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Which clippings match 'Tax' keyword pg.1 of 1
20 JANUARY 2013

HMV's woes do not signal the end for record shops

"But, for once, the smaller independent retailers could be among the winners. Despite HMV's inability to make high street music retailing pay, many independent record shops are already reporting higher demand and sales, due partly to a backlash against Amazon's tax set–up and the difficulty of stumbling across unexpected gems online.

Stephen Godfroy, co–owner of Rough Trade, a chain of three London shops including a 500 sq m (5,000 sq ft) warehouse off Brick Lane, east London, said business is 'the best it's ever been' in the company's 36–year history. He said Rough Trade sales in the latest quarter were up 8% on the previous year and the company is in the process of launching a new online store and an outpost in Brooklyn, New York.

'UK music is in rude health, despite the woes of the last outdated chain of entertainment retailer,' he said. 'The collapse of HMV is sad but ultimately a necessary process of renewal that will result in a significantly brighter future for UK music consumers.'"

(Rupert Neate and Martha Thomas, 16 January 2013, Guardian News and Media Limited)

Fig.1 The Silent League [http://www.silentleague.com/] play in the intimate performance space at the back of Rough Trade [http://irocklondon.blogspot.co.uk/2010/07/vinyl–paradise–with–occasional–live.html].

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TAGS

Amazon.com • backlash • Brick LaneBrooklynchain storeeast London • entertainment retailer • high street music retailer • high street retailerHMV • independent record shops • independent retailersindependent shopsLondon • music consumer • music sales • New York • outdated chain • process of renewal • renewretailingRough Trade • rude health • salessimilitudeStephen Godfroystumbling acrosstax • The Silent League • UK • UK music • unexpected gems

CONTRIBUTOR

Simon Perkins
13 FEBRUARY 2012

Contractor Weekly: information for UK contractors and freelancers

"Contractor Weekly is the essential source of information for all contractors and freelancers in the UK. Based on decades of experience in the industry, the Contractor Weekly contributors provide a unique and cutting edge feed of news and opinion.

The Contractor Weekly website will be continually updated, but the full weekly editions will be sent by email every Wednesday. To receive the weekly edition please fill in the 'Newsletter Register' form on the left.

We want to interact with our readers as much as possible, so every article will have a comments section. We want your insight and encourage dialogue, so please feel free to add your views."

(Contractor Weekly)

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TAGS

businessbusiness advicebusiness developmentbusiness innovation • business news • consultantcontractor • contractor news • creative businesscreative economycreative industriescreative industries practitionercreativity and businessdesign businessdesign industryemployment • employment law • find employment • freelancefreelancer • freelancer news • indemnity • industry professionals • IR35 • job classified ads • PII • professional indemnity insurance • professional insurance • public liability • public liability insurance • sole tradertax • taxation • UK • VAT

CONTRIBUTOR

Simon Perkins
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