Ad Pages at Top Luxury Mags Plunge 22% in December, Year Over Year
November 24th, 2008
The bulwark of high net work consumers’ continued spending on luxury products — which had continued to support magazine publishers earlier this year — has given way. A sign of the times: designer Marc Jacobs’ lavish Holiday party has been cancelled, after an 18-year run. The New York Times (Nov. 23, 2008)
Tags: luxury ad spending, Marc Jacobs