UK entertainment retailer HMV estimates that an incredible 1.5 million LP's will be sold in HMV stores in 2016, the biggest year to date since 1997. HMV has responded to the UK’s renewed love affair with vinyl by expanding its turntable and speaker ranges significantly from two to ten by December 2016 and increasing its vinyl offer in all stores nationwide.
From 13th – 19th June, the UK’s leading entertainment retailer will celebrate its annual ‘Vinyl Week’ by offering up to 50% off selected titles.
On Saturday 18th June, a number of exclusive limited edition vinyl pressings will go on sale across HMV stores and online, there are:-
HMV will also have an exclusive release window on several vinyl reissues from Saturday 18th June which, along with the limited edition pressings, will not be available to buy anywhere else. These are:-
The retailer, which has 128 stores nationwide and online store hmv.com, reports that the top performing regions for vinyl are the North West, Yorkshire and Scotland.
The top 5 performing LPs at HMV in 2016 so far:
Official Charts data for 2016 shows that LP's are on track to smash through the three million unit mark for the first time in more than 20 years.
Gennaro Castaldo, Director of Communications at BPI, said:
“Sales of vinyl have risen dramatically since their low point in 2007, with over 2 million LPs purchased last year for the first time in more than two decades. With no let-up in sight, the BPI has every expectation this trend will continue, and estimates that up to 3.5 million LPs or more could be purchased during the course of 2016”. The major investment we are seeing in vinyl from HMV and other retailers alongside the commitment of labels and the artists themselves, can only add further impetus to this remarkable growth.”
Ian Topping, Chief Executive of HMV said:
“As the UK's largest vinyl retailer, HMV has expanded its offer considerably in 2016 due to the ever-growing demand from our customers. The strong resurgence of vinyl is set to continue as the highlight of the UK entertainment industry - expect vinyl to be top of the Father's Day gift list this year”
Adam Teskey, Manufacturing Director of The Vinyl Factory commented:
"The demand for vinyl has been booming over the past few years and show no sign of slowing down. Our pressing plant is running 50% more records now than in 2014 and our projected forecasts allow for this very positive trend to continue.”
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