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July 2, 2020

Publishing News


Menkes Stepping Down at Vogue International
BoF: "Veteran fashion journalist and Vogue International editor Suzy Menkes is stepping down from her position in October. Her work appears in 21 international Vogue editions and has been translated into 15 languages. “I have enjoyed every moment of my time as Editor, Vogue International, and I am proud of everything I have achieved at the company,” Menkes said in an email to BoF. “The current global situation has given me - and all of us - pause for reflection. And so it is time for a new adventure, which I look forward to with excitement.” Menkes added that she will continue to “write, post, record and bring together the industry” on her own website and via Instagram, where she has more than 500,000 followers. As a result of Menkes' departure, the annual Condé Nast Luxury Conference, which she spearheaded when she joined the company in 2014, has been cancelled. She brought some of the industry’s most important names to its stage, including Karl Lagerfeld, Maria Grazia Chiuri, Olivier Rousteing and Naomi Campbell. (Menkes previously played a similar role at the New York Times, which has also disbanded its luxury conference.) In a statement posted on Condé Nast International’s website, the publisher attributed the cancellation of the event to Menkes' departure, but also to the growing uncertainty around the future of conferences" due to the pandemic...
 
Business of Fashion (paid sub req.)

Judge: Publication of Trump's Niece's Tell-All Can Proceed, Pending Hearing
NY Times: "A New York appellate judge ruled on Wednesday that the publisher Simon & Schuster could go ahead with its plans to release a tell-all book by Mary L. Trump, the niece of President Trump, reversing a lower court’s decision from this week that had temporarily halted publication.The decision by the judge, Alan D. Scheinkman, means that Simon & Schuster can move forward in publishing the book, “Too Much and Never Enough: How My Family Created the World’s Most Dangerous Man,” which is scheduled to be released at the end of July. In court papers filed on Tuesday, Simon & Schuster claimed that tens of thousands of copies of the book had already been printed, adding that it is a best seller on Amazon. Justice Scheinkman’s ruling, however, put off addressing a central aspect of the bitter spat about the manuscript that has been roiling all month in the Trump family: whether, by writing the book, Ms. Trump violated a confidentiality agreement put in place nearly 20 years ago after a struggle over the will of her grandfather, Fred Trump Sr., Donald Trump’s father"... PW: "But with a hearing set for July 10 before Judge Greenwald [who issued the original injunction], the appellate court upheld a modified version of the Temporary Restraining Order pertaining to the author, Mary L. Trump. "At this preliminary stage of the proceedings, this Court is of the view that it is appropriate, in view of the confidentiality provision of the settlement agreement and the showing made in the plaintiff’s papers, for a temporary restraining order to issue as against Ms. Trump to temporarily enforce its terms pending a hearing on the preliminary injunction," Scheinkman concluded. In a statement, S&S officials said there were "gratified" by the Appellate Court’s decision. "As we all know, there are well-established precedents against prior restraint and pre-publication injunctions," S&S officials said, "and we remain confident that the preliminary injunction will be denied""...
 

Essence's EIC Steps Down After Employees Publish Scathing Essay
NY Post: "Earlier this week, a group dubbed Black Female Anonymous penned a scathing exposé about the alleged conditions of working at Essence magazine, and demanded that four top execs step down. On Tuesday, one of the execs they named, Richelieu Dennis, resigned as CEO. In their essay, published on Medium, the women claimed that Dennis had a “surface-level commitment to Black women” but that he is actually “driven by greed and a debaucherous sexual appetite"... They also accused him of sexual harassment and inappropriate sexual relationships and some employees, says the Post, adding: "At first the company denied the allegations, calling them “unfounded attempts to discredit our brand and assassinate personal character.” But on Tuesday night, they sent out a press release announcing a new interim CEO, Caroline Wanga, saying it was one of several steps to “ensure that Essence is the safe haven that we all expect""...
 

Men's Health UK Starts Meal Delivery Service
WNIP: "Men’s Health, the UK’s best-selling men’s magazine published by Hearst UK, has announced a tie-up with fitness food specialist MunchFit that sees the introduction of ‘Fuel’ – a gourmet meal delivery service tailored by leading nutritionists to assist readers with a wide range of body goals. Fuel, which can be accessed through Menshealthfuel.com, has been designed to boost healthy-eating, specifically around fitness and well-being, and will rotate 180 recipes that feed into four different meal plans based on consumer ambitions. The average price per meal ranges between £7.99 – £9.99 and is dependent on the length of a subscription (either a 1-week trial, 4, 8, or 12 weeks) and also how many meals per day and how many days per week are selected. The delivery service will operate twice a week and is available nationwide across the UK"...
 

OTHER NEWS OF NOTE:




Retail News


June Jobs Report Positive -- With a Big Asterisk
The Week: "The Labor Department on Thursday said the U.S. economy added 4.8M jobs in June, and the unemployment rate declined to 11.1%. Both of these numbers were significantly better than expected, as economists were anticipating about 2.9M jobs to be added and for the unemployment rate to decline to about 12.4%, CNBC reports. This comes after last month, another better-than-expected jobs report saw the unemployment rate decline to 13.3%, with 2.5M jobs added. Still, The New York Times notes the latest unemployment survey was taken in mid-June, before states like Arizona and and Florida started to see a spike in new COVID-19 cases. These spikes have led some states to slow down their reopenings and close businesses, and the surge in cases "could hamper the labor market’s recovery," The Wall Street Journal writes. The Washington Post's Heather Long referred to this fact as a "big asterisk" to keep in mind when looking at the job gains"...
 
The Week (paid sub req.)

8 ShopRite Stores Transition Ownership
PG: "David Zallie has purchased the shares in the eight Zallie ShopRite stores that have been jointly owned by George J., Bruce and David Zallie since the death of their father, George Sr., in 2011. Both George J. and Bruce Zallie will retire after grocery industry careers spanning nearly five decades. All 11 Zallie-owned ShopRite stores will now operate under the entity of Medford, New Jersey-based Zallie-Somerset Inc." The 11 stores are based in southern New Jersey.
 

Walmart Among Those Seeing Even Bigger Online Traffic Gains Than Amazon
RetailWire: "As consumers have navigated their way through stay-at-home and social distancing restrictions during the pandemic, a new study says Amazon’s web traffic has soared, but other retailers are up even more. Traffic to the sites of some of the biggest retailers was up a lot in April vs. the previous year, according to research by Activate Consulting. For Amazon.com, page views were up 50%, with unique site visitors up just 1%. Walmart page views were up 91% with unique site visitors up nine percent; Target was up 68% and 25%; Best Buy up 114% and 34%; and Costco up 221%t and 50%. The study of 1900+ adults aged 18 to 64 showed the apparel/shoes/accessories category, along with grocery, household products and beauty/personal care, were the largest categories where consumers made at least one ecommerce purchase. 36% of those surveyed said they are likely to continue shopping online for groceries after shelter in place orders end. Grocery shoppers say they value free delivery the most, with website experience, same-day delivery and access to hard to find in-store items also important. Activate says that over half of online shoppers have purchased from a new retailer during the pandemic and 81% plan to continue shopping from these new retailers after it ends. Customers who shop the most frequently and spend the most are more likely to have purchased from a new online retailer. The study also found that, beyond health and safety concerns, pricing, experience and promotions will be the most important ways to win back core shoppers and reactivate lapsed customers to out-of-home activities"...
 

8 Earth Fare Stores to Reopen Under New Ownership
SN: "The Earth Fare retail banner lives to see another day. The natural grocery chain, which filed for bankruptcy and shuttered operations in February, is being given a new lease on life through an investment from Hulsing Enterprises and its president and CEO, Dennis Hulsing, an Asheville, N.C., businessman with a number of interests in hotels and real estate. Hulsing, along with the original Earth Fare founder Randy Talley and Mike Cianciarulo, a former president of Earth Fare, have joined together in the revitalization of the brand, with Talley now serving as the company’s chief sustainability officer. Hulsing has also brought on David Isinghood as chief operating officer for Earth Fare. Isinghood spent 25 years of his career working for Whole Foods Market before joining the team... Westgate Earth Fare in Asheville, the first of the reopened stores, began welcoming customers on June 22. According to Hulsing, the Asheville location is the first of eight Earth Fare stores to open, with the new leadership team planning to open the remaining locations over the next few months. Hulsing intends to continue to grow the stores throughout the southeast region and keep its HQ rooted in Asheville"...
 

Instacart Looks to Credit Card Offers to Spark More Business
PG: "Can credit card offers spark even more use of grocery delivery services? A new Instacart effort will serve as that latest experiment in that area of food retail. The grocery delivery service this week said that it has teamed with Chase to “provide new offers to Chase Sapphire Reserve and Preferred cardmembers who use Instacart for their online grocery shopping.” The program, which started Wednesday and runs through Sept. 30, enables those cardholders to earn “extra points on groceries and other essentials delivered or picked up from their favorite local stores via Instacart,” the delivery service said. “Reserve cardmembers will earn 5x total points and Preferred cardmembers will earn 3x total points on all Instacart marketplace delivery and pickup orders — up to $3,000 in spend during the three-month period.” That’s not all for the Instacart and Chase offer. Reserve and Preferred cardmembers will also receive up to $50 in statement credits toward a monthly (currently $9.99) or annual (currently $99) Instacart Express membership, which offers unlimited free delivery and reduced service fees on orders of $35 or more"...
 

OTHER NEWS OF NOTE:





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