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Zavvi is an online retailer of entertainment products, including Blu-ray discs, collectables, homeware and toys. Originally a physical retailer, the brand has been online only since it was bought from administration by The Hut Group (THG) in 2009. [ 1 ]
THG plc, formerly The Hut Group, is a British e-commerce retail company headquartered in Manchester, England.It sells own-brand and third-party cosmetics and dietary supplements online, and provides an end-to-end e-commerce service to third parties through its Ingenuity division. [5]
With the change of ownership the Virgin Megastores disappeared and were replaced with a new name 'Zavvi'. All 125 stores remained trading and the change was fully implemented by late November 2007. In January 2008 the online system was also rebranded to "zavvi.co.uk" and Virgin Megastores Ireland changed to 'Zavvi Ireland'.
Head Entertainment LLP was a British entertainment retail chain founded in February 2009. It was established after the entertainment retailer Zavvi went into administration in December 2008, with some of its founders being former Zavvi directors who aimed to save a number of Zavvi stores and jobs.
Zavvi: 24/12/2008 Ernst & Young [9] 22 178 BBC News [10] The Business Desk [11] Whittard of Chelsea: 23/12/2008 Ernst & Young: ITN [12] Sold to private equity company Epic The Officers Club: 23/12/2008 PricewaterhouseCoopers: BBC News [13] 118 of the chain's 150 stores were sold, others closed The Pier: 04/12/2008 Mazars: BBC News [14] MFI ...
The company purchased Zavvi in 2009, Lookfantastic in 2010 and Myprotein in 2011. The group focused on beauty and lifestyle products because of the large margins and potential for international scaling. [7] On 16 September 2020, THG floated on the London Stock Exchange, the largest IPO on the LSE since 2013. [8]
2007 – Sells Virgin Megastore in the UK and Ireland to Zavvi [15] 2007 – Virgin Media Television Launches Virgin 1; 2007 – Closes Virgin Digital in the UK (Virgin now sells music downloads through Virgin Media's website) 2007 – Virgin Fuel US$400 million in Virgin Atlantic jet flight on biofuels and in renewable energy.
In April 2010, Swedish hardware store Clas Ohlson opened its sixth UK store in Clayton Square occupying the former premises of Zavvi. [1] All businesses located in Clayton Square Shopping Centre are members of Retail and Leisure Liverpool BID. [2]