Britain's biggest studio photography business (Olan Mills) collapes

[Webmaster]

This report in The Times (30th December):

"Britain's biggest studio photography business has collapsed, raising
fears that thousands of families will not receive pre-paid Christmas
presents. Olan Mills Photography, which encouraged customers to pay in
advance, was accused of pocketing funds from Christmas sales without
providing goods in return. The company, which had 34 stores in England
and Wales, ceased trading on Boxing Day. The failure of Olan Mills,
which specialised in baby and family portraits and operated out of
Mothercare stores in more than half its locations, resulted in
hundreds of job losses.... "

More:
http://business.timesonline.co.uk/tol/business/industry_sectors/retailing/article5416073.ece

Report at BBC:
http://news.bbc.co.uk/1/hi/business/7804393.stm