    jessops europe limited is a british photographic retailing company. it was founded in leicester in 1935 by frank jessop and traded under the name of the jessop group limited. the business entered administration on 9 january 2013 and all jessops retail stores ceased trading on 11 january 2013 until the british entrepreneur peter jones invested several million pounds into the company and formed jessops europe limited. the first six stores reopened on 28 march 2013, and jones aimed to open a new store every day on average during april 2013. the relaunch of the oxford street store in london received considerable media interest and was attended by celebrities including the actor james corden. ==history==  frank jessop founded "jessop of leicester" in 1935 as a specialist photographic retailer. the company expanded to major towns and cities. alan jessop, frank's son, sold the firm in 1996 in a management buy-out. the 200th store opened in july 2001. abn amro paid Â£116m for the company in 2002, and then floated it on the london stock exchange in october 2004. === financial problems === in 2007 the company suffered financial difficulties requiring a strategic review, and eventually leading to a re-financing with its bankers, hsbc, in september 2009. this led to the group's trade being transferred to a new holding company, snap equity limited, whilst jessops plc was placed in liquidation and the group's final salary pension scheme transferred to the pension protection fund. snap
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