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Posts Tagged ‘Women’s Wear Daily’

Jay Penske Tells WWD Employees About the Money They’ve Been Losing

FFMLogoNew York Times reporter Laura M. Holson has the details of meetings chaired by Jay Penske with Women’s Wear Daily staff the day after the announcement of his acquisition of Fairchild Fashion Media.

The meetings took place on Third Avenue, in a seventh floor conference room. But the number that jumps out from Holson’s article is much larger: $50 million, or the amount Penske told gathered employees that Fairchild has lost over the past five years:

Through a spokeswoman, Mr. Penske declined to be interviewed. But Gerry Byrne, the vice chairman of Penske Media Corporation, confirmed Mr. Penske’s plans for WWD’s digital and overseas expansion.

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Penske to Acquire Fairchild Fashion Media

FFMLogoCondé Nast wouldn’t comment. But according to New York Times media reporter Ravi Somaiya, Jay Penske is about to add an impressive group of media properties to his PMC empire.

From Somaiya’s report:

Condé Nast plans to sell Fairchild Fashion Media, the group behind trade publications like Women’s Wear Daily and Footwear News, to Penske Media for around $100 million, according to a person familiar who has been briefed on the deal.

Fairchild’s employees will go with the new company, the person, who spoke on condition of anonymity to reveal an as-yet unannounced deal, said.

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Roy Greenslade’s Take on the Daily Mail

Nina Jones, London correspondent for Women’s Wear Daily, has shared a thought-provoking Q&A with Roy Greenslade, media critic for both The Guardian and Evening-Standard. FishbowlNY was especially taken with the journalist’s thoughts on the success of Mail Online, the world’s most read daily newspaper website.

MailOnlineHomePage_August15_2014

Greenslade frames the gargantuan success of Mail Online as a rebirth of tabloid journalism. He goes on to suggest that those toiling in the operation’s titillation-trenches view their positions very much as a mixed blessing:

“I know many of the young people who work on Mail Online, and the truth is they can’t get any other jobs. They hate doing it, they hate rewriting everyone and scouring the magazines and writing silly captions about scantily clad celebrities, but the decline of the number of journalism jobs means that they are virtually forced to sell their souls to go and do that.”

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Beverly Johnson Recalls a Very Skeptical Newsstand Guy

BeverlyJohnsonAugust1974CoverThe cover was historic. When the August 1974 issue of Vogue arrived with Beverly Johnson on the front, it marked the first time in the magazine’s history that an African-American model had been showcased in such a fashion.

To mark the issue’s 40th-year anniversary, Women’s Wear Daily New York correspondent Rosemary Feitelberg recently caught up with Johnson and got this great memory:

“I was in my first New York apartment on the East Side — mattress on the floor, candles,” Johnson said. “I threw on my jeans and ran to the newsstand. All these people were rushing to work trying to buy their papers so I had to wait. Of course, I didn’t have any money on me.”

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WWD Launches iPad App

Lots of apps being released these days.

Women’s Wear Daily has released an iPad app that features a digital edition of the paper, delivered daily at 12:01am EST, in addition to features like enhanced article view, slide shows with bonus images not available in the paper, and a live feed with news from WWD.com’s “EYE” section.

“We have a global readership who relies on WWD to arm them with the news they need for the upcoming day,” said Ed Nardoza, editor-in-chief. “This app delivers our content in a mobile format that allows for access anytime, anywhere.”

WWD’s iPad App is available for download from Apple’s App Store. For existing print or online subscribers, the iPad edition is free of charge as part of their subscription. Non-subscribers can purchase a bundled  subscription including print, digital and iPad for $169 or just the iPad only subscription for $129.99 for the year or $12.99 monthly.

The paper is expanding in other ways as well. Last Wednesday it launched a weekly new column called ChinaFile by Huang Hung who is being hailed as China’s Anna Wintour.

T Magazine Flubs Golden Globe Coverage

t-logo-190.gifFar be it for us to take anyone to task for mistakes in their copy — especially on a micro-blogging system like Twitter where timeliness is almost more important than content — but when you write sloppily under a corporate account you run the risk of alienating not only your readers, but your employer as well.

Take this weekend’s Golden Globe coverage at T: The New York Times Style Magazine: an egregious error in the publication’s Twitter account for The Moment blog and a snarky opening remark to the wrap-up coverage was all it took for blogs to descend on T and tear it to shreds.

Horacio Silva is guilty only of not doing a preliminary Google search before Tweeting, “Is Michael C. Hall playing Bob Marley in an upcoming movie? Don’t get the hat or what he is hiding under it.” It was revealed last week that Hall was battling Hodgkin’s lymphoma, and ostensibly the hat was to cover his lack of hair from chemotherapy.

Silva apologized on Twitter, and released a statement on Tuesday to Women’s Wear Daily, saying:

“It was a question I posed entirely without malice…I know from the effect it had on my family, how devastating cancer can be and it’s not something that I take lightly. I apologize for any hurt that I may have caused.”

Criticism has also been pointed towards executive editor Andy Port for her comments about female celebrities’ bodies in an after-show wrap-up. Below pictures of Courtney Cox, Jennifer Aniston and Kate Hudson, Port wrote, “Maybe it’s just me, but I could have sworn that some of the ladies who showed up at the Golden Globes on Sunday had put on a little weight.”

If this comment had come from a male columnist, it would have undoubtedly been called sexist, though considering Port’s ambiguous name (another issue we totally relate to!), we wonder how many T readers wrote in complaining anyway?

Read More: Memo Pad: Online Under FireWWD

Now Scrutinizing | A Rounder Golden Globes — T Magazine, All the Actresses at the Golden Globes Were So Fat, Weren’t They? –Gawker

Lucky Publisher Gina Sanders Picked To Lead Fairchild

PHOTO of Gina.jpgIt didn’t take long for Condé Nast to find a replacement for Richard Beckman. The magazine publisher has dipped into its own pool of publishers and picked Lucky publisher Gina Sanders to lead the Fairchild Fashion Group, which publishes Women’s Wear Daily.

Sanders joined Lucky in 2008 from Teen Vogue, where she was also publisher, during a major restructuring at Condé. She started her career at the publishing house more than 20 years ago, at House & Garden and went on to work at Details and Gourmet before Teen Vogue.

Sanders is replacing Beckman, who left the company last week to join newly formed media company e5 Global Media, starting on February 1.

Full release after the jump.

Previously: Breaking: Beckman Leaves Conde Nast

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Former WWD Publisher To Launch Specialty Retailer Trade

specialty insider.jpgOn the day that we learn that Richard Beckman, the CEO of Women’s Wear Daily publisher Fairchild Publications, is stepping down, comes news that former WWD group publisher Ralph Erardy has started his own media company and is preparing to launch a retailer trade magazine of his own by the end of the month.

Just over a year since Erardy was let go from Fairchild in a shake-up at the Condé Nast-owned trade publisher, he has launched Insider Communications Group and plans to debut his new pub, Specialty Insider magazine, on January 25.

Erardy said he’s drawing on the talent of people he worked with previously at WWD, whose jobs were also eliminated in the past year, to launch the quarterly. But why now?

“Launching a new magazine that fills a critical gap in the market fulfills a long-standing goal to provide a much-needed guide that responds directly to my ongoing conversations with specialty retailers and advertisers,” Erardy says in an open letter. “Specialty Insider is a unique publication that empowers both buyers and sellers to improve their businesses.”

And just in case you thought Erardy could use the opportunity of Beckman’s departure to target his former pub’s audience, he told Folio that Specialty Insider would not be directly competing with WWD: “It wouldn’t be wise to compete with WWD. No one does retail news better so we’re not going in that direction. Specialty Insider will focus on retailers surviving the fashion industry at retail.”

Read more: Former WWD Group Publisher To Launch Retailer Trade TitleFolio

Erardy’s Open Letter

Breaking: Beckman Leaves Condé Nast

beckman.jpgIt’s official: Richard Beckman, chief executive of Women’s Wear Daily publisher Fairchild Fashion Group resigned this morning. He is leaving the Condé Nast division to become CEO of e5 Global Media, a recently created media company that purchased The Hollywood Reporter, Billboard, MediaWeek and AdWeek from Nielsen last month, in a move first reported by The New York Post.

Beckman moved from his position as president of the Condé Nast Media Group to Fairchild last March, a move that was seen by many in the industry as a demotion. Condé Nast has yet to name a replacement.

Update: The Hollywood Reporter writes today about the new CEO of its parent company: “Beckman said his career and passion have focused on music, entertainment and media, ‘making this collection of brands particularly alluring to me.’ He added: ‘I look forward to developing these valuable brands and improving and extending them in the years to come.’”

Read more: Beckman Resigns as Fairchild CEOWWD

Conde rainmaker Richard Beckman eyes exitNew York Post

Previously: Richard Beckman Named President, CEO of Fairchild, Investor Group Buys Eight Nielsen Brands

Condé Nast Plans Men’s Wear Trade

dnr cover.jpgAs we mentioned last week, on New Year’s Eve Mediaweek reported on rumors that Condé Nast‘s Fairchild Fashion Group, which publishes Women’s Wear Daily, is working on a trade publication that will focus on the men’s wear market.

This report adds intel that the publication is set to launch in June, and it will be led by WWD‘s editor Ed Nardoza and publisher Marc Berger, the former Men’s Vogue publisher who was brought on as publisher of Footwear News, another Fairchild trade pub, in June.

Mediaweek was also unclear how the new magazine would differ from DNR, which Condé folded into WWD just over a year ago. If it turns out to be a weekly, the new pub will likely be the same as the shuttered 115-year-old trade magazine, but if it turns out to be a monthly, it will look more like Menswear, DNR‘s sister pub that also closed up shop in 2008.

Read more: Condé Nast to Launch Fashion Trade PubMediaweek

Previously: Year-end Condé Nast News

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