The NYT Reports on Cost-Cutting at Condé Nast
September 28th, 2009
The article suggests that, as a company whose products celebrate and promote luxury, Condé Nast won’t forswear Town Cars and catered lunches entirely. But with newsstand sales contributing $2 million less revenue in the first half of this year than last and ad pages down by a third in the first eight months of the year, change is coming. The New York Times Sept. 27, 2009
Tags: Conde Nast, cost-cutting