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 ]
Printed book sales plunge in first six months of 2020 on back of shop and school closuresSee all our coronavirus coverageSales of digital books by British publishers are set to hit an all-time high this year as the public turns to reading to escape pandemic cabin fever.However, the ebook and... Continue reading at The Guardian
[ The Guardian | 2020-11-14 07:00:02 UTC ]
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What is Chirp? How does it differ from other services like Audible? And, is it worth getting? Learn more in our Chirp audiobooks review! Continue reading at Book Riot
[ Book Riot | 2020-11-13 11:34:00 UTC ]
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HarperCollins has signed a multi-book deal with author Alex Brown which will see her published across its HarperFiction and One More Chapter imprints. Continue reading at The Bookseller
[ The Bookseller | 2020-11-13 04:02:24 UTC ]
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HarperCollins has pre-empted an "irresistible" trilogy based on the hit feminist erotic podcast "Dirty Diana", which stars Demi Moore. Continue reading at The Bookseller
[ The Bookseller | 2020-11-10 03:03:15 UTC ]
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Blue Ivy Carter, the 8-year-old daughter of Beyoncé and Jay-Z, narrates the audiobook adaptation of Matthew A. Cherry's Oscar-winning "Hair Love." Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-11-09 19:42:28 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. Vivienne Leheny’s narration captures each character’s outward persona and true self in... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-09 18:14:36 UTC ]
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Do you feel old yet? If the answer is yes, then join the club! Today, director and author Matthew A. Cherry announced via Twitter that Blue Ivy Carter (that’s right: Beyoncé and Jay Z’s eight-year-old daughter) is the narrator of the audiobook adaptation of his 2019 animated short film Hair... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-09 18:06:17 UTC ]
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HarperCollins saw global sales increase 13% year on year in the latest quarter, with EBITDA rocketing 45%, partly thanks to a surge in digital spending. Continue reading at The Bookseller
[ The Bookseller | 2020-11-08 20:58:09 UTC ]
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HarperCollins Children’s Books has signed Noa and the Little Elephant: A Tale of Friendship and Survival, a “poignant” picture book from author and illustrator Michael Foreman, in partnership with the wildlife conservation charity, Tusk. Continue reading at The Bookseller
[ The Bookseller | 2020-11-08 16:02:51 UTC ]
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HarperCollins has snapped-up The Hen Weekend, a “killer” new thriller by Lucy Clarke, in a two-book deal. Continue reading at The Bookseller
[ The Bookseller | 2020-11-05 06:45:52 UTC ]
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Miriam Margoyles is to narrate the audiobook of Catherine Bruton's latest middle-grade novel, Another Twist in the Tale. Continue reading at The Bookseller
[ The Bookseller | 2020-11-03 15:31:19 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. AudioFile’s Alan Minskoff and host Jo Reed discuss The Fragile Earth, an eye-opening... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-02 16:59:56 UTC ]
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HarperCollins has bought a “heart-stopping” historical novel from New York Times bestseller Kate Quinn, following three female code-breakers at Bletchley Park. Continue reading at The Bookseller
[ The Bookseller | 2020-11-02 05:32:36 UTC ]
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Michael Specter’s audiobook brings the immediacy of voices to the scientist’s story. Continue reading at The Washington Post
[ The Washington Post | 2020-10-30 12:00:00 UTC ]
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Yes, it’s Kristin Scott Thomas, our most recent Mrs. Danvers and our forever Fiona. Can’t you just imagine her as the narrator of Cusk’s cool-toned autofictions? The best part is, she got the gig because she’s a fan. “Faber heard that I was a Rachel Cusk fan so I was thrilled when they asked me... Continue reading at Literrary Hub
[ Literrary Hub | 2020-10-29 15:18:37 UTC ]
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HarperCollins is collaborating with graphic design company Design and Art Direction (D&AD) to find an emerging designer who will create a new brand identity for C S Lewis' The Chronicles of Narnia series. Continue reading at The Bookseller
[ The Bookseller | 2020-10-29 10:43:11 UTC ]
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HarperCollins recently reissued Writing Past Dark, by Bonnie Friedman, the classic, bestselling guide to the emotional side of the writer’s life, marking the book’s 25th anniversary. Three decades ago, when Friedman was fresh out of the Iowa Writers Workshop, the New York Times Book Review... Continue reading at Literrary Hub
[ Literrary Hub | 2020-10-29 08:48:36 UTC ]
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HarperCollins Christian Publishing announced the hiring of Nekasha Pratt as senior director of marketing at Thomas Nelson and Zondervan Fiction. Additionally, the publisher announced the promotions of four existing staff members to director roles, including Brad Hill, Mark Glesne, Stephanie... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-10-29 04:00:00 UTC ]
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HarperCollins has pre-empted UK and Commonwealth rights for Side Hustle in Progress: A Practical Guide to Kickstarting Your Business from career and entrepreneurship company founder Elizabeth Ogabi. Continue reading at The Bookseller
[ The Bookseller | 2020-10-28 19:17:12 UTC ]
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Kishani Widyaratna, currently commissioning editor at Picador, is joining HarperCollins as editorial director for Fourth Estate. Continue reading at The Bookseller
[ The Bookseller | 2020-10-27 20:51:30 UTC ]
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