MERSEYSIDE, England — Johnson Service Group, the parent company of the large Johnson Cleaners and Jeeves of Belgravia chains, blamed its 2007 losses on Britain’s ban on smoking in public places.
The company reported pretax losses of £13.8m for the first half of the year ending June 30, 2007. Since June, share of the publicly traded company have lost 86% of their value to less than 30p per share. The company also pointed to a decline in consumer spending on better garments.
