 | |
| Company type | Subsidiary |
|---|---|
| Industry | Media & Events |
| Founded | 1892; 133 years ago (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 |
Fairchild Media is a publisher of digital media, journalism, photography and design, events and summits, video and studios, and fashion. Fairchild Media brands includeWomen’s Wear Daily,Footwear News (FN),Beauty Inc,M andFairchild Summits. Fairchild Media is a division ofPenske Media Corporation, and is a source of fashion news and analysis for industry leaders and the global fashion community.
Fairchild Publications was founded in 1892[1] when Edmund Fairchild, a peddler, took over theDaily Trade Record (later theDaily News Record andDNR), a failing newspaper that covered the men's clothing business. In June 1910, an insert called "Women's Wear" first appeared in theRecord; a month later, Fairchild published it as a standalone publication, known today asWomen'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 fashion and cultural newspaper.[3]
In 1968, the company—then named Fairchild Publications—was purchased byCapital 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 toAdvance Publications, the parent company ofCondé 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 foldedDNR.[7]
In 2010, Fairchild launchedMenswear[8] and took over the consumer-centricStyle.com, previously part of Condé Nast Publications. In 2011, Fairchild Fashion Group was renamed Fairchild Fashion Media; in October of that year, FFM launchedStyle.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 founded by swedish entrepreneur Christian Remröd,[11] with contributors that included Anna Dello Russo, Bryanboy, Rumi Neely, and Derek Blasberg.[12]
In August 2014, Advance Publications announced that it would sell FFM, save forStyle.com andNowManifest, to Penske Media Corp. for $100 million.[13]
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Over the years, the company's portfolio has included the following publications:
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