Jessops to call in administrators; "has not made a single profit" since 2013 collapse

Jessops to call in administrators; "has not made a single profit" since 2013 collapse
(Image credit: James Artaius / Digital Camera World)

UPDATE 18 October: The original report by the BBC noted that Jessops turned over £7.5 million in the year following the Peter Jones acquisition. The outlet has since modified its story with a figure of £57.9 million – the story below has been updated to reflect this.

ORIGINAL STORY: British high street retail chain Jessops looks like it's about to go into administration for the second time in six years. 

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James Artaius

The editor of Digital Camera World, James has 21 years experience as a journalist and started working in the photographic industry in 2014 (as an assistant to Damian McGillicuddy, who succeeded David Bailey as Principal Photographer for Olympus). In this time he shot for clients like Aston Martin Racing, Elinchrom and L'Oréal, in addition to shooting campaigns and product testing for Olympus, and providing training for professionals. This has led him to being a go-to expert for camera and lens reviews, photo and lighting tutorials, as well as industry news, rumors and analysis for publications like Digital Camera MagazinePhotoPlus: The Canon MagazineN-Photo: The Nikon MagazineDigital Photographer and Professional Imagemaker, as well as hosting workshops and talks at The Photography Show. He also serves as a judge for the Red Bull Illume Photo Contest. An Olympus and Canon shooter, he has a wealth of knowledge on cameras of all makes – and a fondness for vintage lenses and instant cameras.