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 ]
BAFTA-nominated actor Steven Mackintosh is to narrate the audiobook of Louise Candlish's 2020 thriller The Other Passenger (Simon & Schuster). Continue reading at The Bookseller
[ The Bookseller | 2020-07-12 17:42:43 UTC ]
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Penguin Random House Audio is releasing Edinburgh Unlocked, a comedy festival in audiobook format featuring names such as Ivo Graham, Jessie Cave, Sofie Hagen and Dane Baptiste. Continue reading at The Bookseller
[ The Bookseller | 2020-07-12 14:00:06 UTC ]
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HarperCollins takes three from an Irish-Australian bestseller; Harper buys a manifesto from Charles M. Blow; and with the U.S. copyright for 'The Great Gatsby' expiring in December, Little, Brown plans a prequel for January. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-10 04:00:00 UTC ]
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If thrillers with complicated relationships are your cup of murder-y tea, here are some audiobook thrillers to keep you in suspense. Continue reading at Book Riot
[ Book Riot | 2020-07-07 10:32:59 UTC ]
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Armchair detectives, get ready for a voyage around the world. You don't need to pack a bag--just pick up these audiobook mysteries and get sleuthing. Continue reading at Book Riot
[ Book Riot | 2020-07-07 10:31:58 UTC ]
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HarperCollins has defended David Walliams after food writer Jack Monroe claimed his children's books were “sneering classist fatshaming grim nonsense”. Continue reading at The Bookseller
[ The Bookseller | 2020-07-07 10:29:08 UTC ]
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HarperCollins has landed the life story of Siya Kolisi, Springboks captain and star of South Africa’s 2019 World Cup-winning rugby team. Continue reading at The Bookseller
[ The Bookseller | 2020-07-07 05:01:43 UTC ]
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HarperCollins Children’s Books will publish Sophie Cleverly's second middle-grade series, The Violet Veil Mysteries, illustrated by Hannah Peck. Continue reading at The Bookseller
[ The Bookseller | 2020-07-06 15:45:28 UTC ]
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HarperCollins says it will no longer publish books by historian David Starkey and is reviewing his backlist, describing his recent comments on slavery as “abhorrent”. Vintage and Hodder & Stoughton have also said they will not publish further books from him. Continue reading at The Bookseller
[ The Bookseller | 2020-07-03 13:56:37 UTC ]
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HarperCollins will no longer publish books by the historian and is reviewing his backlist after he said ‘slavery was not genocide’HarperCollins has dropped David Starkey as an author, saying that the racist views the bestselling historian expressed in a recent interview were “abhorrent”.On... Continue reading at The Guardian
[ The Guardian | 2020-07-03 11:40:12 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. On today’s episode, host Jo Reed and AudioFile’s Michele Cobb revisit the Hunger Games, this... Continue reading at Literrary Hub
[ Literrary Hub | 2020-07-03 08:06:39 UTC ]
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HarperCollins is releasing an unabridged audiobook of J R R Tolkien's The Hobbit, read by Andy Serkis who starred as Gollum in the blockbuster movies. Continue reading at The Bookseller
[ The Bookseller | 2020-07-01 17:52:05 UTC ]
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“Maybe the WPA let new passions into the public space.” David A. Taylor on how the government supported the arts during the (first) Great Depression. | Lit Hub History Missing the drama of sports? James Tate Hill has some audiobook recommendations to fill the competitive void. | Lit Hub... Continue reading at Literrary Hub
[ Literrary Hub | 2020-06-29 10:30:26 UTC ]
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“Fleabag” star Sian Clifford is narrating the audiobook of Olive, the debut novel by author and broadcaster Emma Gannon. Continue reading at The Bookseller
[ The Bookseller | 2020-06-29 08:42:04 UTC ]
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A “marginalized people’s history of labor in the U.S.” goes to One Signal for six figures, HarperCollins takes on a book about Prince Harry and Prince William, Willie Nelson and his sister sell a memoir to Random House, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-06-26 04:00:00 UTC ]
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HarperCollins has triumphed in a heated six-publisher auction for the debut novel by Nita Prose, the pen name for vice president and editorial director at Simon & Schuster in Canada, Nita Pronovost. Continue reading at The Bookseller
[ The Bookseller | 2020-06-25 11:27:10 UTC ]
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Hardboiled mysteries, obscure farming communities, and tales of home and family provide ample entertainment in June’s audiobook roundup. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2020-06-23 23:13:15 UTC ]
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Hardboiled mysteries, obscure farming communities, and tales of home and family provide ample entertainment in June’s audiobook roundup. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2020-06-23 23:13:15 UTC ]
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Hardboiled mysteries, obscure farming communities, and tales of home and family provide ample entertainment in June’s audiobook roundup. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2020-06-23 23:13:15 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. On today’s episode, host Jo Reed and AudioFile’s Robin Whitten discuss Barbara’s narration of... Continue reading at Literrary Hub
[ Literrary Hub | 2020-06-23 08:20:12 UTC ]
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