Wed, 09 Jan 2013 | ADMINISTRATION
Photography retailer Jessops has entered administration, appointing PwC to handle the situation
Sources from Sky News confirmed that an application for administration was filed on the morning of Wednesday 9 January, making the company one of the first major high street casualties of 2013.
The business has experienced difficulties for some time now despite its long history as a successful retailer. It appears that the changes within the sector have now proved too much for the firm to keep up with.
It is thought that the shift to online trading and the increasing use of camera phones have proved particularly problematic for the business.
Jessops have said that it will not honour gift vouchers or accept returned goods. While the administrators have confirmed that around 2,00 jobs are at risk.
Sale of a soft home furnishing provider, operating nationwide from a leasehold premises in the East Midlands. Currently a family ran business specialising in the sourcing and import.
The company provides roadside assistance, vehicle recovery and garage workshop facilities, utilising a diverse, varied fleet of specialised vehicles to provide rapid support to clients based across South East England.
The company is a manufacturer of specialist textile products that have a variety of applications, including the aerospace, agricultural, defence, maritime and materials handling sectors, as well as any industries involved in height safety.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.