvi stores would feature a book department.
318:
was appointed administrator, and Zavvi continued to trade while a buyer was sought. Zavvi
Guernsey was liquidated, but Zavvi Ireland was not at the time subject to any formal insolvency proceedings. At the time of administration, Zavvi had 114 stores in the UK and 11 in Ireland, employing 2,363
292:, EUK's administrators. A spokesman for Virgin said that a deal had been done with the administrator of Woolworths, which accepted £40 million to settle the debt. On 8 December 2008, Zavvi suspended its sale of gift cards citing the problems with its supplier, EUK, as the cause.
217:
offer was led by managing director, Simon
Douglas, and finance director, Steve Peckham, reportedly for just £1. Zavvi became the largest independent entertainment retailer in the UK. All 125 stores traded under the Zavvi brand, although some stores retained an individual
307:
owing to the loss of its supplier as the company was unable to source stock. Zavvi had attempted to buy supplies from alternative suppliers but experienced difficulties in obtaining favourable credit terms or acceptable prices. This placed pressure on the company's
184:
in 1979. The chain grew throughout the 1980s and 1990s and became an international franchise. During the early to mid-2000s, the Virgin Group sold most of its
Megastores to various companies, including the French stores to the
1043:
344:
The Zavvi brand and domain name were sold following an online auction in
February 2009. It was relaunched by new owner, The Hut Group (THG), on 2 March 2009. The website was renamed Zavvi.com in October 2009.
330:
In
January 2009, HMV revealed that it had acquired five stores in Ireland and nine in the United Kingdom, saving 269 jobs. The purchase price for the nine UK stores was approximately £630,000.
288:
might step in if Zavvi could not pay EUK the value of the stock which amounted to a £106 million debt. Zavvi was forced to shut down its online operations as it entered into talks with EUK and
1069:
878:
252:, meaning that it could be transferred to any portable music player without restrictions. It would also have a catalogue of films and TV shows, games and mobile content. On 15 January 2009,
1011:
1047:
348:
In July 2023, THG confirmed the sale of its OnDemand division, including Zavvi, to its existing leadership team as ZavviGroup Ltd, with financial backing from investment firm
327:, 26 December, for the normal post-Christmas sale. Zavvi Ireland entered liquidation in January 2009. On 13 January, Zavvi Entertainment Group Limited entered administration.
229:
Zavvi
Ireland had made a loss of €3.4 million in the year ending March 2007. In September 2007, Douglas announced that Zavvi would focus on the sale of games to compete with
985:
146:(THG) in 2009. In July 2023 THG confirmed the sale of its OnDemand division, including Zavvi, to its existing leadership team, with financial backing from investment firm
752:
959:
933:
654:
1138:
1101:
1128:
1133:
852:
628:
240:
Prior to entering administration, Zavvi was in the process of creating an online download service, Zavvi
Downloads, intended to compete with services including
698:
580:
725:
1076:
885:
312:
and when quarterly rents of approximately £13 million were due on 25 December 2008, the directors were unable to meet their creditor liabilities.
1018:
1143:
270:
reported that Zavvi was seeking help from the Virgin Group to guarantee millions of pounds worth of its stock payments to
Woolworths'
989:
760:
963:
937:
419:
213:
In
September 2007, it was announced that the UK arm of the Virgin Megastores brand was to break away from the Virgin Group. A
554:
826:
222:
concession that operated independently from the Zavvi store. In
October 2007, the company updated its logo to feature a
911:
584:
304:
275:
632:
702:
606:
249:
142:. Originally a physical retailer, the brand has been online only since it was bought from administration by
241:
190:
804:
463:
393:
289:
164:
71:
510:
782:
324:
266:
206:
333:
88:
368:
532:
214:
181:
315:
285:
271:
253:
135:
101:
349:
309:
230:
186:
169:
147:
43:
295:
676:
1122:
177:
143:
256:
announced that Zavvo Downloads was scrapped as the company entered administration.
245:
219:
173:
488:
441:
830:
234:
131:
97:
17:
753:"Zavvi creditors call in Ernst & Young as Woolworths fallout spreads wider"
320:
201:
280:
319:
permanent staff and 1,052 temporary staff. All stores opened as normal on
248:. It was planned the service would offer music which would not carry any
127:
93:
299:
The Zavvi Group of companies hierarchical structure (February 2009).
294:
200:
139:
1102:"'Son of Zavvi' Head Entertainment starts closing down Sales"
1017:. Zavvi/Ernst & Young. 13 February 2009. Archived from
126:
is an online retailer of entertainment products, including
655:"Zavvi set to expand download store to films and games"
936:. Ernst & Young. 24 December 2008. Archived from
827:"Notice to Customers 24.12.2008 - What has happened?"
1044:"Zavvi to shut but 41 Liverpool One jobs are saved"
112:
107:
87:
77:
67:
49:
37:
631:. thebookseller.com. 28 March 2008. Archived from
420:"Lagardère Media acquires Virgin Stores in France"
303:On 24 December 2008, the Zavvi UK group went into
960:"Zavvi's Irish Stores In Provisional Liquidation"
1046:. LDP Business. 18 February 2009. Archived from
1075:. Ernst and Young. 23 June 2009. Archived from
388:
386:
701:. paidContent. 15 January 2009. Archived from
422:(Press release). Lagardère Group. 26 July 2001
962:. Billboard. 30 December 2008. Archived from
934:"Zavvi Group (in relation to Administration)"
8:
853:"Zavvi music store goes into administration"
699:"Zavvi Digital Download Plan Bites The Dust"
32:
394:"THG sells OnDemand division to management"
31:
859:. Associated Newspapers. 24 December 2008
829:. Zavvi. 24 December 2008. Archived from
27:Online retailer of entertainment products
726:"Woolworths' collapse hits Virgin Group"
483:
481:
1070:"Zavvi progress report to 23 June 2009"
629:"Zavvi to roll out books in 125 stores"
464:"Branson lets go of record store chain"
360:
1139:Online retailers of the United Kingdom
988:. HMV. 14 January 2009. Archived from
583:. MCV. 21 January 2007. Archived from
1129:British companies established in 2007
912:"UK's Zavvi goes into administration"
7:
1134:Retail companies established in 2007
807:. GamesIndustry.biz. 8 December 2008
466:. Financial Times. 16 September 2007
884:. Ernst & Young. Archived from
879:"Ernst & Young Zavvi Proposals"
783:"EUK: Zavvi clarifies its position"
607:"Zavvi rules out crazy discounting"
555:"€3.4m Virgin loss hits new owners"
511:"Virgin strikes exclusive EUK deal"
442:"Branson sells Virgin music stores"
759:. Times Newspapers. Archived from
25:
910:Davey, James (24 December 2008).
751:Power, Helen (12 December 2008).
805:"Zavvi suspends gift card sales"
724:Hall, James (5 December 2008).
1104:. Retail Week. 9 December 2009
369:"The Hut swoops for Zavvi.com"
274:(EUK) as EUK had entered into
1:
1012:"Notice of creditors meeting"
533:"Zavvi outlines new identity"
444:. BBC News. 17 September 2007
491:. BBC News. 24 December 2008
1144:Retail companies of England
189:and the American stores to
55:; 17 years ago
1160:
657:. mad.co.uk. 20 March 2008
162:
489:"Why did Zavvi go under?"
250:digital rights management
732:. Telegraph Media Group
986:"Placing announcement"
785:. MCV. 5 December 2008
609:. MCV. 23 January 2008
513:. MCV. 30 January 2007
300:
210:
180:in 1971 and the first
581:"Zavvi targets games"
535:. MCV. 8 October 2007
316:Ernst & Young LLP
298:
290:Deloitte & Touche
226:in the dot of the i.
204:
191:The Related Companies
165:Virgin Megastores UK
159:Virgin Megastores UK
72:Virgin Megastores UK
1050:on 22 February 2009
1024:on 25 February 2009
940:on 10 February 2009
891:on 25 February 2009
833:on 17 December 2008
705:on 14 February 2009
587:on 5 September 2012
371:. MCV. 2 March 2009
267:The Daily Telegraph
207:Newcastle upon Tyne
53:September 2007
34:
334:Head Entertainment
301:
264:In December 2008,
211:
176:store on London's
172:started his first
1082:on 6 October 2011
677:"Zavvi downloads"
561:. 26 January 2008
286:Ernst & Young
254:Ernst & Young
215:management buyout
205:A Zavvi store in
121:
120:
16:(Redirected from
1151:
1114:
1113:
1111:
1109:
1098:
1092:
1091:
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1087:
1081:
1074:
1066:
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1059:
1057:
1055:
1040:
1034:
1033:
1031:
1029:
1023:
1016:
1008:
1002:
1001:
999:
997:
982:
976:
975:
973:
971:
966:on 22 March 2009
956:
950:
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923:
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901:
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410:
409:
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405:
390:
381:
380:
378:
376:
365:
325:St Stephen's Day
272:Entertainment UK
197:Zavvi rebranding
117:
114:
63:
61:
56:
35:
21:
18:Zavvi (retailer)
1159:
1158:
1154:
1153:
1152:
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1148:
1119:
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1107:
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1037:
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1021:
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1010:
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1005:
995:
993:
984:
983:
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953:
943:
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932:
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927:
917:
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836:
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824:
820:
810:
808:
803:
802:
798:
788:
786:
781:
780:
776:
766:
764:
763:on 12 June 2011
750:
749:
745:
735:
733:
723:
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718:
708:
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697:
696:
692:
682:
680:
675:
674:
670:
660:
658:
653:
652:
648:
638:
636:
635:on 1 April 2008
627:
626:
622:
612:
610:
605:
604:
600:
590:
588:
579:
578:
574:
564:
562:
559:The Independent
553:
552:
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538:
536:
531:
530:
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516:
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418:
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413:
403:
401:
392:
391:
384:
374:
372:
367:
366:
362:
358:
350:Gordon Brothers
342:
310:working capital
262:
199:
187:Lagardere Group
170:Richard Branson
167:
161:
156:
148:Gordon Brothers
111:
83:
59:
57:
54:
44:Online shopping
40:
28:
23:
22:
15:
12:
11:
5:
1157:
1155:
1147:
1146:
1141:
1136:
1131:
1121:
1120:
1116:
1115:
1093:
1061:
1035:
1003:
992:on 4 June 2009
977:
951:
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870:
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743:
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646:
620:
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572:
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524:
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477:
455:
433:
411:
400:. 21 July 2023
398:Retail Gazette
382:
359:
357:
354:
341:
338:
305:administration
284:reported that
276:administration
261:
260:Administration
258:
198:
195:
163:Main article:
160:
157:
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119:
118:
109:
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91:
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82:United Kingdom
81:
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69:
68:Predecessor(s)
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51:
47:
46:
41:
38:
26:
24:
14:
13:
10:
9:
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762:
758:
754:
747:
744:
731:
730:The Telegraph
727:
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178:Oxford Street
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171:
166:
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153:
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144:The Hut Group
141:
137:
133:
129:
128:Blu-ray discs
125:
116:
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99:
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52:
48:
45:
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36:
30:
19:
1106:. Retrieved
1096:
1084:. Retrieved
1077:the original
1064:
1052:. Retrieved
1048:the original
1038:
1026:. Retrieved
1019:the original
1006:
994:. Retrieved
990:the original
980:
968:. Retrieved
964:the original
954:
942:. Retrieved
938:the original
928:
916:. Retrieved
905:
893:. Retrieved
886:the original
873:
861:. Retrieved
856:
847:
835:. Retrieved
831:the original
821:
809:. Retrieved
799:
787:. Retrieved
777:
765:. Retrieved
761:the original
757:Times Online
756:
746:
734:. Retrieved
729:
719:
707:. Retrieved
703:the original
693:
681:. Retrieved
671:
659:. Retrieved
649:
637:. Retrieved
633:the original
623:
611:. Retrieved
601:
589:. Retrieved
585:the original
575:
563:. Retrieved
558:
549:
537:. Retrieved
527:
515:. Retrieved
505:
493:. Retrieved
468:. Retrieved
458:
446:. Retrieved
436:
424:. Retrieved
414:
402:. Retrieved
397:
373:. Retrieved
363:
347:
343:
332:
329:
314:
302:
279:
265:
263:
246:iTunes Store
239:
228:
223:
220:Virgin Media
212:
168:
132:collectables
123:
122:
98:collectables
78:Headquarters
39:Type of site
29:
1108:27 February
1086:10 November
1054:18 February
1028:17 February
996:16 February
970:16 February
944:16 February
918:24 December
895:16 February
863:24 December
857:Metro.co.uk
837:24 December
811:30 December
767:12 December
709:16 February
683:23 November
661:23 November
517:24 December
495:24 December
235:Gamestation
1123:Categories
789:6 December
736:6 December
356:References
321:Boxing Day
914:. Reuters
281:The Times
182:Megastore
639:29 March
426:11 April
244:and the
136:homeware
102:homeware
94:Blu-rays
89:Products
679:. Zavvi
613:5 April
591:5 April
565:5 April
539:5 April
470:5 April
448:5 April
404:21 July
375:2 March
242:Napster
154:History
60:2007-09
58: (
50:Founded
174:Virgin
1080:(PDF)
1073:(PDF)
1022:(PDF)
1015:(PDF)
889:(PDF)
882:(PDF)
124:Zavvi
113:zavvi
33:Zavvi
1110:2022
1088:2009
1056:2009
1030:2009
998:2016
972:2016
946:2016
920:2008
897:2016
865:2008
839:2008
813:2008
791:2008
769:2008
738:2008
711:2016
685:2008
663:2008
641:2008
615:2008
593:2008
567:2008
541:2008
519:2008
497:2008
472:2008
450:2008
428:2008
406:2023
377:2009
340:Sale
233:and
231:Game
140:toys
138:and
115:.com
100:and
108:URL
1125::
855:.
755:.
728:.
557:.
480:^
396:.
385:^
352:.
323:/
278:.
193:.
150:.
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130:,
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1090:.
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1000:.
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841:.
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740:.
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643:.
617:.
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499:.
474:.
452:.
430:.
408:.
379:.
224:Z
209:.
62:)
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
