Condé Nast has made what CEO Roger Lynch calls some difficult decisions about its portfolio.
For starters, the company is closing Self.
“Self has played an important role in shaping conversations around health and wellness,” Lynch writes in a memo. “However, as audience behaviors shift, we have not
seen a path for Self to continue in its current form as a digital publication. Going forward, health and wellness content will be integrated into our other brands,
including Allure and Glamour."
In addition, Lynch notes that for “Wired in Italy, we are also planning to transition
away from publishing.”
He adds that while Wired “remains a strong global brand, the Italian edition has not kept pace with growth in our other
markets, including the US, UK, Middle East, Japan and Mexico. Wired Consulting and live events will continue across Europe, primarily managed by the Wired team in the UK.”
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“For Glamour, we will concentrate our efforts in the US and UK, where we see the strongest opportunities,” Lynch continues. "As part of this new strategy, we will focus
on fashion and beauty recommendations, and prioritize social, video, commerce, and licensing opportunities.”
But the company is “also developing a plan to wind down
the Glamour publishing operations in Germany, Spain and Mexico,” Lynch says. “Glamour continues to be published by license in Brazil, Bulgaria, Hungary,
Poland, South Africa, and soon, Australia."
Taken together, Wired in Italy, Self, and the affected Glamour markets represent a little over 1%
of our overall revenue,” Lynch reports. “They also remain unprofitable, and continuing to operate them in their current form limits our ability to invest in the ideas and areas that will
drive future growth."
Condé Nast is also making changes within its technology organization, “reflecting the rapid advancement of AI and its impact on our ability to
innovate and build products faster,” Lynch notes. “Teams will be restructured to be more agile and to work more closely with our brands and customers, reducing barriers to execution.
Bangalore and Chennai will continue to be important hubs for this work.”
There was no word on the extent of job loss from all these decisions, but Lynch states that for “any
changes going into effect today, the People Team will be reaching out to support our teams directly.”
Lynch maintains that the firm’s overall business “is healthy and doing
well. We ended 2025 with revenue growth and a fourth year of profitability growth since 2020. This momentum has carried over into the start of the year and Q1 exceeded both our revenue and
profitability budgets. To continue this performance, we have to remain disciplined about where we invest our time and resources.”