NEW YORK, United States — Susan Sontag once said “fashion is fashion photography.” She might have added: “and fashion photography is the magazine.”
Indeed, it’s hard to overestimate the importance of magazines to the fashion system. More than the runway, the boutique, the boulevard, or the internet, glossy physical magazines are still the primary place where fashion lives and the most powerful pathway for its transmission.
But in the first few weeks of 2009, the outlook for powerhouse fashion publishers like Condé Nast (which has almost monopolized high-end magazines) looks decidedly grim. In response to the recession, advertisers are slashing their marketing spend.



