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


User_Removed 10 17.9k 8 Norway
31 Jan 2013 8:55PM
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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answersonapostcard e2
10 12.7k 15 United Kingdom
31 Jan 2013 9:07PM

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 e2
11 1.6k 2 England
31 Jan 2013 9:10PM

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 e2
5 7.1k 11 United Kingdom
31 Jan 2013 9:22PM
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...
31 Jan 2013 9:28PM
Hopefully it will save jobs. That's the main thing.
User_Removed 10 17.9k 8 Norway
31 Jan 2013 9:29PM

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
answersonapostcard e2
10 12.7k 15 United Kingdom
31 Jan 2013 9:31PM
Hows he going to save jobs???
User_Removed 10 17.9k 8 Norway
31 Jan 2013 9:37PM
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
answersonapostcard e2
10 12.7k 15 United Kingdom
31 Jan 2013 9:38PM
The stores arent in the deal
User_Removed 10 17.9k 8 Norway
31 Jan 2013 9:41PM
YET.
answersonapostcard e2
10 12.7k 15 United Kingdom
31 Jan 2013 9:44PM
CaptivePhotons e2
11 1.6k 2 England
31 Jan 2013 9:44PM

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 10 17.9k 8 Norway
31 Jan 2013 9:50PM
Suggestion.

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

Smile
SlowSong e2
6 4.8k 29 England
31 Jan 2013 10:09PM
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.
answersonapostcard e2
10 12.7k 15 United Kingdom
31 Jan 2013 10:14PM
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

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