Book Manufacturers’ Institute Announces 2024 Award Winners and New Board Members

The redesign includes a vibrant and elevated approach to photography and visuals, updated layouts and formats, and a revamped editorial lineup. The dynamic refresh offers a modern, easy-to-navigate format with an opportunity for readers to engage with Rachael on a personal level. Rachael Ray Every Day restructured the magazine, creating four distinct departments: •On Our Radar: A bitsy, beautiful front-of-book section full of news and trends spotted by Rachael herself and our team of in-the-know editors. •Real Food: A series of visually distinct recipe franchises that hit the busy person's bull's-eye—fast, easy, fresh, and delicious. •The Well: Where zeitgeist-y stories get the deep-dive treatment with lush, sumptuous food photography and spectacular design. •Real Life: All about your home and the people (and animals!) who fill it—interior upgrades, DIY decorating, entertaining, family moments, and heartstring-tugging pet stories. Click Read More below for additional information.

Key highlights for the 12 months: *Group sales declined by 10% and we expect to report adjusted operating profit in the range of £310m-£315m at an average USD:GBP exchange rate of 1.28; with portfolio changes, inflation and the trading impact of COVID-19 partially offset by restructuring savings. *Global Online Learning sales grew 18% due to strong enrolments in new and existing schools in Virtual Schools and good sales growth in Online Program Management (OPM), with growth in continuing programs partially offset by discontinued programs. *Global Assessment sales declined 14%, reflecting the impact of test centre closures during the lockdowns in H1 in Professional Certification, with pent up demand in the second half partly moderated by Q4 lockdowns. Cancellation of Spring testing impacted US Student Assessment and school closures impacted US Clinical Assessment. *North American Courseware declined 13% with US Higher Education Courseware revenue down 12%, with good growth in digital registrations and eBooks and a further decline of higher priced package and print sales. At the end of 2020, over 70% of US Higher Education Courseware revenue was digital. *International declined 19% due to school and test centre closures and the continuing impact of COVID-19 on public and private spending on courseware and assessments.

Sycamore Partners today announced that it has completed its acquisition of Staples, Inc. (the "Company"). "We are pleased to have completed this transaction and look forward to partnering with CEO Shira Goodman and the Staples management team as we seek to increase long-term profitability," said Stefan Kaluzny, Managing Director of Sycamore Partners. "With the support of its dedicated associates, Staples is well-positioned to leverage its iconic brand and leading competitive position to drive even greater value for its business-to-business and retail customers in the U.S. and Canada." Click Read More below for additional detail.