Get all your news in one place.
100's of premium titles.
One app.
Start reading
MusicRadar
MusicRadar
Entertainment
Matt Mullen

"It’s been a tough few years": UK gear retailer PMT closes its doors, makes 96 staff redundant and sells £2.4m of stock to Gear4Music

Pmt.

Musical instrument retailer Play Music Today (also known as PMT) has closed down all 11 of its UK stores across England and Wales, ceased trading and entered administration. PMT Online, the company's online platform, has also been shut down.

PMT's directors have said in a statement that they explored all options available to them to keep the company afloat, including sale, refinance and investment options and a reorganisation of their store estate. Interpath's Howard Smith and Rick Harrison were appointed joint administrators to S & T Audio Limited, PMT's holding company, on 11 June.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.