Market shocked by Jessops losses

摘要

While Jessops remains confident over its future - despite increasing debt burden - the stock market's response has been less than enthusiastic as shares crashed by more than 30% to 1 .8p on Monday. Jessops' latest financial results, for the year ending 30 September 2008, come after weeks of speculation about the retailer's future, with a number of financial analysts listing it as one of the major UK retailers likely to suffer the same fate as Wool worth and Zavvi.