Fairchild Fashion Media
 |
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| Private | |
| Industry | Media & Events |
| Founded | 1892 |
| Founder | Edmund Fairchild |
| Headquarters | New York City |
| Products | Websites, Magazines |
| Parent | Independent (1892-1968) Capital Cities Communications (1968-1996) The Walt Disney Company (1996–1999) Advance Publications (1999-2014) Penske Media Corporation (2014-present) |
| Website | www |
Fairchild Media is a publisher of fashion trade magazines, websites, and conferences for the fashion, retail and beauty industries. Fairchild Media brands include Women’s Wear Daily, Footwear News (FN), Beauty Inc, M and Fairchild Summits.
History
Fairchild Publications was founded in 1892[1] when Edmund Fairchild, a peddler, took over the Daily Trade Record (later the Daily News Record and DNR), a failing newspaper that covered the men's clothing business. In June 1910, an insert called "Women's Wear" first appeared in the Record; a month later, Fairchild published it as a standalone publication, known today as Women's Wear Daily.[2]
In 1968, the company—then named Fairchild Publications—was purchased by Capital Cities Communications.[3] In 1996, The Walt Disney Company acquired Capital Cities/ABC. In 1997, Disney announced its intention to sell Fairchild, but it wasn't until 1999 that it sold Fairchild to Advance Publications, the parent company of Condé Nast Publications, for $650 million.[4]
In 2005, Advance Publications folded Fairchild into Condé Nast Publications and rebranded the division as the Fairchild Fashion Group.[5] In 2008, it folded DNR.[6]
In 2010, Fairchild launched Menswear and took over the consumer-centric Style.com, previously part of Condé Nast Publications. In 2011, Fairchild Fashion Group was renamed Fairchild Fashion Media; in October of that year, FFM launched Style.com/Print, a print magazine extension of the brand.[7] In 2012, FFM sold its Fairchild Books division to Bloomsbury Publishing for $6.5 million.[8] The same year, it acquired Fashion Networks International, a blog network with contributors that included Anna Dello Russo, Bryanboy, Rumi Neely, and Derek Blasberg.[9]
In August 2014, Advance Publications announced that it would sell FFM, save for Style.com and NowManifest, to Penske Media Corp. for $100 million.[10]
Publications
Over the years, the company's portfolio has included the following publications:
- Beauty Inc.
- Details
- Electronic News
- Footwear News
- Golf Pro Merchandising
- Home Furnishings Daily
- Jane
- M (1983-1992; 2012-present)
- Men'sWeek
- Metalworking News
- Style.com
- Style.com/Print
- Supermarket News
- W
References
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