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The Virgin Mega Store, founded by Sir Richard Branson in 1971 on London's Oxford Street, became a cultural cornerstone in the entertainment sector. Known for its vast array of products including music, books, video games, and merchandise, the store represented the cooperative spirit of Virgin Records. Operating globally with around 50,000 employees, its impressive revenue highlights its influence, boasting £55.4 million in the UK and $280 million in the US by 2008. As the brand evolved, many locations were rebranded or closed, reflecting changes in consumer habits.
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Activity / Sector The activity of virgin mega store was a record shop, this company it's in the third sector. Virgin mega store and Virgin Records cooperate so they can have many products of Virgin Records. They have also Books, Consoles, DVDs, Games, Magazines, Music, T-shirts, Schedule and many others.It also created, inter others companies: Sony Virgin Atlantic (air transport), Virgin Cola (sodas), Direct Virgin (financial products), Virgin Trains (rail transports), Virgin Mobile (mobile telephony), Active Virgin (sports Hall), Virgin Money (Finance), Virgin Galactic (space Tourism).
VIRGIN Virgin mega store was founded in January or february 1971 (date not exactly sure) by Sir Richard Branson on London's Oxford street. But this company is manage by Simon Wright the Chief executive of the Virgin Entertainment Group. Approximately 50, 000 people work to Virgin mega store in 30 countries. In United kingdom, the turn over rises to 55,4 million£ in 2008. In United states, the turn over rises to 280 millions $ And in Europe there are 76,4 million€ of turn over.
VIRGIN Recently many of Virgin mega store was rebrand by a various companies like Lagardère Group in France. In the United State of America many of virgin mega store were gradually closed.http://www.youtube.com/watch?v=KUdft7L_x-0http://www.virgin.com/