HMV have today announced that they will once again have a presence on Dublin's most iconic commercial strip Grafton Street, creating 35 jobs in the process.
HMV's flagship store on Grafton Street was closed in January of last year after the high street chain encountered extreme financial difficulties which led to the closure of HMV stores nationwide. Hilco Capital, an investment company, purchased HMV's assets shortly afterwards and slowly began re-establishing the chain's Irish interests.
The new HMV premises will be located in the old A Wear building on Grafton Street. The chain's previous Grafton Street shop is now occupied by high street clothing store Massimo Dutti.
This morning's announcement will bring the total number of HMV stories in Ireland to seven. In addition to this, Hilco also operates 37 dual-branded HMV and Xtra-vision stories nationwide
Re-opening a Grafton Street shop was central to Hilco's Irish strategy. Larry Howard, CEO of Hilco Capital Ireland said: "HMV returning to Grafton Street has been a priority for Hilco Capital, and we’re delighted to have secured this premises. We’re looking forward to bringing this iconic brand back to its spiritual home in Ireland."