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

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User_Removed
31 Jan 2013 - 8:55 PM

Peter Jones

Good luck Peter! Although - I can see you making HUGE changes when it comes to actually selling the hardware! Wink

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31 Jan 2013 - 8:55 PM

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answersonapostcard
answersonapostcard Site Moderator 1012518 forum postsanswersonapostcard vcard United Kingdom15 Constructive Critique Points
31 Jan 2013 - 9:07 PM


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.

CaptivePhotons
CaptivePhotons e2 Member 111515 forum postsCaptivePhotons vcard England2 Constructive Critique Points
31 Jan 2013 - 9:10 PM


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

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

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

mikehit
mikehit  46107 forum posts United Kingdom9 Constructive Critique Points
31 Jan 2013 - 9:22 PM

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...

Umberto_Vanni
Umberto_Vanni e2 Member 9341 forum postsUmberto_Vanni vcard Scotland
31 Jan 2013 - 9:28 PM

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

User_Removed
31 Jan 2013 - 9:29 PM


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... Wink

Last Modified By User_Removed at 31 Jan 2013 - 9:30 PM
answersonapostcard
answersonapostcard Site Moderator 1012518 forum postsanswersonapostcard vcard United Kingdom15 Constructive Critique Points
31 Jan 2013 - 9:31 PM

Hows he going to save jobs???

User_Removed
31 Jan 2013 - 9:37 PM

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.

Wink

Last Modified By User_Removed at 31 Jan 2013 - 9:38 PM
answersonapostcard
answersonapostcard Site Moderator 1012518 forum postsanswersonapostcard vcard United Kingdom15 Constructive Critique Points
31 Jan 2013 - 9:38 PM

The stores arent in the deal

User_Removed
31 Jan 2013 - 9:41 PM

YET.

answersonapostcard
answersonapostcard Site Moderator 1012518 forum postsanswersonapostcard vcard United Kingdom15 Constructive Critique Points
31 Jan 2013 - 9:44 PM

http://www.independent.co.uk/news/business/news/dragons-dens-peter-jones-buys-je...

Quote: Entrepreneur has not bought any of the chain's physical stores

CaptivePhotons
CaptivePhotons e2 Member 111515 forum postsCaptivePhotons vcard England2 Constructive Critique Points
31 Jan 2013 - 9:44 PM


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.

User_Removed
31 Jan 2013 - 9:50 PM

Suggestion.

Let's all pick up on this thread in six to nine months time...?? When it's all 'happened'

Smile

SlowSong
SlowSong e2 Member 54172 forum postsSlowSong vcard England28 Constructive Critique Points
31 Jan 2013 - 10:09 PM

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.

Last Modified By SlowSong at 31 Jan 2013 - 10:10 PM
answersonapostcard
answersonapostcard Site Moderator 1012518 forum postsanswersonapostcard vcard United Kingdom15 Constructive Critique Points
31 Jan 2013 - 10:14 PM

It think it was Hilco that toyed with that idea, briefly, and they didnt go ahead with that. Today they have started laying off staff at HMVSad

Last Modified By answersonapostcard at 31 Jan 2013 - 10:14 PM

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