Additional Information
Content
Jessops brand bought by Dragons' Den star Peter Jones
Jessops, the failed camera retailer, is set to be revived as an online-only brand by a consortium led by entrepreneur Peter Jones, star of BBC TV show 'Dragons' Den'.
Peter Jones: Dragons' Den star leads consortium buying Jessops brand
The high-street chain fell into administration last month and was forced to close its near-200 stores across the UK at a loss of 1,400 jobs, after being hit by increased competition from internet retailers and supermarkets.
Administrator PricewaterHouseCoopers (PwC) has announced that the Jessops "brand and other assets" have been acquired a group led by Jones. The consortium is understood to have faced competition from retail restructuring firm Hilco, which is interested in acquiring HMV.
However, Jones has not purchased Jessops' retail stores, with a buyer for those yet to be found.
A PwC spokesman said: "We can confirm we have sold the brand and certain other assets to a number of buyers, including entrepreneur Peter Jones CBE."
Jessops was the first in a trio of high-profile retail failures last month, including HMV and Blockbuster.
This article was first published on marketingmagazine.co.uk
Additional Information
Latest jobs Jobs web feed
- Account Director- Exciting Online Content Marketing Company- Up to £70,000 plus OTE Cedar Scott Up to £70,000 basic (up to £90,000 OTE) plus share options, Central London
- Category Manager Pearson Competitive salary & performance related bonus & benefits, Central London
- Global Product Manager Evans Taylor c£50k - c£60k p.a. plus car, bonus and benefits, North East of England or Central London
- Retail Marketing Manager - Maternity Cover Tottenham Hotspur Football Club Up to £35,000 pro-rata, Tottenham and Enfield
- Brand Manager Radisson Blu Edwardian, London Competitive , South Kensington, London
- ACCOUNT DIRECTOR/SENIOR ACCOUNT DIRECTOR - BTL/SP/Brand Experience - London - £45 - £55k plus bonus Judi Patton £45K-55K plus bonus, London/Greater London
Most read
Most commented
BR Insight
Digital Integration: Connecting the Dots (Webcast) External website
Integrated digital marketing offers huge opportunities to engage, servic...
Mobile 2013: Top 5 Need-to-Knows to Fully Cash In (Expert Reports) External website
Mobile marketing is coming of age, and the pace of change is now exponen...
Internet Shopping: 6 Quick Wins to Revive Your Online Sales (Expert Reports) External website
With UK consumers spending an average of £1,083 a year online, int...
Conversational Mobile Marketing: Engage Customers and Empower Advocates (Expert Reports) External website
The pressure is on for marketers and mobile operators to embrace a strat...
Tablets: Redefining Consumer Experiences (Webcast) External website
As a nation, the UK is media and technology obsessed with over half of t...
Harness the Power of Your Customer's Digital Voice (Webcast) External website
All customers have the potential to become your brand advocates, driving...
