W H Smith issues £40m profit warning as coronavirus hits travel business

W H Smith has warned the impact of the coronavirus outbreak could cut its profit by up to £40m as the pandemic hits its Travel business.  Continue reading at 'The Bookseller'

[ The Bookseller | 2020-03-12 09:57:11 UTC ]
News tagged with: #coronavirus outbreak #pandemic hits #travel business #w h smith

Other Publishing stories related to: 'W H Smith issues £40m profit warning as coronavirus hits travel business '


W H Smith Travel sales up 8% in third quarter

Sales in W H Smith's travel business rose by 8% in the last quarter, although High Street revenue dipped marginally. Continue reading at The Bookseller

[ The Bookseller | 2018-06-07 00:00:00 UTC ]
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Russian Publishers Warn of Lost Profits Amid a Newly Announced VAT Hike

The prosperity that some in the Russian book industry thought was rising this year may be headed in the other direction, if the expected rise in book VAT becomes a reality. The post Russian Publishers Warn of Lost Profits Amid a Newly Announced VAT Hike appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-05-24 00:00:00 UTC ]
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WH Smith Travel to open London Bridge shop in April

WH Smith Travel is to open a new 900 sq ft bookshop at London Bridge station in April. Continue reading at The Bookseller

[ The Bookseller | 2018-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #whsmith travel


Daily Mail Warns of 'Year of Transition' for Its Business

Shares in Daily Mail & General Trust slumped the most since 2001 after giving investors news they didn't want to hear: 2018 will essentially be a lost year.The publisher of the Daily Mail newspaper said fiscal 2018 will be a "year of transition," warning of weakness across its businesses, a... Continue reading at Advertising Age

[ Advertising Age | 2017-11-30 00:00:00 UTC ]
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Is the staggeringly profitable business of scientific publishing bad for science?

It is an industry like no other, with profit margins to rival Google – and it was created by one of Britain’s most notorious tycoons: Robert Maxwell. By Stephen BuranyiIn 2011, Claudio Aspesi, a senior investment analyst at Bernstein Research in London, made a bet that the dominant firm in one... Continue reading at The Guardian

[ The Guardian | 2017-06-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #scientific journals #scientific publishing #amazon posted


Treasury hits back at 'scaremongering' on business rates

The Treasury has hit back at so-called "scaremongering" reports, reassuring businesses that the vast majority will see no change to their business rate bills in April.  Continue reading at The Bookseller

[ The Bookseller | 2017-02-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business rates


Pearson shares fall 30% on profits and dividend warning

The educational publisher Pearson has warned of an "unprecedented" fall in sales in the US. Continue reading at BBC News

[ BBC News | 2017-01-18 00:00:00 UTC ]
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Pearson profit warnings wipe almost £2bn off its value

Education giant plans sale of stake in Penguin Random House to Bertelsmann as it cuts payout to shareholdersAlmost £2bn was wiped from the stock market value of Pearson after the beleaguered FTSE 100 company issued profit warnings for the next two years and said it would cut its payout to... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #47% stake #pearson chief #stock market #profits warnings #redundancy fears


Will the Pearson chief be brought to book over profits warnings? | Nils Pratley

John Fallon has presided over a string of mishaps at the educational giant and a plunge in the share priceForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016 were... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson chief #students enrolling #profits warnings #john fallon #educational publishers


Eason on track for second year of profit but warns on Brexit

Eason is on track to retain its profitability this year, with single-digit revenue growth, its c.e.o. Conor Whelan has told The Bookseller on the eve of the all-important Christmas bookselling season. However, the chain’s chief also warned of the potential impact Brexit could have on the... Continue reading at The Bookseller

[ The Bookseller | 2016-11-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #conor whelan


Thought Catalog CRO Alex Magnin on growing a profitable media business in 2016

Thought Catalog has seen its audience chopped in half thanks to the whims of the Facebook algorithm. But that's to a disciplined operating plan, the company has managed to remain profitable. The "new reality," according to Thought Catalog CRO Alex Magnin, is publishers need to operate far more... Continue reading at Digiday

[ Digiday | 2016-10-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #thought catalog #facebook algorithm


Translation Issues: Why Don’t Children’s Picture Books Travel?

Perceived cultural resistance and inadequate marketing to international audiences can mean that children's picture books lag in translation on the world stage. The post Translation Issues: Why Don’t Children’s Picture Books Travel? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-10-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #world stage


WH Smith Travel to pass on VAT savings

WH Smith Travel will now pass on tax savings to non-EU bound customers shopping in its airport branches. The "new approach" follows an investigation that revealed it had been pocketing millions of VAT paid on duty free purchases. Continue reading at The Bookseller

[ The Bookseller | 2016-07-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #whsmith travel


WH Smith appoints McKechnie as travel director

Retailer WH Smith has appointed Gavin McKechnie as the international operations director of its travel division. Continue reading at The Bookseller

[ The Bookseller | 2016-06-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #travel division


BBIA crowns Transworld and W H Smith Travel

Transworld and W H Smith Travel have been crowned as two of the biggest winners at The British Book Industry Awards 2016. Continue reading at The Bookseller

[ The Bookseller | 2016-05-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #smith travel #biggest winners


Pearson to cut 4,000 jobs after second profit warning in three months

World’s biggest education publisher aims to make £350m in cost savings by the end of 2017Pearson is to cut 4,000 jobs after issuing its second profit warning in three months. The world’s biggest education publisher said it aimed for annual savings of £350m by the end of 2017 and it would end its... Continue reading at The Guardian

[ The Guardian | 2016-01-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit warning #cost savings


Business-Focused 417 Magazine Spin-Off Publishes First Issue

The new bimonthly magazine seeks to provide Southwest Missouri with "networking in print." The post Business-Focused 417 Magazine Spin-Off Publishes First Issue appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-11-12 00:00:00 UTC ]
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Pearson shares slide after profits warning

Education publisher, which is in the process of selling off the Financial Times, blames ‘challenging’ market as it suffers biggest share price fall since 1987Pearson suffered its biggest share slump in decades on Wednesday as the education publisher’s stock price crashed almost 16% after issuing... Continue reading at The Guardian

[ The Guardian | 2015-10-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #education publisher


Smith warns library closures threat to 'democracy of reading'

Author Ali Smith has used her appearance at the Edinburgh International Book Festival to warn how the closure of public libraries was threatening the “democracy of reading”. Smith, who was interviewed at the festival yesterday (16th August), said the continued closing of libraries would have an... Continue reading at The Bookseller

[ The Bookseller | 2015-08-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #public libraries


Sales rise but profits hit at CUP

Cambridge University Press saw sales rise 5% year-on-year at constant currency rates to £269m in the year ended April 2015, according to its latest annual report. The increase reflected "significant" expansion in its Education division, which was offset by lower increases in Academic. However... Continue reading at The Bookseller

[ The Bookseller | 2015-07-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales rise #education division #sharp decline #south africa