QRT meaning in Business ?

The Quarto Group is a global illustrated book publishing group founded in 1976. It is domiciled in the United States and listed on the London Stock Exchange.

Quarto creates and sells illustrated books for adults and children, across 50 countries and in 40 languages through a variety of traditional and non-traditional channels. Quarto employs c.330 people in eight offices in London, Brighton, New York City, Boston, Seattle, Southern California and Hong Kong. In July 2020, its publication 'This Book Is Anti-Racist' by Tiffany Jewell reached the Number 1 position on The New York Times bestseller list.

The group was established by co-founders Laurence Orbach and Robert Morley and was listed on the London Stock Exchange in 1986. Laurence Orbach was chairman and CEO until November 2012, when he was replaced as chairman by Tim Chadwick and Marcus Leaver as CEO.

Chuk Kin Lau, the principal shareholder, became Group CEO in July 2018. In February 2020, the Italian publisher, Giunti took a significant shareholding.

In September 2020, Chuk Kin Lau became President and Polly Powell was appointed Group CEO.