Disco, reggae, techno and dubstep are all shaped by other shops. The CD boom fuels the megastores, and then downloading takes hold and the big chains crash. But then independent record shops rise again from the ruins, riding the vinyl revival and Record Store Day.
In the opening year of the Seventies, when most people thought of jumbos as elephants and Pendolino sounded like a character in the Merchant of Venice, a former public schoolboy had the bright idea of starting a mail-order record business. His big idea was to undercut high street record shops by selling imports and even bootlegs to an eager market keen to save money and to explore new music — it was the kind of radical, some might say irreverent, disruptive, thinking that would serve Branson in the future in myriad ways. What about Virgin?
Photo sent in by Phil. I remember the shop in Corporation Street…amazing. I remember the shop in Corporation Street as well.
Born on July 18,in Surrey, England, Richard Branson struggled in school and dropped out at age 16—a decision that ultimately led to the creation of Virgin Records. Branson is also known for his adventurous spirit and sporting achievements, including crossing oceans in a hot air balloon. His father, Edward James Branson, worked as a barrister.
This article has been reposted from Knowledge Wharton. Sir Richard Branson founded Virgin Megastores in Forty years later, after a long and successful run, they have closed down one by one in the West.
This is the store today, which The Yorkshire Bank have taken over. The shop two doors down is empty though, maybe we could recreate it for the fortieth anniversary? It was never the same.
The Reader View of Wikipedia. Virgin Records Ltd. The US operations have also taken on the name Virgin Records.
Sir Richard Branson yesterday severed his last remaining link with the high street, offloading his Virgin Megastore chain at a time when record shops are under unprecedented pressure from the internet and supermarkets. The sale of stores throughout the UK and Ireland to a management buyout group for an undisclosed sum marks a final retreat from the music industry after more than 35 years. After setting the company up as a mail order business inSir Richard opened the first Megastore in Oxford Street, London, the following year and founded the Virgin record label inselling millions of vinyl copies of Mike Oldfield's Tubular Bells.
After making the shop into a success, they turned their business into a fully fledged record label. The name Virginaccording to Branson in his autobiographyarose from a colleague of his when they were brainstorming business ideas. She suggested Virgin - as they were all new to business - like "virgins".