Thursday, January 17, 2008

HMV: Now, that's a surprise

Gennaro Castaldo should be in for a large bonus - confounding city expectations and a fairly dismal time on the High Street, HMV has posted like-for-like sales growth of nearly 10% over the Christmas period. Even their album sales were better than in 2006.

Of course, a cynic might point out that the economic slowdown and there generally being less cash around means that cheaper gifts like DVDs and CDs means HMV is doing quite well out of everyone else's pain.


Post a comment

As a general rule, posts will only be deleted if they reek of spam.