Fopp (retailer)

Fopp is a British chain of retail shops selling music, film, books and other entertainment products in the United Kingdom.

A week later the company announced a temporary closure in all its outlets and its online venture, and staff were informed that they would not be receiving their monthly pay.

[3] On 29 June 2007, Fopp called in receivers after a last-ditch deal that would have allowed Sir Richard Branson a way to devolve himself from the loss making Virgin Megastores without the negative PR of closing down multiple locations, but this deal failed to win support from Virgin's main supplier.

However we have failed to gain the necessary support from major stakeholders, suppliers and their credit insurers to generate sufficient working capital to run our expanding business.

"Ernst & Young was appointed as joint administrator of Fopp and Music Zone, and issued a press statement detailing shops closed and the numbers of jobs lost at each location.

After a statement from HMV stating that it was unable to open the Covent Garden London branch, it finally gained the landlord's consent to take over the lease and the shop reopened on 5 October 2007.

The shop intends to host regular performances from local bands, and hopes to allow musicians, artists and authors from Leamington and its surrounding areas to sell their work there.

[12] On 28 December 2018, HMV confirmed it had again been placed into administration, which Hilco UK cited the "tsunami" of retail competition as the reason for the move.

[14] The first Fopp shop was a market stall in Decourcey's Arcade near Byres Road in Glasgow opened 1981 by Gordon Montgomery.

As of 2020, Fopp has five shops across England and Scotland - London Covent Garden, Manchester, Cambridge, Edinburgh, and Glasgow Union Street.

Fopp logo
Fopp logo
Fopp store in London