In a brief “interim statement,” Bloomsbury reported that fiscal first quarter sales (for the period ending May 31) were down 9 percent compared to a year ago — when they had an unusually strong first quarter. All the decline and then some comes from the adult trade division, “as anticipated,” with sales rising in the Academic & Professional and Children’s & Educational divisions (the latter helped by having John Green’s Paper Towns on the backlist). Chief executive Nigel Newton notes in the release, “We continue to develop Bloomsbury as a wholly integrated trade and academic publisher. This is traditionally a quiet quarter […]
