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 ]
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... Continue reading at Folio Magazine
[ Folio Magazine | 2019-07-09 18:18:07 UTC ]
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HarperCollins will publish the debut of Elle UK deputy editor Kenya Hunt entitled GIRL, billed as a "celebration of womanhood, blackness and the possibilities that both contain". Continue reading at The Bookseller
[ The Bookseller | 2019-07-04 18:16:56 UTC ]
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HarperCollins UK c.e.o. Charlie Redmayne celebrated Judith Kerr and paid tribute to Bob Bradford at the publisher's annual summer party last night. Continue reading at The Bookseller
[ The Bookseller | 2019-07-04 08:35:24 UTC ]
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Paul McCartney will narrate the audiobook edition of his upcoming picture book, Hey Grandude! (Puffin), which is inspired by his experiences of being a grandfather. Continue reading at The Bookseller
[ The Bookseller | 2019-07-04 02:57:43 UTC ]
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HarperCollins Children’s Books will this autumn publish a Michael Morpurgo book about a refugee from Afghanistan, inspired by Jonathan Swift’s Gulliver’s Travels. Continue reading at The Bookseller
[ The Bookseller | 2019-07-03 19:34:21 UTC ]
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HarperCollins Children’s Books has acquired three more books by Quentin Blake and Emma Chichester Clark, including a follow-up to their picture book Three Little Monkeys. Continue reading at The Bookseller
[ The Bookseller | 2019-07-03 08:55:50 UTC ]
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A round of promotions has been revealed across 4th Estate and William Collins with Helen Garnons-Williams promoted to associate publisher across the two HarperCollins imprints and Tom Killingbeck appointed to William Colllins' editorial director, while Anna Kelly will become editorial director... Continue reading at The Bookseller
[ The Bookseller | 2019-07-02 10:55:24 UTC ]
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'The Sandman' is being made into a live-action series by Warner Bros. Television, and HarperCollins Germany gets its second chief in under two years. The post Neil Gaiman’s ‘Sandman’ Coming to Netflix; HarperCollins Germany Names Jürgen Welte appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-07-02 02:40:58 UTC ]
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A reader comes to terms with the role audiobooks play in her ability to be more mindful for the sake of her mental health, and considers reading life solutions. Continue reading at Book Riot
[ Book Riot | 2019-07-01 10:41:46 UTC ]
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HarperCollins has snapped up The Batch Bible and another book from Scottish YouTube home cook The Batch Lady, Suzanne Mulholland, in a six-figure pre-empt. Continue reading at The Bookseller
[ The Bookseller | 2019-06-26 22:57:55 UTC ]
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HarperCollins’ Martha Ashby has snapped up a novel about "women’s bodily autonomy, motherhood and societal expectations" from American author and Publishers Weekly reviewer Donna Freitas in a six-figure pre-empt. Continue reading at The Bookseller
[ The Bookseller | 2019-06-25 18:53:46 UTC ]
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Sweden’s Bonnier has announced a sweeping expansion in Europe of its BookBeat digital service, multiplying by seven times its former reach in terms of markets for audiobooks and ebooks. By Porter Anderson, Editor-in-Chief | @Porter_Anderson Service Has More Than 50,000 Audiobooks and Ebooks he... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-06-24 12:55:40 UTC ]
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Audiobook streaming service BookBeat has launched in 24 new European markets, making the service available in 28 countries overall. Continue reading at The Bookseller
[ The Bookseller | 2019-06-24 12:31:26 UTC ]
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HarperCollins has bought We Just Clicked, described as "a love story for the Instagram generation", and a second novel from romantic comedy author Anna Bell. Continue reading at The Bookseller
[ The Bookseller | 2019-06-20 23:59:03 UTC ]
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HarperCollins Children’s Books will this October start publishing a young fiction series set in a magical werewolf world. Continue reading at The Bookseller
[ The Bookseller | 2019-06-20 00:29:34 UTC ]
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New Writing North and Michael Morpurgo’s Farms for City Children are among seven charities sharing £100,000 donated by HarperCollins UK parent company News Corp UK, via the annual News Corp Giving programme. Continue reading at The Bookseller
[ The Bookseller | 2019-06-18 09:16:53 UTC ]
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A little under two years after its five-season run ended on BBC America, Orphan Black is returning with a bang, and probably loads more sound effects. Fiction publishing startup Serial Box is reviving the beloved sci-fi show this summer as a ten-epis... Continue reading at Engadget
[ Engadget | 2019-06-13 22:51:00 UTC ]
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Angelica Gonzalez used to read about a book a year. Then she discovered the Libby app, which allows anyone with a Los Angeles Public Library card to borrow e-books, audiobooks and other electronic media — for free. Now Gonzalez regularly checks out titles and transfers them to her Kindle.... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-06-12 10:00:00 UTC ]
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Entertainment Monthly Meredith Corp. announced Thursday a "reimagining" of its 29 year-old magazine Entertainment Weekly, reducing its print edition's frequency to monthly in favor of heavier investment in its online platforms (though it will retain the Entertainment Weekly name) and replacing... Continue reading at Folio Magazine
[ Folio Magazine | 2019-06-06 18:49:55 UTC ]
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Tim Greco has been hired and Holly Ruck and Malati Chavali have been named to new positions at Macmillan, where the sales team has been undergoing an overhaul of late. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-05 04:00:00 UTC ]
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