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HMV profit up on computer game sales

LONDON (Reuters) - HMV (HMV.L: Quote, Profile, Research) met forecasts with a 25 percent rise in annual profit, boosted by computer games where it said it was continuing to take market share, but its stock fell on mounting gloom over consumer spending.

HMV sales lifted by demand for video games HIGH street retailer HMV today bucked the wider gloom on the high street as it said demand for games such as Grant Theft Auto and Wii Fit helped lift sales.

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HMV seeks new ecommerce director

HMV has a gap at the top of its online tree as ecommerce director Gideon Lask is departing for Universal Music in the Autumn to become its senior vice president for business development.

HMV to sell VAT free games

HMV look set to exploit a loophole in the law enabling them to sell games, CD's, DVD and Blu-ray films in store without charging VAT on them.

HMV: Videogames "are the new rock 'n' roll"

HMV's head of games, Tim Ellis, has told GamesIndustry.biz that videogames have entered a "golden period" for the retailer, and "are the new rock 'n' roll" when it comes to popularity for consumers.

HMV profit up on computer game sales

LONDON: HMV met forecasts with a 25 percent rise in annual profit, boosted by computer games where it said it was continuing to take market share, but its stock fell on mounting gloom over consumer spending.

HMV profit up on computer game sales

LONDON (Reuters) - HMV met forecasts with a 25 percent rise in annual profit, boosted by computer games where it said it was continuing to take market share, but its stock fell on mounting gloom over consumer spending.

HMV boss is not foxed by digital downloading

Simon Fox, head of HMV, tells Andrew Cave how he has helped the ailing music group climb back into the charts with investors, and his hopes for the digital future

Internet shopping: Cheap DVDs coming soon to your HMV - via a nifty legal loophole and an offshore tax haven

HMV is extending to its high-street stores a controversial VAT-avoidance scheme that it currently operates solely through the group's website, which is based offshore. The move will offer shoppers discounts and free delivery on out-of-stock titles, at the expense of Treasury coffers.

Strong video game sales help HMV

Entertainment retailer HMV has reported a rise in full-year profits, helped by strong demand for video games.

'MGS4 for Xbox 360' a mistake, admits HMV

High Street retailer HMV has admitted a pre-order listing for Metal Gear Solid 4: Guns of the Patriots on the Xbox 360 was a mistake by its online admin team.

Computer games: Games buoy HMV while CD sales sink

Runaway sales of computer games such as Grand Theft Auto IV and the Wii Fit helped boost HMV's annual profits as it reported gains in market share yesterday.

HMV Revenues Rise As Video Game Console Demand Increases

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HMV e-commerce director to join Universal

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HMV lines up a few VAT-free CDs and DVDs

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Video Game Sales Boost HMV Profits

Strong video game sales aid HMV

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Internet retailer weathers credit storm

RETAILERS HMV and ASOS are in the spotlight this week while the housing market continues to cast its shadow. Today’s results from online fashion retailer ASOS should reveal healthy profit growth as the company bucks the worst of the tough trading conditions endured by high street rivals.

UK High Street offers VAT-free games

Saturday’s Guardian reports that HMV and Woolworths are exploiting a VAT loophole to bring goods valued under £18 to be imported via UK Stores.

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