Condé Nast has folded Details today, according to Advertising Age. There had long been rumblings in the industry that the magazine was experiencing a steep decline in revenue, and the news comes on the heels of major cutbacks across titles at the media conglomerate, including the shocking departure of Linda Wells from Allure, the title she founded in 1991. Details, which was created in 1982 and purchased by Condé Nast in 1988, will cease publication with its December/January issue.
Editor-in-chief Dan Peres, who had been at the helm of the title for 15 years, and publisher and chief revenue officer Drew Schutte will be leaving Condé Nast; of the roughly 60 other employees, only 20 percent are expected to fill positions elsewhere in the company. Details.com will continue on until it transitions to GQStyle.com in the coming months.
In other news chez Condé, the company plans to merge the sales and marketing teams of Glamour and Self (titles that also have been rumored to be struggling). Glamour’s publisher and chief revenue officer Connie Anne Phillips will oversee the department for the two titles. Self publisher and chief revenue officer Mary Murcko is leaving the company.
