FTD Cos., the flower delivery mainstay that operates ProFlowers and FTD.com and No. 157 in the Internet Retailer 2019 Top 500, filed for bankruptcy protection in Delaware after a lackluster Valentine’s Day foiled efforts to find a buyer and repay debt. FTD tried and failed to sell its entire business and instead will sell itself in pieces, it said in court documents on Monday. The company reached a deal to sell its restructured North American and Latin American businesses, including ProFlowers, to a Nexus Capital Management affiliate for $95 million, according to a court declaration by CEO Scott D. Levin. It’s also selling its U.K.-based Interflora business to a subsidiary of The Wonderful Co. for $59.5 million. The company received letters of intent from strategic buyers for additional assets, Levin said. Click Read More below for additional information.
Forbes has redesigned its print magazine for the first time in eight years, modernizing the design and curating editorial to produce a more streamlined package and reading experience.
Chief Content Officer Randall Lane revealed the changes to the magazine at an event held at the Forbes on Fifth event space Tuesday night.
The changes debuted in Forbes’ fifth annual “Self-Made Women Issue,” which spotlights the most successful women entrepreneurs and executives, measured by their net worth.
Serena Williams is on the cover. The feature on the professional tennis player details her venture investments in a number of ecommerce, food, fashion and health businesses.
more at source: https://www.mediapost.com/publications/article/336726/forbes-redesigns-print-magazine-to-focus-on-cura.html