USPS Holiday Shipping and Mailing Deadlines Announced

10 Missions Media, the leading business-to-business publisher in the automotive industry, has acquired the automotive aftermarket division of Bobit Business Media, a deal that adds Modern Tire Dealer and Auto Service Professional to 10 Missions Media’s publishing portfolio that already includes FenderBender, Ratchet+Wrench, National Oil and Lube News, and ADAPT. In the deal, which closed June 11, 10 Missions Media also takes on ownership of Dealer Strategic Planning (DSP) 20 Group, a training operation for tire dealers.

Urban Outfitters, Inc. announced net income of $59 million and earnings per diluted share of $0.64 for the three months ended July 31, 2022. For the six months ended July 31, 2022, net income was $91 million and earnings per diluted share were $0.96. Total Company net sales for the three months ended July 31, 2022, increased 2.2% over the same period last year to a record $1.18 billion. Total Retail segment net sales increased 1%, with comparable Retail segment net sales also increasing 1%. The increase in Retail segment comparable net sales was driven by low single-digit positive digital channel sales, while retail store sales were flat. By brand, comparable Retail segment net sales increased 8% at the Free People Group and 7% at the Anthropologie Group and decreased 9% at Urban Outfitters. Wholesale segment net sales increased 1%, driven by a 4% increase in Free People Group wholesale sales, partially offset by a decline in Urban Outfitters wholesale sales. Nuuly segment net sales increased by $18.8 million driven by a significant increase in our subscribers.

Bauer Media Group has posted its annual circulation figures for its UK Publishing business for 2023. The figures show that Bauer’s portfolio of brands retained their significant newsstand sales while continuing to expand their digital presence. Commenting on the results, Chris Duncan, Bauer Media’s CEO of UK Publishing said: “We are extremely proud to see Bauer retain its position as the UK’s biggest publisher of consumer magazines with a set of results that demonstrate the wide reach of our brand portfolio, both in print and digitally. Our continued position as the leader across many markets is a true testament to our teams’ ability to produce content that consistently attracts highly engaged and loyal audiences.” “A heartfelt thanks goes out to all our hardworking teams, retailers and advertisers, and our millions of loyal readers. Bauer remains committed to working with our partners to continue to innovate and evolve our exceptional content in 2024.”