Looks like the 5% cut at Conde Nast has finally hit magazines other than those most closely associated with Vogue:
Portfolio’s blog (which, you probably know, is owned by Conde Nast) reports that Lucky let three mid-level editors go today, though Conde Nast is still mum on any more details.
It’s no wonder the title might be facing some trouble - it bills itself as the magazine “about shopping,” an activity that’s seen better days given the current state of everybody’s checking accounts.
No word yet on exactly which editors were let go, or whether there will be more cuts at more Conde titles. But stay tuned.
posted by guest
Nov 18, 2008 9:56PM
I love Lucky but the items shown are usually ridiculously priced. I use it more like a lookbook.