Lucky Magazine Lays Off About 10 Staffers
Lucky magazine, the women’s shopping title that was once a blockbuster success for Conde Nast, laid off about 10 staff members this week. One person with knowledge of the matter said nearly 15 employees were let go. A Lucky spokeswoman, however, put the number at “less than 10.”
The spokeswoman did not elaborate on the cuts. But a report on the website Fashionista lists several Lucky editorial staffers who were let go.
Last August, Conde Nast, which publishes glossy magazines like Vogue and Vanity Fair, spun off Lucky into a separate company called The Lucky Group. The new company is a joint venture between Conde Nast and BeachMint, an e-commerce company co-founded by Josh Berman, who also co-founded MySpace. Conde Nast is the majority shareholder.