Waterstones has reported a profit for the first time under the ownership of Russian businessman Alexander Mamut and direction of its m.d. James Daunt. Boosted by “better standards of bookselling”, the 270-store chain saw sales rise by 4% to £409.1m in the year to 30th April 2016, helping it achieve a profit-after tax of £17.6m, up from a loss of £4.7m a year earlier. Continue reading at 'The Bookseller'
[ The Bookseller | 2017-02-02 00:00:00 UTC ]
Total revenue soared 95% in the fiscal year ended February 29, 2016 at Educational Development Corp. over fiscal 2015, to $63.6 million, and net earnings jumped to $2.1 million from $859,200 a year earlier. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-31 00:00:00 UTC ]
More news stories like this
Leading publishing figures, including Waterstones m.d James Daunt, chair of Penguin Random House UK Gail Rebuck, author Philip Pullman and poet laureate Carol Ann Duffy, have signed a letter to say they believe leaving the European Union would "severely weaken" the UK's creative industries. Continue reading at The Bookseller
[ The Bookseller | 2016-05-24 00:00:00 UTC ]
More news stories like this
Playboy showed off its new, fully-clothed self during its first-ever NewFronts presentation Friday afternoon at New York's Skylight Modern. "This is the most exciting and complex brand transformation of my career," said CEO Scott Flanders kicking off the 30-minute presentation. He added that... Continue reading at AdWeek
[ AdWeek | 2016-05-13 00:00:00 UTC ]
More news stories like this
Amazon “defines” how Waterstones behaves, James Daunt, m.d. of Waterstones has said, but he added that a really good high street bookshop was "addictive" and could not be replicated online. Continue reading at The Bookseller
[ The Bookseller | 2016-04-12 00:00:00 UTC ]
More news stories like this
From Brexit (no) to bookstore social space (yes) Waterstones' managing director James Daunt is certain about one thing: He wants 'to sell more books.' The post Waterstones’ James Daunt: ‘Student of Bookshops’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-03-04 00:00:00 UTC ]
More news stories like this
Waterstones must sustain three years of consecutive profit-making before the company can “stand on its own two feet” and not rely on the “charity” of its owner, the chain’s m.d. James Daunt has said. Continue reading at The Bookseller
[ The Bookseller | 2016-02-15 00:00:00 UTC ]
More news stories like this
The UK’s possible exit from the European Union, looking likely to be the subject of a summer referendum, would be a disaster for the book trade, according to industry figures such as Waterstones m.d. James Daunt, Bonnier Publishing c.e.o. Richard Johnson and Alma Books m.d. Alessandro Gallenzi. Continue reading at The Bookseller
[ The Bookseller | 2016-02-12 00:00:00 UTC ]
More news stories like this
Shares of News Corp., controlled by billionaire Rupert Murdoch, had a record decline after the publisher of the Wall Street Journal and New York Post reported fiscal second-quarter profit that missed analysts' estimates.Earnings, excluding some items, were 20 cents a share in the period ended... Continue reading at Advertising Age
[ Advertising Age | 2016-02-06 00:00:00 UTC ]
More news stories like this
At some point back in 2013, I asked a senior publisher if they had a contingency plan for a world with fewer high street bookshops. It was a period when ebook sales were growing ever bigger, taking chunks out of print fiction’s market share; Amazon was revelling in its recent victory over those... Continue reading at The Bookseller
[ The Bookseller | 2016-02-02 00:00:00 UTC ]
More news stories like this
Waterstones is on course to make a small profit this year but it is “all to play for” over the next few weeks, the chain’s m.d James Daunt has said. Continue reading at The Bookseller
[ The Bookseller | 2015-11-24 00:00:00 UTC ]
More news stories like this
The shortlist for the Waterstones Book of the Year 2015 has been revealed, featuring a list that would "not have been produced by an algorithm,” the chain's m.d. James Daunt has said. The eight-strong selection nominated by Waterstones booksellers across the UK encompasses four novels, three... Continue reading at The Bookseller
[ The Bookseller | 2015-11-13 00:00:00 UTC ]
More news stories like this
In a week when The Bookseller reported that James Daunt was removing Kindle devices from most of Waterstones’ shelves, one wonders if the ever-pragmatic boss of the high street chain was simply making room for Super Thursday books. Last year the trade contrived to release 300 hardbacks... Continue reading at The Bookseller
[ The Bookseller | 2015-10-09 00:00:00 UTC ]
More news stories like this
The chief executive of The Quarto Group, Marcus Leaver, said the company achieved a “solid” set of results in the first half of the year, with revenues rising 1% compared to the same period a year earlier. For the six months ending 30th June 2015, revenues totalled $66.2m (£42.4m), 1% higher... Continue reading at The Bookseller
[ The Bookseller | 2015-08-14 00:00:00 UTC ]
More news stories like this
Booksellers say they are enjoying a “bumper summer”, with the release of Harper Lee's Go Set a Watchman encouraging people to “re-engage with books and bookshops again.” James Daunt, m.d of Waterstones, said the release of the William Heinnemann title last month had injected life into the... Continue reading at The Bookseller
[ The Bookseller | 2015-08-07 00:00:00 UTC ]
More news stories like this
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
Publishing group Pearson - which is selling its Financial Times newspaper - reports a first half loss of £115m compared with £36m a year earlier. Continue reading at BBC News
[ BBC News | 2015-07-24 00:00:00 UTC ]
More news stories like this
In the last four years, Waterstones has changed to a company which is more customer-focused, with booksellers who have more flexible working hours, more accountability and higher energy, according to the chain’s m.d. James Daunt was speaking on the subject of the value of booksellers in a... Continue reading at The Bookseller
[ The Bookseller | 2015-06-25 00:00:00 UTC ]
More news stories like this
Waterstones is set to open a store in Welwyn Garden City next month after being “petitioned” by the town’s residents. The chain will open a branch in Howardsgate on 25th July, with a special Peter Rabbit family fun day. The shop will include a cafe as well as a stock of close to 20,000... Continue reading at The Bookseller
[ The Bookseller | 2015-06-25 00:00:00 UTC ]
More news stories like this
Waterstones stores across the country will host midnight openings to celebrate the release of Harper Lee’s forthcoming novel Go Set a Watchman (William Heinemann), while the company’s flagship Piccadilly shop will host a festival. M.d. James Daunt has called the launch a "thrilling"... Continue reading at The Bookseller
[ The Bookseller | 2015-06-12 00:00:00 UTC ]
More news stories like this
German trade association Börsenverein des Deutschen Buchhandels has released its economic data for 2014, revealing that sales of books and professional journals were down slightly by 2.2% to €9.32bn (£6.78bn). The trade association released the figures ahead of the annual industry conference in... Continue reading at The Bookseller
[ The Bookseller | 2015-06-11 00:00:00 UTC ]
More news stories like this