Condé Nast Britain in 2017 lost $17.3 million as sales declined. The poor top-line results indicated its U.K. operation wasn’t any more immune to negative sales trends than its sister company in the United States.

Adding insult to injury, that sales slump occurred as the economy expanded.

If a company ever needed a CEO to come up with a new strategy and clean house, it’s Condé Nast. Read more…

Condé Nast falling out of fashion
https://www.thetimes.co.uk/article/cond-nast-falling-out-of-fashion-zlkblqn8n

Condé Nast’s UK Titles Swing to a Loss
https://www.businessoffashion.com/articles/news-analysis/conde-nasts-uk-titles-swing-to-a-loss

Vogue publisher Condé Nast reports annual loss of £14m
https://www.theguardian.com/media/2019/jan/03/vogue-publisher-conde-nast-annual-loss

Conde Nast UK tumbles to £14m loss
https://www.campaignlive.co.uk/article/conde-nast-uk-tumbles-14m-loss/1522015

Condé Nast accounts reveal UK loss in 2017
https://www.ft.com/content/f3c91ef6-0f74-11e9-a3aa-118c761d2745