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 ]
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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Sally Phillips has recorded the audiobook edition of Alexandra Potter’s new novel Confessions of a Forty-Something F**k Up. Continue reading at The Bookseller
[ The Bookseller | 2020-10-26 06:15:07 UTC ]
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HarperCollins has picked up two books from “utterly hilarious” self-published star Tracy Bloom. Continue reading at The Bookseller
[ The Bookseller | 2020-10-26 04:59:19 UTC ]
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Samantha Bond will narrate the audiobook of S J Bennett’s novel, The Windsor Knot. Continue reading at The Bookseller
[ The Bookseller | 2020-10-21 13:14:02 UTC ]
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News and Events Photo by Christopher T. Assaf World Literature Today, the University of Oklahoma’s award-winning magazine of international literature and culture, today announced Cynthia Leitich Smith as the winner of the 2021 NSK Neustadt Prize... Continue reading at World Literature Today
[ World Literature Today | 2020-10-20 23:56:14 UTC ]
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Nigerian-American writer, producer, and actress Yetide Badaki, well known for acting in the TV series This Is Us and American Gods, comes from a family of storytellers. She recalls sitting by the fire as a youth and listening to her elders. “Storytelling is such a part of just being,” she says.... Continue reading at Literrary Hub
[ Literrary Hub | 2020-10-20 08:48:10 UTC ]
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HarperCollins affiliate publisher Rose Sandy reveals the details of its new Author Academy, which will give 90 emerging talents guidance as to how the book industry functions. Continue reading at The Bookseller
[ The Bookseller | 2020-10-15 22:41:09 UTC ]
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Julie Walters will be featuring as part of an all-star cast for the audiobook of Jasper Rees' authorised biography of Victoria Wood, Let's Do It. Continue reading at The Bookseller
[ The Bookseller | 2020-10-13 08:49:54 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. Marin Ireland narrates Rumaan Alam’s stunning audiobook Leave the World Behind, which... Continue reading at Literrary Hub
[ Literrary Hub | 2020-10-12 08:00:42 UTC ]
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