Concern for children's book market as The Book People fails to find buyer

Concern for children's book market as The Book People fails to find buyer

Trade figures have said the failure of The Book People to find a buyer, leading to 155 redundancies, could have ramifications for the children's book market. 

The company went into administration on 16th December, appointing Toby Underwood and Zelf Hussain from PricewaterhouseCoopers as joint administrators and blaming a “difficult trading environment” for its woes.

But, on 10th January, it was announced the company, which employed 393 people and specialised in selling children’s books, had not found a buyer, although it would trade online for now "whilst any remaining interest is explore...

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