Newsstands Sales Way Down
Going Like Sixty — July 29, 2008 — Celebs
References: portfolio
Fashion magazines -- including big names like Vogue, Teen Vogue, Marie Claire, Glamour and Elle -- saw big drops in their sales in the last six months.
Like most other print, they are no doubt losing readers rapidly to sites like Trend Hunter. Even the mighty Oprah saw her O magazine fall in double digit percentages.
Some high powered editors have left. Amy Gross left O and Joanna Coles took over Marie Claire two years ago. Even powerhouse Cosmopolitan, the highly quoted magazine and Hearst Corps' most profitable title, dropped almost 7%. Seventeen joined Teen Vogue in seeing a big drop in the numbers.
Like most other print, they are no doubt losing readers rapidly to sites like Trend Hunter. Even the mighty Oprah saw her O magazine fall in double digit percentages.
Some high powered editors have left. Amy Gross left O and Joanna Coles took over Marie Claire two years ago. Even powerhouse Cosmopolitan, the highly quoted magazine and Hearst Corps' most profitable title, dropped almost 7%. Seventeen joined Teen Vogue in seeing a big drop in the numbers.
Trend Themes
1. Digital Takeover of Print Magazines - Opportunity for digital platforms like Trend Hunter to provide online and mobile versions of fashion magazines and capitalize on the declining numbers of print sales.
2. Disruption of Traditional Fashion Media - Opportunity for alternative fashion media outlets to rise and offer diverse and fresh perspectives on fashion.
3. Personalized Fashion Content - Opportunity for fashion magazines to leverage data and AI to create personalized content for their readers, offering a unique experience that cannot be replicated on digital platforms.
Industry Implications
1. Fashion Publishing - Time for fashion publishing to reevaluate its business models and pivot towards digital publishing.
2. Digital Media - Digital media stands to gain from the decline of print sales, provided they offer innovative and valuable content to fashion enthusiasts.
3. Data and AI Solutions for Fashion - Opportunity for data and AI companies to partner with fashion publishers and offer personalized content to readers based on their preferences and behaviors.
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