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News Oct 30, 2008 @ 2:09pm

Men’s Vogue Update: Now Vogue’s Underling

by Natalie Hormilla

mens vogue patrick dempsey.jpgThe cut backs we reported first at Men’s Vogue this morning just got some new details via a statement Conde Nast released to Media Week:

Not only is the magazine definitely cutting down their issue count to just two per year - a Spring and Fall addition - but the magazine will also be “absorbed” into Vogue.

Translation? It’ll probably become a small version that’s bagged with the regular Vogue, kind of like Fashion Rocks.

Meaning? There must be a lot of lay-offs at 4 Times Square today, especially since it’s just now been announced that Portfolio, Conde’s business magazine, will be cutting its own issue count to just ten per year, which will inevitably lead to some people being let go.

This is all coming to a head after Conde’s announcement of a company-wide budget cut of 5%.

You’d think they could dig into that by cutting back on car services and multi-day department Starbucks runs.

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Posted in Magazines, News and Business Week, Conde Nast, Economy, Fashion Rocks, Magazines, Media Week, Men's Vogue, Portfolio, Vogue

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Comments

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1

posted by guest

Oct 30, 2008 2:18PM

Does this mean Anna will have to go from 3 assistants back to 2? How will she manage?

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2

posted by guest

Oct 30, 2008 2:42PM

for reals...their transportation budget is INSANE

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3

posted by fauvism3

Oct 30, 2008 2:52PM

Natalie I agree. While I think Men's Vogue and Portfolio were seriously mismanaged and failed to hit the mark, you'd think that they would reel in the luxuries a little. I was shocked to hear that Anne Christensen and Stefano Tonchi at NYT were staying at The Ritz in Paris during this past fashion week, given the dire straits their employer is in.

I'm not saying they should stay at The Mariott Champs Elysees or anything, but there are plenty of boutique hotels that would be cheaper than the Ritz and still nice.

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4

posted by guest

Oct 30, 2008 10:26PM

'Fashion Rocks' is so annoying for so many reasons. Why don't they just get rid of that?

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5

posted by guest

Nov 14, 2008 2:09PM

please thats just a nice way of saying its not very good and cant finance it. like u said the five percent could be absorbed bt it still isnt going to sell it was awul. im a guy hu reads proberly about 6 or 7 fashion mags a month (sometimes more)and ive never even considered buyig that trash.

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