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Thread: Jessops calling in Administrators

  1. #1
    Grand Master sundial's Avatar
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    Jessops calling in Administrators

    https://www.spiritfm.net/news/busine...s-rescue-plan/

    too many retailers not enough customers.

    Camera Jungle (Jessops subsidiary) keeps offering large discounts i.e. 15% and 20% endeavouring to increase cash flow.

    dunk
    "My friends, as I have discovered myself, there are no disasters, only opportunities. And, indeed, opportunities for fresh disasters ..." Boris Johnson After being sacked from the Tory front bench, 2004

  2. #2
    Journeyman Tabs's Avatar
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    They were struggling a while back with Asian sellers (Hong Kong IIRC) undercutting their prices. Another victim of changing retail conditions....

    I bought a 20D from their Southport store about 15 years ago during one of their promotions. Was a good price at the time too.

  3. #3
    The situation is black & white, a negative outlook for Jessop's as an enlargement of their credit facility fails to develop.

    Expect a flash sale coming soon.

    R
    Ignorance breeds Fear. Fear breeds Hatred. Hatred breeds Ignorance. Break the chain.

  4. #4
    Master Mr Curta's Avatar
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    Quote Originally Posted by ralphy View Post
    The situation is black & white, a negative outlook for Jessop's as an enlargement of their credit facility fails to develop.

    Expect a flash sale coming soon.

    R
    ISO what you did there

  5. #5
    Master
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    Ah, now I get the picture.

  6. #6
    Grand Master sundial's Avatar
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    Jessops has succumbed to its own 'big stopper' and no 'fixer' will be able to halt its 'projected slide' into oblivion.

    dunk
    "My friends, as I have discovered myself, there are no disasters, only opportunities. And, indeed, opportunities for fresh disasters ..." Boris Johnson After being sacked from the Tory front bench, 2004

  7. #7
    Grand Master learningtofly's Avatar
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    Come on, guys - focus on the issue!

  8. #8
    Grand Master number2's Avatar
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    Doesn't sound like a snap desicion,
    I guess they're past the stage of seeing what developes.
    "Once is happenstance. Twice is coincidence. The third time it's enemy action."

  9. #9
    Master
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    clearly Too much over exposure to a tough market.

  10. #10
    Grand Master Saint-Just's Avatar
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    I am still processing the information
    Don't take my silence for agreement. I've just realised you're too stupid to argue with.

  11. #11
    Grand Master number2's Avatar
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    Online shopping probably had a negative effect,
    "Once is happenstance. Twice is coincidence. The third time it's enemy action."

  12. #12
    Grand Master magirus's Avatar
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    Apparently a bloke called Len's in the frame to buy the company.

  13. #13
    Grand Master number2's Avatar
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    Quote Originally Posted by magirus View Post
    Apparently a bloke called Len's in the frame to buy the company.
    Is he a fixer?
    "Once is happenstance. Twice is coincidence. The third time it's enemy action."

  14. #14
    Grand Master Griswold's Avatar
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    Quote Originally Posted by number2 View Post
    Is he a fixer?
    He's certainly in the frame
    Best Regards - Peter

    I hate being bipolar, its brilliant.

  15. #15
    They always had more cheap and nasty accessories than you can bokeh stick at, you only had to take a look in their windows, aperture is worth a thousand words.

    The shutters will be down any time now.




    R
    Ignorance breeds Fear. Fear breeds Hatred. Hatred breeds Ignorance. Break the chain.

  16. #16
    Grand Master sundial's Avatar
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    20% off used stock ends Sunday 27 Oct ... They keep offering discounts.

    https://www.camerajungle.co.uk

    dunk
    "My friends, as I have discovered myself, there are no disasters, only opportunities. And, indeed, opportunities for fresh disasters ..." Boris Johnson After being sacked from the Tory front bench, 2004

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