So there IS a 'White Knight' in the Photography Retail High Street!

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31 Jan 2013 - 8:55 PM

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answersonapostcard (Site Moderator)

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31 Jan 2013 - 9:07 PM

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Quote: It is not currently thought that stores will reopen as part of the purchase.

The part of the deal covering "certain other assets" is understood to mean leftover stock and intellectual property.

Not so much as a white knight as an asset stripper.

mikehit (e2 Member)

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31 Jan 2013 - 9:22 PM

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In what way is he an asset stripper. He is buying a defunct brand.
If anyone is an asset stripper, surely it is the administrators...

User_Removed

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31 Jan 2013 - 9:29 PM

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Quote: Beat me to it, I don't think he's doing it for love.

??? Of course not! He's a superb businessman!!


Quote: In what way is he an asset stripper. He is buying a defunct brand.
If anyone is an asset stripper, surely it is the administrators...

RIGHT on the money Mike.


Quote: Hopefully it will save jobs. That's the main thing.

Certainly some Umberto...

User_Removed

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31 Jan 2013 - 9:37 PM

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OK.

Jessops goes to the wall = ALL jobs gone.

Peter (the internet God) understands that we - the human being - like to 'touchy-feely' the intended purchase BEFORE parting with the hard-earned cash.

'Hmmmm... How can I maximise on this? (Peter says to himself...)

Let's keep SOME of the chain retail outlets open in KEY geographic areas so that the prospective buyers can get their mitts on the product - BEFORE ordering online.

QED.

SOME jobs are saved.

User_Removed

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31 Jan 2013 - 9:41 PM

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YET.

CaptivePhotons (e2 Member)

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31 Jan 2013 - 9:44 PM

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Quote: ??? Of course not! He's a superb businessman!!

Agreed, out to make himself some money and we shouldn't knock him for that, but he's certainly no 'White Knight' in the sense that he intends to be the saviour of Jessops.

SlowSong (e2 Member)

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31 Jan 2013 - 10:09 PM

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I heard rumours that someone was going to buy HMV and Jessops and maybe combine them, probably in some watered down versions, stores within stores.