By Maria Ward-Brennan London-listed online retailer Musicmagpie revealed its first six months of 2024 revenue has dropped by 13 per cent as the company struggles in the highly competitive second-hand market. The group – who specialise in consumer tech and disc media – revenue for the first six months totalled £53.8m, down on H1 2023 figure of £61.9m, with the reduction owing to the planned conversion of the group’s US business into a sourcing-only operation. Its UK consumer technology sales were slightly up at £28.7m (H1 2023: £28.6m), but its US consumer technology sales were £1.6m, down from…