The Wealthy are Less Willing to Spend on Sustainable Products
Millennial and Gen-Z respondents were among the most likely to pay a premium for environmental-friendly practices.
Bob Sauerberg
Anna Wintour Is Not Resigning, Says Condé Nast Chief
Speculation that the Vogue editor in chief might exit her role hit a fever pitch on Thursday, after a week of racial reckoning at the publisher.
Stefano Tonchi Exits W After Acquisition by Surface Magazine Owner
Marc Lotenberg, chief executive and chairman of the newly formed Future Media Group, has named Style Director Sara Moonves editor-in-chief after acquiring the fashion magazine from Condé Nast.
Condé Nast Picks Tech Executive as New Global Chief
The ex-Pandora head Roger J. Lynch will take charge of the legacy publisher as the company aims to stem losses and transform itself for the digital age. Jonathan Newhouse has been appointed chairman of the board.
Condé Nast’s UK Titles Swing to a Loss
The publisher of British editions of Vogue, GQ and other magazines reported a $17 million loss in 2017, offering a glimpse into the challenges faced by Condé Nast as it prepares to merge its US and international units.
Dirk Standen, Editorial Head of Condé Nast’s In-House Agency, to Exit
The former editor-in-chief of Style.com headed editorial at the US publisher’s in-house agency since 2015.
Inside VOICES 2018
The rise of big tech, the power of collaboration, a multifaceted understanding of the world and social activism were among the top topics at VOICES, BoF’s annual gathering for big thinkers.
Power Moves | Bob Sauerberg Exits Condé Nast, Unilever Appoints New CEO
This week, Condé Nast's chief executive steps down amid company shakeups, while Unilever's longstanding chief is retiring after a decade in charge.
Condé Nast to Merge US and International Arms to Form Global Company
Bob Sauerberg, chief executive of the American operation, will step down after a global CEO is found. Jonathan Newhouse will become chairman of the board of directors.
Power Moves | Victoria's Secret Announces CEO, President of Condé Nast Entertainment Named
This week, Victoria's Secret appoints John Mehas as chief executive, while Condé Nast announces the president of Condé Nast Entertainment.
Condé Nast Sees Early Returns on Its Pivot to Video
Chief revenue and marketing officer Pamela Drucker Mann announces a reorganisation of the advertising division that will make it more nimble after a challenging year that has the publisher shifting its mindset in a competitive market.
How Vogue Is Selling Access
The second annual Forces of Fashion conference mixed fashion fans with designers and editors. Next up? An exclusive membership club designed to leverage Vogue’s community of editors into a new stream of revenue.
Condé Nast's Chief Digital Officer Exits
An integrated product and technology team will now report to Condé Nast chief executive Bob Sauerberg and Condé Nast International president Wolfgang Blau, deepening ties between the company's US and International divisions.
Company Snapshot
The long-time executive emerged as the new leader of fashion’s most famous publishing house, with digital and return to profitability as his primary focus.
The News in Brief
Express Files for US Bankruptcy Protection, to Close Over 100 Stores
Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday.
Nike Says Job Cuts at Oregon Headquarters to Total More Than 700
Nike Inc. will have eliminated about 740 jobs at its headquarters by late June as part of its multiyear cost-cutting plan.
P&G Lifts Annual Profit Forecast on Strong Us Consumer Demand, Easing Costs
Procter & Gamble raised its annual profit forecast on lower commodity costs and as consumers, particularly in the United States and Europe, kept buying its pricey Tide detergent and Dawn dish soap.
Frédéric Malle Steps Down From Namesake Brand
Frédéric Malle announced on Apr. 18 that he will be leaving his brand Editions de Parfums Frédéric Malle at the end of June.
With Succession in Focus, LVMH Adds Alexandre and Frédéric Arnault to Board
The two brothers join older siblings Antoine and Delphine, meaning that 4 out of Arnault’s 5 heirs now serve on the board. Bernard Arnault, age 75, has placed his controlling interest in LVMH in a stock-share partnership aimed at perpetuating family control.
Arnault Says He Hopes Tensions With China on Luxury Quiet Down
Billionaire Bernard Arnault said he hopes a planned visit to France next month by China’s Xi Jinping will help smooth trade relations between Paris and Beijing.
Vita Liberata Bought Back By Founder
Alyson Hogg, who founded the luxury tanning brand in 2003, has reacquired it from Crown Laboratories.