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 ]
Ryan Pazdur, previously associate publisher and executive editor, has been promoted to v-p and publisher of HarperCollins Christian’s Zondervan Reflective imprint as well as the Study Resources publishing program. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-02 04:00:00 UTC ]
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Does listening to an audiobook while working hinder or enhance productivity? Let’s discuss. Continue reading at The Washington Post
[ The Washington Post | 2021-10-30 12:00:00 UTC ]
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HarperCollins UK is buying Pavilion Books, in a deal which will see it acquire the imprints Collins & Brown, Pavilion, Portico, Robson, National Trust and Pavilion Children’s. Continue reading at The Bookseller
[ The Bookseller | 2021-10-30 10:03:47 UTC ]
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Audiobook firm W F Howes has teamed up with publisher Head of Zeus on the audio launch for Lọlá Ákínmádé Åkerström’s debut novel In Every Mirror She’s Black. Continue reading at The Bookseller
[ The Bookseller | 2021-10-29 01:40:29 UTC ]
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HarperCollins Children's Books has signed a new four-book deal with picture book creator Emma Chichester Clark. Continue reading at The Bookseller
[ The Bookseller | 2021-10-26 17:42:17 UTC ]
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HarperCollins imprint Farshore has announced the winners of its annual Reading for Pleasure Teaching Awards. Continue reading at The Bookseller
[ The Bookseller | 2021-10-21 20:31:36 UTC ]
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Parallel to concerns and talks on sustainability during Frankfurter Buchmesse this week, HarperCollins has engaged London's Brite Green. The post HarperCollins Targets 2022 To Be Carbon-Neutral in Operational Emissions appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-10-20 00:28:24 UTC ]
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Amazon’s audiobook service Audible and phone apps for reading the holy books of Islam and Christianity have disappeared from the Apple store in mainland China Continue reading at ABC News
[ ABC News | 2021-10-15 21:01:46 UTC ]
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News and Events World Literature Today, the University of Oklahoma’s award-winning magazine of international literature and culture, will host the 2021 Neustadt Lit Festival on Zoom from Oct. 25–27. The festival features numerous panels exploring the... Continue reading at World Literature Today
[ World Literature Today | 2021-10-11 18:55:28 UTC ]
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Farshore has adopted a "total audio" strategy which will see the imprint publish an audiobook for every narrative book published in print. Continue reading at The Bookseller
[ The Bookseller | 2021-10-05 22:40:19 UTC ]
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HarperCollins Children’s Books has scooped a "stunning" new magical-historical middle-grade series by debut writer Natasha Hastings. Continue reading at The Bookseller
[ The Bookseller | 2021-10-05 17:08:13 UTC ]
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Love listening to audiobooks at 1.25 or 1.5 or even 2 times the speed? Here's your challenge to slow down and listen with intention. Continue reading at Book Riot
[ Book Riot | 2021-10-04 10:39:00 UTC ]
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Bafta-winning actor Toby Jones will read the audiobook of John le Carré’s final novel, Silverview, which publishes on 14th October 2021. Continue reading at The Bookseller
[ The Bookseller | 2021-09-28 22:01:16 UTC ]
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The technology of Speechki, an exhibitor at Frankfurter Buchmesse, offers faster, less expensive paths to audiobook production. (Sponsored) The post Speechki: Synthetic Voicing to Augment the Industry’s Audiobook Inventory appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-09-21 19:39:32 UTC ]
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As indicated in a leak earlier this week, Amazon is updating the Kindle Paperwhite. The fifth-gen Paperwhite (which marks the first refresh in nearly three years) has a larger, 6.8-inch display, compared with the previous model's six-inch screen. The company says the 300 ppi screen is glare-free... Continue reading at Engadget
[ Engadget | 2021-09-21 13:00:32 UTC ]
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Piers Morgan will be presenting a nightly talkshow in this new venture aimed at outflanking the ailing GB NewsThe human Marmite of British journalism, Piers Morgan, is about to be spread very thinly. He has signed a global commentary deal with Rupert Murdoch’s News Corp. A nightly talkshow will... Continue reading at The Guardian
[ The Guardian | 2021-09-19 17:07:41 UTC ]
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During the Roaring '20s just about everybody was convinced that dirigibles were not just the future of luxury travel but that these lumbering airships could also serve as platforms for scientific exploration and adventure. Why slog through malaria-infested jungles, parched deserts and frozen... Continue reading at Engadget
[ Engadget | 2021-09-18 15:30:21 UTC ]
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Storytel reports seeing a rise in audiobook downloads in Russia by 45 percent in the last year. LitRes leads market. The post Audiobooks in Russia: Storytel and LitRes Cite Rising Interest appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-09-14 11:42:09 UTC ]
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As part of the integration of the former HMH trade divisions, the new organization will place the bulk of the adult properties in the William Morrow group under Liate Stehlik, while the two children’s imprints, as well as HarperCollins Productions, will become part of HarperCollins Children’s... Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-09-14 04:00:00 UTC ]
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With its first two titles issued last week and a further four to come in 2021, Conor Nagle explains how HarperCollins Ireland is harnessing the power of a big list alongside some indie sensibilities. Continue reading at The Bookseller
[ The Bookseller | 2021-09-10 00:00:19 UTC ]
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