Neill Denny - Profile and Journalist Details
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Editor, BookBrunch
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By Neill Denny Verified| Publishers Weekly Verified WH Smith has sold its 480-outlet bookstore chain, for £76 million (about $98 million), to private equity firm Modella Capital, which has renamed the business TGJones. The WH Smith brand is not included in the sale—meaning that after 250 years, the WH Smith name will no longer be associated with selling books on high streets across the U.K. Instead, the brand will be used on WH Smith’s travel stores, which it operates across 32 countries.
By Neill Denny Verified| Publishers Weekly Verified One of the featured panels at this year's London Book Fair paired David Shelley and James Daunt, two executives that each run powerful companies on both sides of the Atlantic, with Shelley serving as CEO of Hachette Book Group in the U.S. and Hachette UK, and Daunt as CEO of Barnes & Noble and managing director of Waterstones.
By Neill Denny Verified| Publishers Weekly Verified WH Smith has sold its 480-outlet bookstore chain, for £76 million (about $98 million), to private equity firm Modella Capital, which has renamed the business TGJones. The WH Smith brand is not included in the sale—meaning that after 250 years, the WH Smith name will no longer be associated with selling books on high streets across the U.K. Instead, the brand will be used on WH Smith’s travel stores, which it operates across 32 countries.
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BookBrunch
London, England, United Kingdom