RSS

HMV reports Christmas sales slump

0 comments

HMV storeHMV is attempting to refocus its struggling business on new technology sales

Troubled retailer HMV has reported a sharp fall in sales for the Christmas period but noted a slowing in the decline of its music and film business.

Like-for-like sales, which strip out the effect of shop closures, fell 8.1% in the five weeks to the end of the December. Total sales were down 16.6%.

The group also reiterated concerns about its ability to continue trading in its current form.

Last month, it warned it may be forced to sell its live music business.

Like-for-like sales for the period at this part of the business were down by 1% against a year earlier, compared with a fall of 8.2% at HMV's retail business.

Technology

However, HMV said that there were signs that its attempts to refocus on technology products were starting to pay off.

Like-for-like sales in technology products at the 144 stores that have been refitted with a range of portable digital products were up 51%.

"The continuing actions to focus the business and to expand our technology offering are beginning to show through," said chief executive Simon Fox.

"We are seeing a combination of a slowing of the decline in music and film, and acceleration in the growth of technology.

"Undoubtedly trading conditions and the consumer environment remain challenging, but we remain confident in HMV's future prospects."

HMV is attempting to refocus its business by offering more technology products, such as MP3 players, headphones and tablet computers, as well as live music and event ticketing.

The company has said it expects the impact of the store refits to be shown in its next set of results, as the work to convert stores took place towards the end of 2011.

Continue Reading... Labels: , , ,


Father's Christmas miracle: US girl returned

0 comments

For the first time since his ex-wife spirited their daughter away to Japan nearly four years ago, a Wisconsin doctor was able to tuck his little girl into bed after a bitter court battle that brought her home just in time for Christmas.

"Karina is at home and it's a miracle," Moises Garcia told reporters Saturday.

Garcia fought passionately -- and spent about $350,000 -- to get his daughter back after her mother, Emiko Inoue, took the five-year-old girl to Japan in February 2008.

The liver transplant doctor learned to speak Japanese so he could communicate with a daughter whose English was slipping away.

He hired lawyers in Japan and flew across the Pacific nine times to press his case and try to see his daughter. He enlisted the help of the US State Department and his native Nicaragua. He became active in an advocacy group -- Global Future -- run by US parents whose children were taken to Japan.

Garcia won a major victory in 2009 when the Japanese courts -- which did not recognize the US court that granted Garcia full custody -- determined he should have visitation rights. And he kept fighting when his ex-wife appealed and the case dragged on for years.

In all that time, he only saw his daughter three times. The longest visit was for just under two hours at a hotel restaurant. Another visit lasted ten short minutes at a school open house.

Karina is the first US child abducted by a Japanese parent who was returned to the United States with the aid of the court system.

Her case remains an anomaly, however, because Karina likely never would have been returned if her mother hadn't flown to Hawaii in April and been arrested on child abduction charges.

Inoue spent months in a Wisconsin jail until she reached a plea deal with prosecutors: her parents would send Karina home to Garcia and Inoue would be given probation instead of a lengthy prison sentence.

"This kind of thing should not happen in this civilized world," Garcia said.

Japan is the only member of the Group of Eight industrialized powers that is not party to a 1980 convention requiring countries to return wrongfully held children to their countries of usual residence.

Mindful of international criticism, Japan has agreed in principle to sign the Hague treaty.

But the move would only apply to future cases and not to the more than 120 ongoing cases in which US parents are seeking children in Japan.

Secretary of State Hillary Clinton raised the issue again at a meeting Monday with Foreign Minister Koichiro Gemba, pressing Japan to "take decisive steps" to accede to the treaty and "address outstanding cases."

Congressman Christopher Smith, who has been active for years on child abduction cases, said the Garcia case is "an additional wake-up call for the Japanese government that they need to move expeditiously to resolve these cases."

"Other parents are still spending another Christmas living in agony as their children remain unlawfully detained by abducting parents," Smith, a Republican from New Jersey, told AFP.

Smith, the author of landmark legislation a decade ago against human trafficking, said he planned to move ahead next year on a bill that he hoped would give the US government greater tools to resolve abduction cases.

Under the legislation, the United States would be required to assess every country's efforts on child abductions -- regardless of whether it is party to the Hague convention -- and potentially impose sanctions.

"What this does is make it a country-to-country fight rather than David vs. Goliath," Smith said.

Until laws change in Japan -- and family courts gain the power to enforce custody rights -- it will be nearly impossible for other parents to be reunited with their children, Garcia said.

"When my ex-wife was arrested we finally got the enforcement that was missing from the Japanese courts," he said at a press conference in a Milwaukee hotel.

"If my ex-wife had never been arrested, Karina's alienation would have been completed."

The stress of the past few months have taken a toll on Karina, who has lost weight and is anxious about the move to the United States, Garcia said.

They are slowly getting to know each other again. But despite four years apart, some things haven't changed. She still lines up all her dolls on her bed and she remembered their bed-time ritual.

"She left the blanket open for me to close it. That was the moment I knew she was at home."

Continue Reading... Labels: , , ,


Bethlehem set for Christmas Mass

0 comments

Latin Patriarch of Jerusalem, Fuad Twal, 24 DecThe Latin Patriarch of Jerusalem, Fuad Twal, will lead the Midnight Mass

Christian pilgrims and tourists from around the world have converged on Bethlehem for Christmas.

About 120,000 visitors are in the Palestinian West Bank town, 30% up on last year, officials said.

Crowds gathered early to sing carols around the 50ft (15m) Christmas tree in Manger Square.

Celebrations will culminate in Midnight Mass at the 1,700-year-old Church of the Nativity, built on the spot where it is believed Jesus was born.

'Unique Christmas'

The Latin Patriarch of Jerusalem, Fuad Twal, has travelled from Jerusalem to Bethlehem, where he will later lead the Midnight Mass.

He passed through the massive gate in the controversial Israeli security barrier that separates Jerusalem from Bethlehem and arrived in Manger Square, where he was greeted with a bagpipe band.

Patriarch Twal, a Palestinian who is a Jordanian citizen, has expressed concern for Christians in the current upheavals in the Middle East and asked them to support the moves towards freedom and democracy.

His midnight homily will urge "the return of calm and reconciliation in Syria, in Egypt, in Iraq and in North Africa".

It will read: "O Child of Bethlehem, in this New Year, we place in your hands this troubled Middle East and, above all, our youth full of legitimate aspirations, who are frustrated by the economic and political situation, and in search of a better future."

Boy scouts with drums and bagpipes have taken part in the traditional afternoon procession through the town.

Restaurants and shops selling memorabilia such as olive wood-carved religious statues were doing brisk trade as habit-wearing monks rubbed shoulders with Father Christmas hat-wearing Filipino tourists.

American visitor Irma Goldsmith told Associated Press: "I watch Christmas in Bethlehem each year on TV, but to be here in person is different. To be in the spot where our saviour was born is amazing."

Bethlehem Mayor Victor Batarseh said he hoped the festivities would bring Palestinians closer to their dream of statehood.

"We are celebrating this Christmas hoping that in the near future we'll get our right to self-determination - our right to establish our own democratic, secular Palestinian state on the Palestinian land," Mr Batarseh told the Associated Press news agency.

"That is why this Christmas is unique."

The BBC's Jon Donnison in Bethlehem says although this year has been a momentous one for the Middle East, there has been almost zero progress in terms of peace between the Palestinians and the Israelis.

Israel controls access to Bethlehem through checkpoints and the controversial barrier.

Residents say their livelihoods are imperilled by the barrier, which skirts around the edge of Bethlehem, surrounding it on three sides.

Once predominantly Christian, two-thirds of Bethlehem's 50,000 residents are now Muslim.

Some say the economic restrictions imposed by Israel are the main reason behind the exodus of Christians from the West Bank; others cite persecution by militant Muslims.

Continue Reading... Labels: ,


Christmas shopping push across UK

0 comments

ShoppersThe final bid to visit shops is expected to be followed by online spending on Boxing Day

Millions of people have hit shops across the UK to secure last-minute purchases ahead of Christmas Day.

Many retailers extended opening hours and provided heavy discounts.

Shopping centres across Scotland were busy - especially in Glasgow and Aberdeen - while Belfast's Castle Court also reported brisk trade.

London's Oxford Street was also hectic - with many men leaving gift buying til the 11th hour, a shopping centre spokesman said.

Meanwhile, online shopping association IMRG expected consumers to spend £186.4m online on Christmas Day.

It forecasts that £367.8m will be spent on Boxing Day.

Its estimates were said to represent a 12% increase on the sum spent last year.

"The amount of money consumers spend online every Christmas Day is continuing to show double-digit growth," said a spokesman.

Heavy footfall

Braehead in Glasgow and Union Square in Aberdeen were both reported to be extremely busy, while Belfast's Castle Court reported footfall up by 15% compared to last year.

In recent days some shops stayed open until 23:00 GMT.

Hectic scenes were reported across London's West End where three-quarters of those hitting the shops were men, according to a spokesman for the New West End Company, which represents 600 retailers across Oxford Street, Regent Street and Bond Street.

He said: "There has been a last-minute surge, although we always knew today would be busy.

"The lingerie and perfume counters are heaving. One of the Dior counters said they had their first sale just 13 seconds after opening this morning.

"There are also a lot of people at the Marks and Spencer and John Lewis food counters, where people seem to be panic buying."

Stores were offering discounts of up to 60%, the spokesman added.

More than 600 buses were arriving daily at the Trafford Centre, in Manchester, to deliver shoppers from all over the north of England.

The total footfall at Bluewater shopping centre was expected to be about 750,000 between 20 and 23 December.

A spokeswoman for the centre said there was also a heavy male presence at the site, with the gift wrapping service being particularly popular.

Continue Reading... Labels: , ,


 

topbacklinkservice.org

Random Posts

worldnewsinitaly.blogspot.com

HOTMOBILEPHONEREVIEWS.Info

Recent Comments

worldnewsingerman.blogspot.com

ABOUTSEDATIONDENTISTRY.Info

About Template

Return to top of page Copyright © 2010 | Flash News Converted into Blogger Template by HackTutors