Victoria Verhowsky has joined DK as adult marketing manager. Previously she was marketing manager at Rutgers University Press. At Sterling Children’s, Eve Adler has joined as senior editor. Previously she was senior editor at Penguin Random House. Suzy Capozzi has been promoted to executive editor. Brett LoGiurato has joined Wharton Digital Press as senior editor. He was…
Indigo Q3 Sales Flat But Earnings Down 50% During Challenging Period
Indigo reported third quarter revenue just below flat for the 13 weeks ending December 29, 2018, with sales of $426 (CA) million compared to $433.3 million for the same period last year, a decrease of 1.7 percent. Comparable superstore sales were flat, with small format store comps up 2.8 percent, as online sales declined by $1.5…
Indie Booksellers Need to Keep Innovating, and Scrambling
Yale undergrad Max Graham — son of Politics & Prose owners Bradley Graham and Lissa Muscatine — files a thoughtful, well-researched and clear-eyed piece about the continuing challenges for independent bookstores in Yale’s The Politic. The article builds on some of what was reported out of Winter Institute, as booksellers face the pressures of rising rents and…
By the Actual Numbers, Sales and Profits Fell Slightly at Waterstones
As we’ve observed before, the UK press and the UK trade love the survival/revival story of bookselling chain Waterstones, regardless of what the numbers say. In the British tradition, the chain recently filed annual results for the fiscal year ending April 28, 2018 — prior to the sale of a controlling stake to Elliott Advisors…
People, Etc.
Simon Green has joined Abrams Artists Agency to lead company’s book and publishing division. Green was at CAA, where he started the book department in 2009, until last spring. The agency says Green’s hiring “reflects [their] commitment to growing the company with distinguished agents as the agency continues to expand its roster of both agents and clients.” (Steve…
People, Etc.
Liz Kelsch has been promoted to director of marketing for nonfiction and mystery at Sourcebooks. Picks Reese Witherspoon‘s book club pick for February is Jasmine Guillory’s The Proposal. Distribution Rizzoli New York will distribute Pavilion Books, Pavilion Children’s, Portico, Pitkin, and the National Trust via Penguin Random House Publisher Services, starting July 2019. Previously these lists were…