Pixel 20th May 2013

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ISSUE NO. 895

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News New Finance for Jessops V12 Retail Finance is to provide in store and online point of sale finance to support the re-launch of Jessops under Peter Jones’ ownership. Nick Davies, Chief Executive Officer of V12 Retail Finance, said: “We are delighted to support plans to rebuild the Jessops business. Our finance options will assist Jessops to achieve their sales volume targets. As part of a wider banking group we have very considerable funding available to support the growth aspirations of Jessops and other retailers. “We wish Peter and his team the very best of luck.”

You’re Sticking Around! Great news for the UK’s high street retail! The latest statistics on administration appointments, issued by the Insolvency Service, reveal that in the first quarter of 2013 appointments are down 28% on the previous year. Retail administration appointments are hugely down - by 47%. Richard Fleming, UK Head of Restructuring at KPMG, commented: “While there were a handful of high profile retail administration appointments in the traditional annual crunch point of January this year, the volumes tell a different story. “Some retailers are undoubtedly benefitting from the demise of those who have fallen in the last two years. These numbers suggest that we have reached the bottom of the market, setting the agenda for a gradual return to growth.”

www.pixel.co.uk

20th May 2013

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New London facility to impart the knowledge of expert photographers to Nikon devotees and enthusiasts. Nikon’s new Centre of Excellence, London, is now officially open! The combined school and showroom will offer a range of photography courses and workshops from beginners to advanced. Mr Tanaka, Nikon UK President; John Walshe, Nikon UK General Manager and Arthur Edwards, Royal Photographer at the Sun, opened the centre to a crowd of retailers, photographers and journalists - including Pixel - at the launch party that took place on 30th April. Nikon also used the opportunity to introduce five Nikon Ambassadors, all professional photographers at the top of their game who will work with Nikon to inspire photographers and help them achieve stunning images. The Pixel team were very impressed by the centre and what it offers in terms of inspiration

and an enriched experience for Nikon users. Pixel speaks in depth with Nikon’s UK President, Mr Tanaka, about what this means for the brand’s UK customers in our Big Interview on page 14.

When the Going Gets Tough The tough get muddy! Olympus complete gruelling challenge for charity. A team from Olympus UK recently undertook a Tough Mudder challenge and raised around £5000 for Cancer research. Tough Mudder events are hardcore 12 mile-long obstacle courses designed by the Special Forces to test the all around strength, stamina, mental grit, and camaraderie. Participants from Olympus were a mixture of consumer, medical, industrial and administration staff. Head of Consumer Business Pete Dudderidge said: “From the Consumer arm of Olympus, there was Dave Ivins and myself. It was a very tough 12 mile ordeal including a 10,000 volt

electrocution and physically gruelling tasks such as swimming through dumpers full of ice! “We are very battered and bruised but all for a great cause.We survived and so did our Tough cameras!” Don’t forget, Pixel’s own Simon Skinner is soon to take part in a London to Paris cycling challenge, and is looking for sponsorship which will be donated to children’s aid charity Action Medical Research. If you or your team are doing something heroic (or stupid!) for charity, drop an email to laura@ lifemediagroup.co.uk and you might join the trade’s other brave souls in the pages of Pixel.

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