MissMagAddict
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^Interesting...I really like Common & Sense Man
Thank you for the info mishahoi
Source | WWD
Thank you for the info mishahoi
Source | WWD
FIRST-HALF FUMBLES: If publishers weren't nervous about the economic downturn a few months ago, they should be petrified by now. According to Media Industry Newsletter, most fashion magazines reported significant declines in ad pages for the first six months of the year, as the broader recession has clearly begun to affect the magazine business. And, if June is any indication of things to come (with many fashion titles posting double-digit declines for their June issues), publishers are going to be hard-pressed to grow business over the course of 2008.
Overall, the luxury fashion magazines are still performing better than the mass market titles — as most will argue, the rich keep shopping no matter the state of the broader economy, and luxury brands are still doling out dollars to market to that fat-pocketed demographic. Among the high-end fashion titles, Elle and Harper's Bazaar are reporting gains and Vogue and W are reporting relatively flat numbers. At Elle, which tacked on page gains for every issue in the period except June, ad pages jumped 6 percent through June, to 1,175. Harper's Bazaar increased ad pages 9 percent, to 890. Vogue reported flat numbers, coming in at 1,328 ad pages. W reported a 2 percent drop in ad pages, to 878.
Meanwhile, the mass titles were challenged during the first half. Cosmopolitan posted a 15 percent decline in ad pages, to 791, a loss of 141 pages for the six-month period. Glamour's ad pages dipped 8 percent, to 859, and Marie Claire reported a 7 percent decrease, to 600. In Style, which is prepping for a major redesign with its August issue, reported a 9 percent decline in ad pages, to 1,349. Shopping magazine Lucky reported a 13 percent decline in ad pages, to 718, and More, which lost editor Peggy Northrop to Reader's Digest late last year, reported a 23 percent drop in ad pages, to 452. With such dismal results for the first half of the year, publishers are going to be under pressure to drum up business for those usually advertising-heavy September issues to make up their losses. But even matching last year's results in this climate seems unlikely — several magazines trumpeted their best Septembers ever in 2007, before the full brunt of the economic downturn took hold.