Virgin Megastore employees demonstrate against planned job cuts at the entrance of the store on January 9, 2013, in Nice, southeastern France. Virgin&#39;s Megastore music and book unit, which is known in France as a &#39;culture&#39; retailer, said it will file for insolvency on January 9, 2013. Originally started by Richard Branson, the British billionaire and chairman of the Virgin Group, the Virgin Megastores were bought by the French Lagardere group in 2001. Placard hung on an employee&#39;s jacket at left reads : &#39;Sale on our jobs and on culture today&#39;.
HACHE