“IT’S A SNAP: Hearst is in the process of developing a new product with Snapchat, WWD has learned. Luke Crisell, who was hired by Hearst’s digital arm about six month ago to work on special projects, heads up the project. Crisell, a former editor in chief of fashion company Aritzia, is said to bring an e-commerce element to the Hearst/ Snapchat product, sources say. The new special projects guru has been interviewing fashion market editors to join his team, adding to the e-commerce speculation.”

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“It was another hard year for the print industry as newsstand sales fell by 11 percent over the course of 2014, according to MagNet. Of the big publishing houses, Hearst and Condé Nast were, perhaps unsurprisingly, hit the hardest, posting 18.8 percent and 14.8 percent decreases, respectively. Time Inc. fared a bit better, posting just a 3.4 percent loss.”

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  1. Hearst, Estée Lauder Flipboard Launch Brand Magazine
    Estée Lauder teamed with Hearst Magazines Digital Media to create a new Flipboard brand magazine titled Estée Lauder Beauty Book.
  2. Mobile Shopping Companion Clutch, Raises $5M Series B, Acquires Gift and Loyalty Platform Provier ProfitPoint
    Clutch, a mobile application for iPhone and Android which aims to combine gift cards, coupons, comparison shopping, gifting, and personalized recommendations all under one roof.
  3. Orlebar Brown Receives £8M Investment
    Premium swimwear brand Orlebar Brown has received investment totalling £8m after selling off a minority stake to private equity firm Piper.
  4. Hot Watch Turns your Palm into a Mobile Phone
    HOT Watch is a new smartwatch with a directional speaker and microphone embedded in the wrist, allowing the wearer to answer phone calls by cupping their hand to their ear.