
According to sources, Robbie Myers and Joe Zee could be rubbing shoulders with Anna Wintour and Grace Coddington. Why you ask? If recent reports are anything to go by, Conde Nast's cut backs are not just about cutting budgets due to the current economic climate. They are said to be trying to buy ELLE from Hachette Filipacchi.
On Monday, CEO Chuck Townsend said: "The [McKinsey] review has led us to a number of decisions designed to navigate the company through the economic downturn and to position us to take advantage of coming opportunities."
Fashion Week Daily claimed that "industry insiders are buzzing about Conde Nast possibly acquiring Elle in its quest to fill their lineup with broader offerings," but nothing has been confirmed.
















