L'Officiel Magazine

Declining media budgets are turning up the pressure on creatives to self-finance editorial shoots, leaving some in debt and excluding others from the industry altogether.

This week, Beautycon names its first ever president, while, L’Officiel Italia appoints Giampietro Baudo as editor-in-chief.

The partners will support global and emerging brands with capital and marketing support.

The family-owned fashion magazine is building a global digital network and plans to monetise its English-language content through syndication and film and television projects, all with an aim to reach $100 million in annual revenue within the next three years.