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 ]
Adjoa Andoh, who plays Lady Danbury in the hit Netflix series "Bridgerton", is reading the audiobook for An Ordinary Wonder by Buki Papillon, out with Dialogue Books in March. Continue reading at The Bookseller
[ The Bookseller | 2021-02-08 01:26:23 UTC ]
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Bernard Cornwell is bringing back his famous Richard Sharpe character after 15 years' absence, for a new adventure with HarperCollins this autumn. Continue reading at The Bookseller
[ The Bookseller | 2021-02-03 20:30:31 UTC ]
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Mary-Kay Wilmers is stepping down as editor of the London Review of Books after nearly three decades in the post. Continue reading at The Bookseller
[ The Bookseller | 2021-01-29 16:45:23 UTC ]
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Influential editor and co-founder of the literary magazine to be succeeded by senior staffMary-Kay Wilmers is stepping down from her role as editor of the London Review of Books, a position she has held for almost 30 years.Wilmers was one of the founders of the literary magazine in 1979, along... Continue reading at The Guardian
[ The Guardian | 2021-01-29 15:28:52 UTC ]
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“Much of what has been created to give purpose to lonely, empty hours will not be seen by future generations—the muffins eaten, the gardens remodeled or abandoned. Words on the page, though, have longevity.” Anne Youngson considers pandemic hobbies and writing fiction. | Lit Hub What it’s like... Continue reading at Literrary Hub
[ Literrary Hub | 2021-01-29 11:30:33 UTC ]
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HarperCollins Ireland has appointed Catherine Gough from Gill Books as commissioning editor, while in the UK there is a promotion for Avon and HarperFiction marketing director Hannah O'Brien. Continue reading at The Bookseller
[ The Bookseller | 2021-01-28 15:53:18 UTC ]
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As a verb, one definition of essay is to try. As horrible as 2020 was, let’s pretend it means to try again. Audiobooks of self-contained pieces between twenty and sixty minutes seem perfectly suited for walks, commutes, and household chores. Essays might also be perfect for attention spans... Continue reading at Literrary Hub
[ Literrary Hub | 2021-01-28 09:48:07 UTC ]
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HarperCollins has landed The Queer Bible, a “definitive” essay collection edited by Jack Guinness and featuring contributions from Elton John, Graham Norton, Munroe Bergdorf and Courtney Act among others. Continue reading at The Bookseller
[ The Bookseller | 2021-01-26 12:47:05 UTC ]
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HarperCollins has acquired Fit For Purpose by NHS general practitioner Dr Richard Pile. Continue reading at The Bookseller
[ The Bookseller | 2021-01-25 16:59:43 UTC ]
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Louise Allen-Jones Associates (LAJA) has been engaged as UK scout by HarperCollins Holland and is expanding its team with a new appointment. Continue reading at The Bookseller
[ The Bookseller | 2021-01-24 17:08:24 UTC ]
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Brayden Harrington, 13, who spoke at the Democratic National Convention, will write a picture book, “Brayden Speaks Up,” HarperCollins announced. Continue reading at The New York Times
[ The New York Times | 2021-01-21 11:55:52 UTC ]
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Whether you're practicing a language, or want to read a book in its original language, try these audiobook apps for language learning. Continue reading at Book Riot
[ Book Riot | 2021-01-20 11:39:00 UTC ]
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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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