Fairchild Media is a publisher of digital media, journalism, photography and design, events and summits, video and studios, and fashion. Fairchild Media brands include Women’s Wear Daily, Footwear News (FN), Beauty Inc, M and Fairchild Summits. Fairchild Media is a division of Penske Media Corporation (PMC), and is the leading source of fashion news and analysis for industry leaders and the global fashion community.
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Media & Events |
| Founded | 1892 |
| Founder | Edmund Fairchild and Louis E. Fairchild |
| Headquarters | New York City (475 Fifth Ave 3rd Floor New York, NY 10017) |
| Products | Websites, Magazines |
| Parent | Capital Cities Communications (1968–1996) The Walt Disney Company (1996–1999) Advance Publications (1999–2014) Penske Media Corporation (2014–present) |
| Website | www |
History
editFairchild 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] John Fairchild, grandson of Edmund Fairchild assumed management of Women’s Wear Daily in 1955 and transformed it from a trade journal to a leading fashion and cultural newspaper.[3]
In 1968, the company—then named Fairchild Publications—was purchased by Capital Cities Communications.[4] 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.[5]
In 2005, Advance Publications folded Fairchild into Condé Nast Publications and rebranded the division as the Fairchild Fashion Group.[6] In 2008, it folded DNR.[7]
In 2010, Fairchild launched Menswear[8] 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.[9] In 2012, FFM sold its Fairchild Books division to Bloomsbury Publishing for $6.5 million.[10] The same year, it acquired Fashion Networks International, a blog network with contributors that included Anna Dello Russo, Bryanboy, Rumi Neely, and Derek Blasberg.[11]
In August 2014, Advance Publications announced that it would sell FFM, save for Style.com and NowManifest, to Penske Media Corp. for $100 million.[12]
Publications
editOver the years, the company's portfolio has included the following publications:
References
edit- ^ Palmeri, Christopher (August 19, 2014). "Penske Media Buys Fairchild Trade Magazines". Bloomberg News. Retrieved 30 August 2014.
- ^ Axelrod, Nick (July 31, 2008). "The Changing Face of WWD". The New York Times. Retrieved 30 August 2014.
- ^ Horyn, Cathy (20 August 1999). "THE MEDIA BUSINESS; Breaking Fashion News With a Provocative Edge". The New York Times. Retrieved 2 June 2019.
- ^ Godfrey, Donald G.; Leigh, Frederic A. (January 1, 1998). Historical Dictionary of American Radio. Greenwood Publishing Group. p. 62. ISBN 0313296367. Retrieved April 13, 2015.
- ^ Kuczinsky, Alex (August 20, 1999). "Merger Planned for 2 Giants of Fashion Publishing". The New York Times. Retrieved 30 August 2014.
- ^ Bosman, Julie (September 27, 2005). "A Consolidation at Condé Nast Gives Magazines One Overseer". The New York Times. Retrieved 30 August 2014.
- ^ Times, L.A. (November 24, 2008). "DNR RIP, men's fashion trade paper dead at 116". The Los Angeles Times. Retrieved 30 August 2014.
- ^ . ISBN 1563674653.
{{cite book}}: Missing or empty|title=(help) - ^ Wilson, Eric (October 26, 2011). "Finally, the Web at Hand". The New York Times. Retrieved 30 August 2014.
- ^ Publishing, Bloomsbury (April 2, 2012). "Acquisition of Fairchild Books". Bloomsbury Publishing. Retrieved 30 August 2014.
- ^ Wicks, Amy (May 15, 2012). "Fairchild Fashion Media Acquires Blogger Network". Women's Wear Daily. Retrieved 30 August 2014.
- ^ Bazilian, Emma (August 19, 2014). "Condé Nast Sells Fairchild Fashion Media to Penske". Adweek. Retrieved 30 August 2014.
- ^ "Metal statistics., by American Metal Market Company | the Online Books Page".