German book sales down marginally

German book sales down marginally

In time for the annual industry conference later this month in Leipzig, the German trade association Börsenverein des Deutschen Buchhandels has released its economic data for 2015. For the second year in a row sales of books and journals were down, this time marginally by 1.4% to €9.2bn (£7.2bn).

While the figure was in line with expectations, the way the cake has been divided gives reason for concern. After two years in which brick-and-mortar bookstores finished ahead of the online competition, fortunes have been reversed in favour of the internet - and by some margin. Online sales were u...

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