The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
The publisher of Vogue, GQ and Vanity Fair is trying to cut down on office costs by reducing the rent and square footage at its US headquarters, reported the Wall Street Journal. The publisher owed $2.4 million in January 2021, according to a bond document filing from the Port Authority of New York and New Jersey, the co-owner of One World Trade Centre.
Before the pandemic, Condé Nast had already started cutting back on the size of its space in the famous building, subleasing 150,000 square feet to other businesses.
The publisher is also reportedly looking to lease office space in New Jersey for some of its operations.
“Advance continues to be in discussions about bringing the lease in 1WTC into line with current market conditions and its ongoing needs at that location,” a representative for Advance, Condé Nast’s parent company, told the WSJ. “We are also considering alternative solutions to address these requirements.”
The race to dress fashion’s biggest stars has gotten tighter — and brands are deploying fresh, social media-friendly tactics to generate buzz.
The Business of Fashion is seeking candidates for a six-month, part-time, paid reporting fellowship with our editorial team, designed to empower aspiring Black journalists.
The stylist is set to unveil a bi-annual print magazine and digital platform, with a team that includes Holly Shackleton and Fran Burns.
Luxury book publishers — and husband and wife — Prosper and Martine Assouline join BoF founder and editor-in-chief Imran Amed to discuss the genesis of their publishing business and how they are growing it into a global lifestyle brand.