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Which clippings match 'Rough Trade' 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'UK music is in rude health, despite the woes of the last outdated chain of entertainment retailer,' he said.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• independent record shops • independent retailersindependent shopsLondon • music consumer • music sales • New York • outdated chain • process of renewal • renewretailingRough Trade • rude health • salessimilitudeStephen Godfroystumbling acrosstax • The Silent League • UK • UK music •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
20 JANUARY 2013

Rough Trade: destination store plugged-in to what its customers want

"'Ignoring technology is to ignore what has become a way of life for our customers,' said Rough Trade Retail director Stephen Godfroy.

The retailer, which has two shops, on Portobello Road and Brick Lane in London, has defied the gloom in a dwindling music retailing market. It generated a like–for–like sales hike of 30 per cent in the year to July 31. Godfroy said Rough Trade has benefited from tourism to the capital.

'Visiting Rough Trade is one of the things to do when you come to London and we're very proud of that,' he said. 'Tourism is an important factor in our success. We're a destination store.'"

(Jason Gregory, 5th January 2011, Retail Week, EMAP Publishing Limited)

Fig.2 Louisa "photobooth in rough trade east" [http://i–still–love–thebeatles.blogspot.co.uk/2011/04/just–saw–keira–knightley–walking–down.html]

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TAGS

Album Club membership • Brick Lanebricks and mortarCDconcertsconsumer lifestylesdestination storediscoverabilityDVD • dwindling • high street shopsHMV • ignoring technology • in-store experience • in-store gigs • incorporate digitalindie scene • like-for-like sales • London • loyalty card • MP3 downloads • music retailing market • online databasephotobooth • Portobello Road • recommended by the retailer • Retail Week (magazine) • retailerRough Trade • Rough Trade East • Rough Trade Notting Hill • Rough Trade Retail • shift to digitalshopspend timeStephen Godfroysuccessful brand spacethings to dotourism • tourism to the capital • UK • upcoming releases • vinyl recordway of life

CONTRIBUTOR

Simon Perkins
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