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Virgin megastore new name
Virgin megastore new name

Sir Richard Branson yesterday severed his last remaining link with the high street, offloading his Virgin Megastore chain at a virgin megastore new name when record shops are under unprecedented pressure from the internet and virgin megastore new name. The sale of stores throughout the UK and Ireland to a management buyout group for an undisclosed sum marks a final retreat from the music industry after more than 35 years. After setting the company up as a mail order business inSir Richard opened the first Megastore in Oxford Street, London, the following year and founded the Virgin record label inselling millions of vinyl copies of Mike Oldfield's Tubular Bells. The Virgin brand - which has been attached over the years to everything from trains to credit cards and wedding dresses to vodka with varying degrees of adult breastfeeding relationship erotic stories - will disappear from store fronts from November to be replaced with the name Zavvi. The new owners, led by the Virgin Megastore managing director Simon Douglas and finance director Steve Peckham, promised to safeguard all virgin megastore new name, jobs and overhaul the stores to compete more effectively in the iPod age. Mr Douglas said the name change gave the group the opportunity for a fresh start, saying it would concentrate on providing an independent alternative to the "corporate" HMV and develop ways of appealing to new generations of music, games and DVD buyers.
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