Olan Mills UK Takes Its Final Photograph
December 30, 2008 on 9:33 am | In Finance | Comments OffAnother retailer bites the dust. Olan Mills, headquartered in Irthlingborough, Northamptonshire, UK, has ceased operations and asked to have an administrator appointed (similar to bankruptcy in the U.S).
Olan Mills is a proffessional photography studio where families have been going for over 25 years to have family portraits made. All photography sessions had to be paid in advance and the company continued doing business up until Boxing Day. All of those individuals who received pre-paid portrait gift certificates may be holding worthless paper. They must now apply for a refund directly from the administrator and are not guarenteed to receive anything.
At this point in time, the downfall of Olan Mills in the UK has not affected Olan Mill U.S.A. These two companies, while sharing the same name, have been operated as two completely separate companies.
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