The 2017 figure is huge swing from £6.6m profit of previous year as publisher invests in digital growthCondé Nast, the owner of glossy magazines including Vogue, Vanity Fair and GQ, has slumped to a £14m annual loss as it battles to reshape its business for the digital future.The high-end magazine publisher reported a pre-tax loss of £13.6m in 2017 – a huge swing from the £6.6m profit recorded the previous year – according to its most recent financial filings made public on Thursday. Continue reading…
Via: Vogue publisher Condé Nast reports annual loss of £14m
Categories: English News