Hillsborough charity call over HMV

Justice CollectiveAn MP has contacted the HMV administrator to ask it to ensure that all money made on a charity single in aid of the Hillsborough families is paid to them.

Liverpool Walton MP Steve Rotheram has contacted Deloitte, the administrator brought in by HMV earlier this week, to ensure that all money made on the sale of the Justice Collective's Christmas single is paid to the families.
%VIRTUAL-SkimlinksPromo%

The proceeds of the sale of the single, which was Christmas number one, is for the families' continued fight for justice for the 96 victims of the Hillsborough disaster in 1989.

Mr Rotheram said HMV was "first class" in the way it promoted and sold the single over the Christmas period and hosted the launch in its Liverpool store.

He said: "I am devastated for the staff of HMV stores who are now facing the very real prospect of redundancy. I have made contact with Deloitte the administrator highlighting the need for them to give consideration to passport the residual monies owed to the charity from the sale of the single. I look forward to working with them to resolve this issue.

"It is worth reiterating that HMV did not make any profit from the sale of the single and that all monies collected by HMV stores were on behalf of the charity to assist the Hillsborough families in their continued legal fight for justice."

The MP said they sold almost 400,000 copies of the single, both digitally and in stores. HMV were responsible for sales which generated receipts of around £150,000, which he believes should be transferred via their distributor, Universal, to the charitable account.

Mr Rotheram added: "I am confident that the administrators understand the special circumstances relating to this specific issue and will do the right thing and pass the monies owed to the families' charity fund as soon as possible."

The version of the Hollies' hit He Ain't Heavy, He's My Brother by The Justice Collective was launched at Liverpool's HMV store by stars including football legend Kenny Dalglish and comedian John Bishop. The release came after a damning report into the handling of the crowd crush at Hillsborough Stadium.

A spokesman for the administrator said: "We understand why people feel very passionately about the Justice Collective single and have discussed this matter with people involved in the campaign. We are looking into it as a priority and hope to provide an update very soon."

7 PHOTOS
High Street casualties
See Gallery
Hillsborough charity call over HMV

Administrators sounded the death knell for Woolworths in December 2008, leading to store closures that left 27,000 people out of work. Since its collapse former Woolworths stores have become a blight in many town centres and more than 100 of the large stores still lay vacant in January 2012.

Loyal customers didn't have go without the family favourite store for long however as it reappeared online as Woolworths.co.uk in 2009, after Shop Direct Home Shopping bought out the Woolworths name.

The greetings cards specialist became the latest highstreet casualty in May with 8,000 jobs on the line when it was forced it into administration. Its biggest supplier, American Greetings, then bought Clintons out of administration and put the retailer through a rebrand including a new logo and complete in-store revamps.

Its contemporary format includes new fixtures and fittings and easier to navigate stores, and will be rolled out to all 400 UK stores at the cost of £16million. Bosses aim to bring the brand back to profit within two years.

Poor sales in the run up to Christmas was the final nail in the coffin for several struggling chains, including lingerie retailer La Senza, which went bust in January 2012 with 146 shops and 2,600 staff. Kuwaiti retailer Alshaya bought part of the business, which saved 60 shops and 1,000 staff.

La Senza has been struggling in a similar way to other specialist shops such as Game and Mothercare, which have been hit by cut-price competition at supermarkets and have no alternative products to help shoulder losses.

Stricken retailer Blacks Leisure, which employed 3,600 staff across 98 Blacks stores and 208 Millets stores, went into administration in Janurary 2012 after failing to find an outright buyer.

Soon after its stores were bought by sportswear firm JD Sports in pre-pack deal - an insolvency procedure which sees a company being sold immediately after it has entered administration – which saw most of Blacks' £36 million of debt wiped out.

Fashion chain Bonmarche, which was part of the Peacock Group, was sold in January when the group collapsed due to unsustainable debts, resulting in 1,400 job losses and 160 store closures. Private equity firm Sun European Partners bought 230 stores, which continue to trade with 2,400 staff.

Peacocks collapsed under a £740 million net debt mountain in January 2012 in the biggest retail failure since Woolworths. Despite being sold out of administration to Edinburgh Woollen Mill in a deal that saved 380 stores and 6,000 jobs, administrators from KPMG were forced to close 224 stores with immediate effect. This lead to 3,350 redundancies from stores and Peacocks head office in Cardiff.

The high street name continues trading as bosses work to stabilise the situation, yet a further blow was dealt this month with news that the firm's pension fund is in £15.8 million shortfall as a result of the collapse.

Game buckled under its £85m debt pile in March 2012 and was placed into administration after being unable to pay a £21m rent bill. Administrator PwC immediately closed 277 shops, with the loss of 2,000 jobs. Soon after, investment firm, OpCapita bought 333 Game stores, saving more than 3,000 jobs.

Game's demise followed a string of profit warnings and the failure of nervous suppliers, including leading names Electronic Arts and Nintendo, to go on providing the latest games, further damaging poor sales.

HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE


More stories
Read Full Story

FROM OUR PARTNERS