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…