Monday 24th October

Book2book Home Book Trade News Trade Announcements Bestseller Lists About

Waterstones Turns A Corner Under Russian Ownership

Posted at 10:51AM Sunday 02 Feb 2014

Waterstones, Britain's biggest high street book chain, has turned the corner under its new owner, Russian billionaire Alexander Mamut, despite the continued decline in book sales.

Accounts for Waterstones Booksellers Limited for the year to April 27 2013, the first full year of trading after being sold by HMV Group for £53.5m, show the bookseller made an operating loss before exceptional items of £12.2m.


City AM

City AM - Bottom Line: Bookbuyers need time and tea

Search the news archive:

More Book Trade News

Pearson Shares Tumble 10% As Sales Slide

Challenging trading conditions continue to knock world's largest educational publisher

Dolores Redondo Wins Premio Planeta

Todo esto te daré, by Dolores Redondo wins €600k Premio Planeta de Novela

Baillie Gifford Non-Fiction Prize Nominees Announced

Previously known as the Samuel Johnson Prize

Australian Prime Minister's Literary Awards 2016

Novel with print run of 350 makes shortlist

Alistair MacLean Series Of Novels Being Adapted For TV

Deal with publisher HarperCollins

House Of Lords Attacks The Government Over Library Closures

Peers including John Bird, Ray Collins and Gail Rebuck slam budget cuts as 'appalling' and a 'disaster' during a heated session in Westminster

Account Sign-In

Most Popular Stories

  1. Cappelen Damm To Launch 'Choc Lit Norway'
  2. Waterstone's 'Will Not Stock' Controversial Book On Hillsborough
  3. Good Sex In Fiction Award Hoping To End The Ridicule Of Erotic Literature
  4. Vlogger Zoella boosts sales at WH Smith as it launches £50m share buyback
  5. JK Rowling plans five Fantastic Beasts films
  6. US debut writer wins Gold Dagger at UK's top crime writing awards
  7. Royal Automobile Club Announces Shortlist Of Contenders For Motoring Book Of The Year
  8. Bob Dylan's Nobel Prize Win Shows That Literature Can Burst Beyond The Boundaries Of Books
  9. Author Earnings: Sharp Downturn in US Indie Ebook Share
  10. Transworld Aquires World Rights To Addictive Psychological Thriller