Yesterday, when the news that Fairchild Publications — the Condé Nast–owned group comprising Women's Wear Daily, Footwear News, WWD Beauty Biz, and M — was being sold to Penske Media Corporation, it seems appropriate that most people in the industry found out via a WWD news alert. As regular readers know, WWD is the industry source where Armani's quarterly earnings run cheek by jowl alongside an array of scoops about fashion-week front-row denizens. It's known as the "fashion bible" for a reason. (Full disclosure: I worked there from 2006 to 2010.) The deal also gives Penske ownership over Fairchild's rich archive, which is already a resource for design houses and researchers, and could be a gold mine for all manner of projects — retrospective books, documentaries, you name it.
Via: With WWD Free of Cond, the Gloves Can Come Off
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