Further signs that the recession is affecting the fashion industry as Condé Nast announced their plan to absorb Men’s Vogue into its parent magazine Vogue. Editor in chief Jay Fielden is the only member of the magazine to be retained in the change and will reportedly be taking his assistant with him. Hopefully the cutbacks wont be affecting Vogue Homme International.
As well as Condé Nast, Hachette Filipacchi and Time Inc. are also cutting their staff numbers as advertisers hesitate to make firm commitments. Publishers say they are having trouble getting firm, longer-term commitments from advertisers who are having to make quick and strategic decisions.