20 August 2014

Condé Nast sells WWD to Penske Media

Condé Nast today announced it plans to sell the US-based trade publishing assets of Fairchild Fashion Media (FFM) to Penske Media Corporation (PMC). The transaction includes business-to-business brands Women’s Wear Daily, Footwear News, Beauty Inc, M and the Fairchild Summits. Consumer brands Style.com and NowManifest will remain at Condé Nast. The deal is expected to close in September 2014 and financial terms and details were not disclosed.

Twitter: @CondeNast

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Condé Nast in 'in-house PR

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