- Michaels has acquired Joann’s intellectual property and private labels as its own customers’ interest in sewing grows, the company said Thursday. Michaels did not acquire any physical Joann locations as part of this transaction, a company spokesperson said by email.
- The spokesperson declined to disclose the purchase price and didn’t address questions about how it might use Joann’s logo or other trademarks, except to say it will be developing Joann private brands Big Twist Value Plus, Big Twist Twinkle, Big Twist Posh and Big Twist Baby Bear.
Joann’s future a mystery as Michaels snaps up IP, private labels | Retail Dive
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HarperCollins Christian Publishing is moving the Zondervan Books and Zondervan Thrive imprints from Grand Rapids, Mich., to HCCP’s corporate office in Nashville. The move, HCCP said, will allow it to share best practices across the company’s trade book publishing program for both the Thomas Nelson and Zondervan publishing groups. “Creating a more cohesive structure for our trade book publishing imprints allows for us to manage our nonfiction brands under Don Jacobson’s leadership,” said Mark Schoenwald, president and CEO of HarperCollins Christian Publishing and HarperCollins Focus, in a statement. “We believe that having the Zondervan Books and Zondervan Thrive leadership in Nashville will help the teams better manage author relationships and allow them to collaborate on larger corporate initiatives.”
Reader’s Digest is publishing a unique issue this week, curating its most successful digital health content to create a special “Ultimate Health Guide” print issue. The “Ultimate Health Guide” is available on newsstands beginning this week. It will have a circulation of about 400,000 and a cover price of $4.99. The issue features a special report on the silent symptoms that signal a potentially serious health concern and how to identify them to reduce the medical risks. The issue also examines ways that readers can deal with common health problems, such as headaches, joint pain, insomnia and stomach problems. Click Read More below for more of the story.