Hearst Sells 'Marie Claire' to British Media Company Future

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The publication's new owner already publishes its U.K. edition.

Zillah Byng-Thorne, CEO of Future — which already publishessaid, in a statement: "Our continued growth and success is proof of our strategy in action. We've had fantastic results expanding theU.K. brand and we believe that with our expertise in terms of audience, e-commerce and platform, we can develop the offering to grow theAccording to an internal e-mail obtained by Fashionista sent by Hearst Magazines President Debi Chirichella, U.S.

staffers were notified of the acquisition this morning. "Over the past 27 years, we have worked closely with our French joint venture partner, Marie Claire Album, to createU.S. Our focus has always been on strategic long-term growth for the brand," she wrote. "As the industry continues to evolve, the partners believe that the brand would be better served by a single owner, rather than the current 50/50 joint venture structure." U.S.

 

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