Tag Archives: liquidation

HMV Henry Street’s Twitter this afternoon.

Hilco Capital, the parent company of HMV Ireland and Xtravision shut up shop on the former at the end of last month, and have apparently gone into liquidation the night before they were due to settle up with staff.

This is not the workers’ first rodeo with HMV.


…and HMV Limerick staff have spoken on their treatment by Hilco to the ‘sheet.

“It was first of all hard to hear that your job was gone, but the promise of a redundancy payment from HMV made that a bit easier and would have given people a bit of breathing room financially, while looking for new employment.With that now delayed it makes this a very difficult time for the staff that put Trojan work in right to the end, as we always did, to ensure the store closures went as smoothly as possible.”

Brendan Miller

“As well as that I think it’s the fact that a conscious decision was made by HMV Ireland/Hilco to lie to its employees and promise them a timely redundancy which was never going to be paid out. That was to ensure we were not in a position to use any leverage against them to ensure we got paid.”

Damien Mullane

More as we get it.

Oisin writes:

I cannot express enough my disbelief that an institution such as this has had to take these measures. I loved that shop.

A very sad day. The sweets were available for a short period in the Parnell Street branch in bowls at the counter about two years ago.

I kept them at the time because they disappeared almost immediately, and I thought they were amusing.

Peats “World Of Electronics’ Statement