>> Conde Nast announced today that all editorial and business operations for W magazine will be moved out of the Fairchild Fashion Group, which currently includes WWD, WWD.com, and Footwear News among its purveyance. The senior editorial staff currently shared by W and WWD now exclusively work for WWD, and Patrick McCarthy, chairman of the Fairchild Fashion Group, will continue in his role through the end of the year.
Conde Nast CEO Chuck Townsend noted of the restructuring: “This formally establishes a structure for W consistent with our other consumer magazine titles, and allows FFG the autonomy to focus on their core business-to-business publications and related businesses.” Thomas J. Wallace, editorial director of Conde Nast, will name an editor-in-chief of W in the coming months. Fashionista suggests that internal options for the job include W's executive editor Bridget Foley or deputy editor Julie Belcove, who currently writes the editor's letter, but it's also a strong possibly that with the sharp decrease in advertising sales the magazine experienced last year (down 45.8 percent), a new face may be brought on.
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