Falling $A bolsters Bookworld’s fight against Amazon

Original article by Sue Mitchell
The Australian Financial Review – Page: 19 : 10-Apr-15

IBISWorld estimates that sales of books online have risen by 26 per cent annually over the last five years, compared with a five per cent-plus annual decline in retail book sales over the same period. Bookworld has benefited from the Australian dollar’s 18 per cent fall against its US counterpart in the last eight months, as it has made the online bookseller’s prices more competitive against offshore rivals. Bookworld now boasts about 1.5 million registered customers

CORPORATES
BOOKWORLD, ANGUS AND ROBERTSON PTY LTD, BORDERS GROUP INCORPORATED, AMAZON.COM INCORPORATED, THE BOOK DEPOSITORY LIMITED, DYMOCKS BOOKSELLERS PTY LTD, IBISWORLD PTY LTD, REDGROUP RETAIL PTY LTD, PEARSON GROUP PLC, RANDOM HOUSE AUSTRALIA, SAP AG, BOOKTOPIA PTY LTD

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