New York Post: Is Anna Wintour Out At Vogue

April 3. 2018

Anna Wintour

The New York Post is reporting that British fashion legend, Anna Wintour, 68, is out as editor and artistic director of Vogue magazine. However, Conde Nast, the owner of Vogue magazine, is denying the New York Post's claim. Recently, Conde Naste issued a statement on the matter, "We  emphatically deny these rumors."

Conde Nast has been losing $100,000,000 per year. The company has closed Teen Vogue, Details and Self magazines. The fashion industry has taken a financial hit due to the internet. Many people are turning to fashion sites and blogs, which has eaten into newspaper and magazine sales.

Newspapers and magazines have tried to adopt to the new model but need to do more in gaining advertising sales to preserve jobs. Some sites have tried to put content behind a paywall, but many people have not opted to pay for subscriptions. Once again, building up online advertising is key to saving these companies.

STORY SOURCE

Is Anna Wintour out at Vogue?

April 2, 2018 | 6:05pm - It is almost beyond the fashion world’s wildest imagination, but the chatter coming out of Condé Nast and the publishing industry has reached a deafening crescendo — Anna Wintour could be on her way out of Condé and Vogue as artistic director...

The move would also allow Wintour, 68 — who has for three decades been fashion’s ultimate power broker — to step aside on a high after closing Vogue’s all-important September issue. But Condé Nast strongly denies Wintour is going. A Condé corporate spokesperson told Page Six on Monday, “We emphatically deny these rumors,” but declined to comment more specifically on Wintour’s plans...

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