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Rumors of Hearst Editor Being Axed Surface

Today WWD asks “Is a fashion editor’s head on the table in the Hearst Tower?” While we don’t know why that would be true, rumors can be fun (as long as they’re not about us losing our job), so let’s take a look at which editor the writer’s at WWD think is going to get fired.

Immediately ruled out is Joanna Coles, who apparently just signed a new deal to stay Editor-in-Chief at Marie Claire for awhile. There’s some guessing that it might be Cosmo’s Kate White, but the final target appears to be Harper’s Bazaar’s Glenda Bailey. Apparently things haven’t been going so well at the magazine:

Harper’s Bazaar finished the first half of 2011 down 5.4 percent in ad pages and circulation numbers so far this year are behind those of 2010. The book missed its rate base for January, February and March, according to data from the Audit Bureau of Circulations.

There’s no evidence that Bailey is going to be fired, and a few sources even tell WWD that there isn’t anything to the rumor, but good gossip isn’t always correct gossip. It just gets people talking.

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