Indigo sales: digital hike, print decline.

Written By: Lisa Campbell Publication Date: Thu, 11/08/2011 - 09:20 Canadian retailer Indigo Books & Music has reported 170% acceleration in digital sales growth, but blamed a drop in overall revenue for its first quarter on declining physical book sales. Indigo attributed the hike in its digital business in the later part of the quarter to 2nd July to the launch of its Kobo Touch e-Reader. However, it warned short term challenging times lay ahead as its print books sales have dropped, leaving to overall revenue being down 1.1% to C$202m for its first quarter. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-08-11 00:00:00 UTC ]
News tagged with: #print decline #digital business #2nd july

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