Jessops, the largest photographic retailer in the UK, has announced it will be looking towards the new year cautiously after a poor Christmas period.
Although the company had taken, "a cautious view of Christmas trading in the light of continued market softness and the very strong Christmas we enjoyed in the previous year", like for like sales were down almost seven per cent on last year's festive results.
The camera giants also blamed getting supplies as part of the poor Christmas result, saying: "While demand for digital SLR cameras remained strong over Christmas, disappointingly we were unable to satisfy all of this demand due to major worldwide supply shortage."
However, the Christmas trading statement from Jessops states that the company makes the majority of it's profits in the summer months.
As a result of the distribution difficulties and the, "continuing softness of the digital compact camera market", Jessops has announced they will be taking a "more cautious view of the year as a whole." 2007 is expected by the board to yield similar results to the previous year.
The company has over 315 stores nationwide, sells over 16,000 photographic, digital and video items and an annual group turnover of £350 million.
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