Hachette to Break Through ‘Silos’ As It Restructures Women’s Magazines (WSJ)
“This week, the New York publisher will take what it says is a big step toward fortifying itself, reorganizing its women’s magazines, which make up the bulk of its business.”
J. Crew Group cuts jobs, suspends 401(k) plan (Forbes)
J. Crew will cut 95 jobs and 401k plans to help save on costs.
Niche Web Sites Buck Media Struggles (WSJ)
While old media struggles, online publishers are seeing revenues rise.
Luxe Houses Cut Costs (WWD)
“As the global recession bites into luxury sales, store openings and events are being canceled or postponed, sample collections downsized, advertising budgets slashed, and workforces trimmed.” (Subscription required)