Rough Trade Records, now a member of the , based in London , England .
The label grew out of the Rough Trade Shop , founded by Geoff Travis in West London in 1976 . The record label was set up in 1978 and also went into the distribution business. It became independent from the shop in 1982, then went bankrupt in 1991, ruining quite a few smaller record labels to which money was owed. Rough Trade was relaunched in 2000.
Rough Trade was a independently owned entity — a partnership between Mr. Travis, Jeanette Lee, (a former member of PiL ), and minority partners, Sanctuary Records , as a part of the Zomba Music Group until June 11 , 2002 when BMG bought out this business. In July of 2007 Sanctuary Records then sold Rough Trade to the Beggars Group making Rough Trade independent once again {Link without Title} .
