Condé Nast Pulls Investment From FarFetch [caption id="attachment_161701" align="alignright" width="150"] José Neves[/caption] Condé Nast pulled its nearly $300 million investment in the London-based luxury fashion retail marketplace FarFetch, following concerns about the management of the platform. Founded in 2008 by Portuguese billionaire José Neves, who now serves as the company’s CEO and co-chairperson, FarFetch received an early investment of £234 million ($293 million) from Condé, and in 2017, entered into an affiliate link-based partnership with the publisher in return 6% of its shares. But the publishing house, according to The Times, was disconcerted by the amount FarFetch was spending on its marketing strategy and has since gotten rid of its stake in the company. FarFetch, which makes its money by serving as an intermediary between retailers and consumers, and taking a 25% commission from each sale—similar to Net-a-Porter’s business model—is apparently seeing mounting losses. According to its 2019 Q1 report, the company’s gross merchandise value increased by 44% YOY to $415 million and it saw revenue earnings of $146 million, but its losses after tax rose to $109 million from the $50.7 million loss it saw in the same period last year. Condé chairperson Jonathan Newhouse also stepped down from FarFetch’s board of directors in March. Industry Dive Takes on the Banking Industry On Monday, Industry Dive, the Washington, D.C.-based B2B publisher that covers... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2019-07-09 18:18:07 UTC ]
Today’s edition of Mystery Daily Deals is sponsored by the audiobook edition of The Resting Place. `the audiobook edition of The Resting... Continue reading at Book Riot
[ Book Riot | 2022-04-04 14:37:45 UTC ]
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The eighth cycle of the Publishing Next industry award recognizes Indian publishing houses, professionals, and books. The post Awards: HarperCollins India Wins Top ‘Publishing Next’ 2021 Industry Honor appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-03-29 17:11:25 UTC ]
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Even though we both love middle grade books, it turns out that my nephew is looking for different things from an audiobook than I am. Continue reading at Book Riot
[ Book Riot | 2022-03-29 10:30:00 UTC ]
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Today’s edition of Mystery Daily Deals is sponsored by the audiobook edition of The Darkest Place. `the audiobook edition of The Darkest... Continue reading at Book Riot
[ Book Riot | 2022-03-28 13:53:26 UTC ]
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Get the skinny on the best audiobook subscription services, pricing, as well as some pros and cons of each. Continue reading at Book Riot
[ Book Riot | 2022-03-28 10:38:00 UTC ]
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The best YA ebook deals, sponsored by the audiobook edition of The Lost Dreamer. `the audiobook edition of The Lost... Continue reading at Book Riot
[ Book Riot | 2022-03-26 10:00:00 UTC ]
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A decade ago, health, wellness, and lifestyle publishing veterans Karen Rinaldi and Julie Will set out to disrupt “the old paradigm of diet-and-workout books”—and offered HarperCollins something it was missing in the process. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-03-25 04:00:00 UTC ]
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To see on primetime television the activists who fought for disability rights in the 1990s was a profoundly moving momentBefore we even reach the opening titles of Then Barbara Met Alan – the BBC’s one-off drama depicting the fight for the 1995 Disability Discrimination Act (DDA), which aired on... Continue reading at The Guardian
[ The Guardian | 2022-03-22 06:00:48 UTC ]
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The 27th Audie Awards honored winners in 25 categories in a 70 minute digital awards program with Kal Penn hosting. The post Awards: The ‘Project Hail Mary’ Audiobook Wins the 2022 Audies appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-03-05 15:15:51 UTC ]
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'Project Hail Mary' by Andy Weir and narrated by Ray Porter was named the Audiobook of the Year at the 2022 Audie Awards held March 4. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-03-05 05:00:00 UTC ]
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Over half a decade later, a new Kickstarter campaign has finally eclipsed Pebble's crowdfunding record on the website. Fantasy and sci-fi author Brandon Sanderson set up a campaign to raise $1 million within 30 days to fund four secret books he intends to release every quarter next year. It... Continue reading at Engadget
[ Engadget | 2022-03-04 12:57:00 UTC ]
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Read on for news about HarperCollins Children’s Books' new trade publishing line tied to seven-year-old YouTube phenomenon Diana, a new set of National Hockey League activity books, DK's growing publishing program with the Met, and other recent happenings in licensed publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-03-01 05:00:00 UTC ]
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Duvall Hecht, audiobook pioneer and founder of Books on Tape, died on February 10 at his home in Costa Mesa, Calif. He was 91. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-02-24 05:00:00 UTC ]
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Less than a year after HarperCollins purchased the trade division of Houghton Mifflin Harcourt, a private equity firm has made an agreement to acquire the remainder of the learning technology company. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-02-22 05:00:00 UTC ]
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Listen to an audiobook or bookish podcast while piecing these together to celebrate your book love and block out the stresses of the world.- Danika Ellis Continue reading at Book Riot
[ Book Riot | 2022-02-20 11:35:00 UTC ]
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The founder of Audible Inc., a leading force in the booming audiobook industry, will be honored in May at PEN America’s annual gala Continue reading at ABC News
[ ABC News | 2022-02-18 15:03:22 UTC ]
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A look at six of today's biggest and most interesting YA audiobook performers, with a little about who they are and some of their best work. Continue reading at Book Riot
[ Book Riot | 2022-02-12 11:31:00 UTC ]
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Tom Dupree, who was a senior editor at Bantam for much of the 1990s and later an executive editor at HarperCollins, died of in his New York home on February 7. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-02-11 05:00:00 UTC ]
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Urban Ministries, Inc. and HarperCollins Christian Publishing are extending their publishing and distribution partnership into a subscription-based digital platform, UrbanFaithStudy.com, which features sermons and other content by prominent Black pastors and authors. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-02-01 05:00:00 UTC ]
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HarperCollins has released its first ethnicity pay gap report alongside its annual one for gender pay, announcing it will now use diverse, balanced shortlists for senior roles. Continue reading at The Bookseller
[ The Bookseller | 2022-01-25 13:17:00 UTC ]
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