Former THG-owned retailer Zavvi enters administration and cancels all orders
The online entertainment retailer, which grew out of the Virgin Megastores rebrand, has stopped trading with immediate effect.
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The online entertainment retailer, which grew out of the Virgin Megastores rebrand, has stopped trading with immediate effect.
Insolvency expert Molly Monks of Manchester firm Parker Walsh sets out what happens to services, prepaid money and contracts, and whether customers should switch.
The chain, once Britain's leading high street seller of games and consoles with around 300 stores, had been owned by Frasers Group since 2019.
The Rochdale retailer has acquired the business and assets of the West London label, whose founders will stay on to lead design and creative direction.
Administrators say 733 jobs have been saved but 484 lost, and Equity for Punks investors will get nothing back.