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 ]
In what it's dubbing an "unprecedented partnership," HarperCollins and Sony Pictures Entertainment are investing in the former team at Fox 2000 to find and produce content based on (but not restricted to) literary material. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-16 04:00:00 UTC ]
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Elizabeth Gabler, the executive behind hit movies like “The Devil Wears Prada,” will run a venture financed by Sony Pictures and HarperCollins Publishers. Continue reading at The New York Times
[ The New York Times | 2019-07-15 22:19:51 UTC ]
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HarperCollins' Brian Murray says the new deal with Sony Pictures Entertainment responds to today's changes in 'the business of storytelling.' The post HarperCollins and Sony Pictures Entertainment in Major Elizabeth Gabler Partnership appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-07-15 20:00:26 UTC ]
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Audiobook selections for July cover a swath of the American landscape, from a western river to Louisiana’s gumbo belt. Relax and take it all in. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2019-07-12 10:58:54 UTC ]
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Audiobook selections for July cover a swath of the American landscape, from a western river to Louisiana’s gumbo belt. Relax and take it all in. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2019-07-12 10:58:54 UTC ]
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Audiobook selections for July cover a swath of the American landscape, from a western river to Louisiana’s gumbo belt. Relax and take it all in. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2019-07-12 10:58:54 UTC ]
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Audiobook selections for July cover a swath of the American landscape, from a western river to Louisiana’s gumbo belt. Relax and take it all in. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2019-07-12 09:38:10 UTC ]
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HarperCollins has signed a deal with Marcus Wareing for Marcus Everyday, the publisher’s third book with the celebrity chef and restaurateur. Continue reading at The Bookseller
[ The Bookseller | 2019-07-12 07:06:27 UTC ]
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[caption id="attachment_161791" align="alignright" width="150"] Carol Smith[/caption] Carol Smith was promoted to SVP and publishing director of Harper’s Bazaar, Elle and Marie Claire, succeeding SVP, publishing director and CRO Kevin O’Malley, who is retiring. Smith most recently served as the... Continue reading at Folio Magazine
[ Folio Magazine | 2019-07-11 16:33:55 UTC ]
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David Walliams has narrated the audiobook of The Curse of the School Rabbit (HarperCollins), written and illustrated by Judith Kerr. Continue reading at The Bookseller
[ The Bookseller | 2019-07-10 12:22:15 UTC ]
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HarperCollins has signed a new four-book deal with David Baddiel, securing the middle-grade children's author until 2023. Continue reading at The Bookseller
[ The Bookseller | 2019-07-10 07:40:32 UTC ]
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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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