Celebs fail to halt slide in fortunes at Waterstone's

Falling sales of celebrity biographies and travel books have hit high street books chain Waterstone's, the firm’s owner has revealed.

Waterstone's parent HMV said like-for-like sales at its bookstore arm were down 4.5% in the last 16 weeks of its financial year, a further slide from the 3.8% fall it experienced across the 12 months.