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 has won a multi-publisher auction for The Reading List by debut author and Harvill Secker commissioning editor Sara Nisha Adams in a two-book deal. Continue reading at The Bookseller
[ The Bookseller | 2019-11-10 16:51:18 UTC ]
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Profits dropped 28% at HarperCollins in the first quarter of fiscal 2020 compared to the first period of fiscal 2019, while revenue declined 3%. Parent company New Corp expects HC's financial performance to improve starting in January, the second half of the fiscal year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-08 05:00:00 UTC ]
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HarperCollins has snapped up The Kingfisher Patrol, a new novel from Hazel Gaynor set in Japanese-occupied China during the Second World War. Continue reading at The Bookseller
[ The Bookseller | 2019-11-06 00:37:34 UTC ]
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Philip Nation will join HarperCollins Christian Publishing as v-p and publisher of Thomas Nelson Bibles on December 2. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-05 05:00:00 UTC ]
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From the hugely popular to the lesser known, these are the best Audible books of 2019 that will make perfect audiobook gifts for anyone on your list. Continue reading at Book Riot
[ Book Riot | 2019-11-04 11:37:38 UTC ]
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HarperCollins has bagged Lucien Young's homage to "WAGatha Christie" Coleen Rooney’s sleuthing skills and the moment she sent the internet into meltdown. Continue reading at The Bookseller
[ The Bookseller | 2019-11-04 03:15:10 UTC ]
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HarperCollins is doubling up on promotion for Lucy Foley’s latest novel with an extensive month-long marketing campaign. Continue reading at The Bookseller
[ The Bookseller | 2019-11-01 10:13:03 UTC ]
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Group publisher of HarperCollins Christian Publishing David Moberg reflected on the birth of faith-based publishing, the ways it’s changed and stayed the same, and what to expect in the future during PWedu’s Christian Publishing Summit on Wednesday. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-01 04:00:00 UTC ]
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HarperCollins and newspaper The Sun have partnered up to hand out two million free books to school children across England, Wales and Northern Ireland. Continue reading at The Bookseller
[ The Bookseller | 2019-10-31 18:36:19 UTC ]
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HarperCollins executive publisher Kate Elton, Wonderbly founder Asi Sharabi, Lonely Planet editorial director Tom Hall, and Amanda Ridout, founder of Boldwood, will discuss the global book economy at FutureBook Live 2019. Continue reading at The Bookseller
[ The Bookseller | 2019-10-31 07:41:35 UTC ]
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Valérie Lévy-Soussan, founder of Audiolib, has tracked France’s audiobook market from CDs in the early 2000s to streaming and download formats. The post From Frankfurt’s First Audio Summit: Valérie Lévy-Soussan of France’s Audiolib appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-10-31 05:30:42 UTC ]
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Rowman & Littlefield Audio plans to release 35 audio titles this year and 50 in 2020 in subject areas that include history, self-help, business, and pop culture. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-10-29 04:00:00 UTC ]
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If you listen to audiobooks on Libby, then you need these Libby audiobook hacks in your life. Continue reading at Book Riot
[ Book Riot | 2019-10-25 10:41:56 UTC ]
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HarperCollins has snapped up a World War Two novel "full of friendship and hope" by Christopher de Vinck, that was inspired by the essayist's family. Continue reading at The Bookseller
[ The Bookseller | 2019-10-24 00:58:20 UTC ]
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The deputy publisher of William Morrow will leave HarperCollins for Princeton Architectural Press, where she will serve as publisher, effective November 4. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-10-23 04:00:00 UTC ]
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A W F Howes audiobook of self-published star LJ Ross’s new Dr Alexander Gregory thriller Impostor will be narrated by “Hannibal” actor Hugh Dancy. Continue reading at The Bookseller
[ The Bookseller | 2019-10-22 03:57:05 UTC ]
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There are a lot of tips around on how to get physical review copies. But how about audiobooks? Below are some ways to get those audiobook ARCs. Continue reading at Book Riot
[ Book Riot | 2019-10-21 10:39:48 UTC ]
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The New York Review of Books editor tackles everything from Homer to “Game of Thrones.” Continue reading at The Washington Post
[ The Washington Post | 2019-10-17 15:56:15 UTC ]
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Author Nnedi Okorafor is known for her award-winning Afrofuturist works, stories rooted in African culture and perspective that explore beyond the realm of what is currently possible. Okorafor’s writing examines the intersection of technology, the natural world, and magic, building a world in... Continue reading at Literrary Hub
[ Literrary Hub | 2019-10-17 08:47:48 UTC ]
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HarperCollins imprint HQ will publish a "heartwrenching" post-Holocaust memoir from the mother of Jonathan Safran Foer, the story of which was the basis for his bestselling 2002 novel, Everything is Illuminated. Continue reading at The Bookseller
[ The Bookseller | 2019-10-16 20:21:07 UTC ]
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