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29 January 2021 | 08:10am StockMarketWire.com - Publishing company Bloomsbury Publishing lifted its annual profit and revenue expectations thanks to strong performance in its consumer division amid a surge in reading during the Covid-19 lockdowns. For the 12 months ending 28 February 2021, revenue was expected to be ahead and profit before tax and highlighted items 'well ahead' of market expectations of £161.8 million and £12.1 million, respectively, the company said. 'This follows continued strong trading in the consumer division, for both adult and children's publishing, the company ...

Submitting... Bosses said its consumer division continues to perform well, with standout bestsellers including Eat Better Forever by Hugh Fearnley-Whittingstall, Outlawed, Joe Biden – American Dreamer and Humankind. Bloomsbury added it has seen strong sales of older titles including Harry Potter, Sarah J Maas, Why I’m No Longer Talking to White People About Race, Such A Fun Age and Dishoom. The surge in reading amid lockdown and social distancing restrictions has led to the volume of print books sold in the UK during 2020 growing by 5.2% compared with 2019, according to Nielsen. At its ac...

Rhode Island (William Morrow) The week before Halloween seemed the ideal moment to pick up the 617-page epic horror novel “Plain Bad Heroines” by Emily M. Danforth. The tangled story toggles between a cursed Rhode Island boarding school for girls during the early 1900s and present day when a group of queer women return to film a movie about the school’s fabled history. Danforth writes with humor and is at her brilliant best with vivid female character portrayals, who are as wild and unpredictable as the untamed Rhode Island shoreline. South Carolina One of the most compelling books I re...

Raven Leilani’s Luster is the novel of the moment in the US and is sure to catch readers’ attention on this side of the Atlantic following its release this week. It is about a 23-year-old black woman, Edie (the etymology of this name, according to a cursory Google search, is “strive for wealth”) who becomes involved with a 46-year-old white man, Eric (“eternal ruler”), himself in an open relationship with his (also white) wife, Rebecca (“to tie firmly”). Defying “the rules” set out by Rebecca, Edie soon finds herself crossing the threshold into the couple’s home. In cont...

Breaking Down 2020 Bestsellers by Publisher Independent publishers strike back By many measures, 2020 was an unusual year in publishing, and that extended to Publishers Weekly’s bestsellers lists. In a rare occurrence, the Big Five publishers’ hold over the adult hardcover and paperback bestsellers lists declined in 2020 compared to 2019, with independent publishers gaining ground. PW runs two hardcover and two paperback lists each week, and each list has 20 titles on it, meaning that in the course of a year there are 2,080 hardcover and 2,080 paperback positions on the lists tota...