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 ]
As a result of the coronavirus crisis, sales at digital audiobook store Libro.fm and online bookstore Bookshop.org have soared. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-16 04:00:00 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. AudioFile’s Josephine Reed spoke with author and National Ambassador for Young People’s... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-10 08:48:25 UTC ]
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Workman has formed the Workman Audio imprint and named former HarperCollins Audio v-p and publisher Ana Maria Allessi head of the new unit. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-09 04:00:00 UTC ]
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Actress Stephanie Ellyne narrates the audiobook version of Lucy Ellmann's Ducks, Newburyport, which spans 45 hours and 34 minutes. The post Lucy Ellmann’s 45-Hour Audiobook appeared first on The Millions. Continue reading at The Millions
[ The Millions | 2020-03-04 21:30:45 UTC ]
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HarperCollins UK and Simon & Schuster have joined the rest of the Big Five publishers in announcing they are not attending the London Book Fair following the coronavirus outbreak. Continue reading at The Bookseller
[ The Bookseller | 2020-03-03 22:29:32 UTC ]
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The journalist Garrett Graff's 'The Only Plane in the Sky'–on the attacks of 9/11–wins the Audiobook of the Year Audie for Simon & Schuster Audio. The post Audio Publishers Association Names 25th Anniversary Audie Awards appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-03-03 11:30:57 UTC ]
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HarperCollins Children’s Books has landed two young fiction titles from Philippa Gregory, build on the fairytale world of The Princess Rules. Continue reading at The Bookseller
[ The Bookseller | 2020-03-03 09:19:23 UTC ]
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At the Audio Publishers Association's annual Audie Awards, which marked a quarter century this year, 'The Only Plane in the Sky' took home the top award and Stephen King received a lifetime achievement as host Mo Rocca and others saluted the progress of the audiobook form over the past 25 years. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-03 05:00:00 UTC ]
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Developing story: The States' Macmillan and HarperCollins pull out of London Book Fair over the weekend, along with the Hachette US rights team. The post Coronavirus: LBF Says It’s a Go for Now; US Macmillan, Hachette Sales and HarperCollins Exit appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-03-02 12:52:26 UTC ]
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Author Milly Johnson collected the Romantic Novelists' Association (RNA) 2020 Outstanding Achievement Award tonight as HarperCollins triumphed to win three awards. Continue reading at The Bookseller
[ The Bookseller | 2020-03-02 12:00:27 UTC ]
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Amazon has pulled out of the London Book Fair, as the US businesses of HarperCollins and Hachette have joined Simon & Schuster, Macmillan and Penguin Random House in withdrawing a number of their rights staff from the London Book Fair amid the coronavirus outbreak, adding pressure on the... Continue reading at The Bookseller
[ The Bookseller | 2020-03-01 20:42:21 UTC ]
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HarperCollins Children’s Books has landed three more titles in Pages & Co, the middle-grade "bookwandering" series from Anna James. Continue reading at The Bookseller
[ The Bookseller | 2020-03-01 17:34:17 UTC ]
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Size matters. At least when it comes to your inactive email list. That’s a message Google and other email providers have made loud in clear to publishers with bloated email lists. Email deliverability is an ongoing concern in publishing as spam filters become more selective, which in turn are... Continue reading at Folio Magazine
[ Folio Magazine | 2020-02-27 16:59:28 UTC ]
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Beloved stars of the Harry Potter and Fantastic Beasts films will voice the first ever audiobook edition of J.K. Rowling's THE TALES OF BEEDLE THE BARD, with proceeds to benefit the Lumos foundation. Continue reading at Book Riot
[ Book Riot | 2020-02-27 16:09:37 UTC ]
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HarperCollins has snapped up Lauren Ho’s "hilarious, heartfelt and relatable" debut novel, Last Tang Standing. Continue reading at The Bookseller
[ The Bookseller | 2020-02-27 06:34:51 UTC ]
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J K Rowling’s The Tales of Beedle the Bard is being released as an audiobook read by Harry Potter stars. Continue reading at The Bookseller
[ The Bookseller | 2020-02-26 23:45:48 UTC ]
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HarperCollins is publishing two books by HarperCollins editor and author Phoebe Morgan. Continue reading at The Bookseller
[ The Bookseller | 2020-02-26 18:39:35 UTC ]
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A roundup of audiobook short story collections, with a single narrator or a full cast, that give listeners an incredible audiobook experience. Continue reading at Book Riot
[ Book Riot | 2020-02-25 11:31:17 UTC ]
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HarperCollins has bought a “joyous” book by Chessie King that aims to spread body confidence for women of all ages. Continue reading at The Bookseller
[ The Bookseller | 2020-02-24 08:50:13 UTC ]
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HarperCollins Children’s Books is celebrating 30 years of the Dr Seuss classic Oh, the Places You’ll Go! with a deluxe version. Continue reading at The Bookseller
[ The Bookseller | 2020-02-24 01:20:02 UTC ]
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