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 ]
These beautifully narrated audiobook short story collections tell precise, polished tales about Black women, the fantastical, and more. Continue reading at Book Riot
[ Book Riot | 2021-01-19 11:30:00 UTC ]
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Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. Miebaka Yohannes narrates The Black Friend with a conversational tone that mirrors Frederick... Continue reading at Literrary Hub
[ Literrary Hub | 2021-01-19 09:47:00 UTC ]
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North London-based charity Calibre Audio's Emma Scott talks to us about how it has navigated the boom in the audio sector to continue fulfilling it mission to provide free audiobooks to those with a print disability. Continue reading at The Bookseller
[ The Bookseller | 2021-01-18 13:02:19 UTC ]
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Emilia Fox is to read the audiobook of Sorrow and Bliss by Meg Mason, publishing with Weidenfeld & Nicolson in February. Continue reading at The Bookseller
[ The Bookseller | 2021-01-14 18:36:31 UTC ]
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HarperCollins imprint Mudlark has swooped for “classic in the making” Notes from a Summer Cottage by award-winning Swedish poet and essayist Nina Burton. Continue reading at The Bookseller
[ The Bookseller | 2021-01-13 20:57:26 UTC ]
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HarperCollins UK has appointed Maheen Choonara to the newly created role of diversity, inclusion and belonging manager. Continue reading at The Bookseller
[ The Bookseller | 2021-01-10 13:02:45 UTC ]
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Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. The product of a self-imposed desert exile with his exhaustive collection of personal... Continue reading at Literrary Hub
[ Literrary Hub | 2021-01-08 09:46:50 UTC ]
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Egmont UK's 2019 revenue decreased 8.9% to £37.9m but the publisher had a £369,000 pre-tax profit in the financial year before the book business was bought by HarperCollins, new figures uploaded to Companies House show. Continue reading at The Bookseller
[ The Bookseller | 2021-01-08 08:40:13 UTC ]
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Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. What would happen if Jesus’s second coming occurred in America, and he believed the best way... Continue reading at Literrary Hub
[ Literrary Hub | 2021-01-01 09:00:28 UTC ]
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Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. Author and narrator Becky Cooper’s true-crime audiobook, We Keep the Dead Close, chronicles... Continue reading at Literrary Hub
[ Literrary Hub | 2020-12-30 09:46:52 UTC ]
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Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. Narrator Amir Abdullah depicts Chicago’s wealthy enclaves, struggling neighborhoods, and... Continue reading at Literrary Hub
[ Literrary Hub | 2020-12-30 09:44:33 UTC ]
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Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. Actress and comedian Rachel Bloom narrates her own memoir, I Want to Be Where the Normal... Continue reading at Literrary Hub
[ Literrary Hub | 2020-12-29 09:46:38 UTC ]
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Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. Narrator Edoardo Ballerini anchors a full-cast performance of The Cold Millions, a story that... Continue reading at Literrary Hub
[ Literrary Hub | 2020-12-28 09:00:55 UTC ]
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HarperCollins Children’s Books has signed two novels by middle-grade author Nicola Skinner. Continue reading at The Bookseller
[ The Bookseller | 2020-12-23 00:52:01 UTC ]
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Actor Johnny Flynn will narrate the audiobook of The Octopus Man by Jasper Gibson. Continue reading at The Bookseller
[ The Bookseller | 2020-12-17 17:21:47 UTC ]
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George Saunders’ new book, A Swim in a Pond in the Rain: In Which Four Russians Give a Master Class on Writing, Reading, and Life, is out next month and promises to be a literary master class on the short story. Drawing from his teaching career at Syracuse’s MFA program, Saunders walks readers... Continue reading at Literrary Hub
[ Literrary Hub | 2020-12-17 17:00:15 UTC ]
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Lauren Child is bringing back Clarice Bean in a “spectacularly cinematic Christmas classic” for HarperCollins Children's Books. Continue reading at The Bookseller
[ The Bookseller | 2020-12-17 02:21:05 UTC ]
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HarperCollins Christian Publishing and HarperCollins Focus appointed Kate Johnson to lead the expansion of its direct-to-consumer business as senior v-p of direct. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-12-16 05:00:00 UTC ]
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William Collins has snapped up a “radical” new assessment of Indian independence from debut author Sam Dalrymple in a pre-emptive co-publication deal with HarperCollins India. Continue reading at The Bookseller
[ The Bookseller | 2020-12-06 19:12:38 UTC ]
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The Calibre Audio charity for readers who have print disabilities is hoping to add 48 new audiobooks to its library this holiday season. The post Calibre Audiobook Charity Joins the UK’s Big Give Holiday Challenge appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-12-02 20:32:53 UTC ]
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