Style ‘bible’ Vogue might quickly be owned by Amazon billionaire Jeff Bezos, sources say.
Employees are satisfied the world’s fourth-richest man is making ready to purchase mother or father firm Conde Nast as a marriage present for his bride Lauren Sanchez, a former journalist.
Many imagine it is no coincidence that the brand new Mrs Bezos is that this month’s digital Vogue cowl star and graces its pages carrying a Dolce & Gabbana marriage ceremony robe hand-picked by Dame Anna Wintour.
Final month Dame Anna introduced she was stepping down as Vogue Editor-in-Chief after 37 years within the position however stays accountable for world operations.
The Newhouse household, who’ve owned Conde Nast since 1959 and proceed to carry it privately beneath their media empire Advance Publications, insist their titles aren’t available on the market. And final night time, a supply near Mr Bezos stated it was ‘completely unfaithful’ that he was contemplating shopping for Conde Nast.
However with a latest swathe of worldwide redundancies and UK employees now working from an uninspiring WeWork area close to Waterloo station – after Vogue’s Hanover Sq. HQ was bought – not everyone seems to be satisfied.
A supply instructed The Mail on Sunday: ‘The hearsay that Jeff goes to purchase Conde Nast is all anybody’s speaking about within the vogue business and inside Vogue.
‘Lauren Sanchez is such an unlikely cowl star, and the phrase is that she landed the July concern partly as a result of the Newhouse household need to butter up Bezos. In New York they’re slimming down the enterprise which is precisely what corporations do earlier than a sale.’
Employees are satisfied the world’s fourth-richest man, Jeff Bezos, is making ready to purchase mother or father firm Conde Nast as a marriage present for his bride Lauren Sanchez, a former journalist
Final month Dame Anna Wintour introduced she was stepping down as Vogue Editor-in-Chief after 37 years within the position however stays accountable for world operations (pictured at he Marc Jacobs 2026 Runway Present)
Lauren Sanchez, Jeff Bezos and Anna Wintour within the entrance row of the Tom Ford AW20 Present in 2020
The supply added: ‘Anna is alleged to be the one brokering the deal in order that’s why Lauren was placed on the quilt. Anna has fairness within the enterprise so has loads to realize from a sale.’ Mr Bezos isn’t any stranger to publishing.
In 2013, he purchased The Washington Submit for $250 million in money, ending the Graham household’s four-generation possession.
One other supply stated: ‘He is one of many only a few folks with deep sufficient pockets. And Lauren isn’t any airhead. She’s a pointy cookie. There have been conversations.’
Insiders say a number of clues level to one thing massive within the offing. Natalia Gamero Del Castillo, MD of Vogue’s European operations, immediately ‘disappeared’ from the workplace final week, prompting her colleagues to recommend she had both stop or fallen sufferer to the worldwide redundancy drive.
The supply added: ‘There have been redundancies nearly each week in Europe and New York. The UK has had a complete spherical too.
‘What they’re doing is aligning each publication globally so the construction is uniform throughout all titles.
The Amazon founder and his spouse Lauren Sanchez Bezos go away the Aman Venice lodge, in Venice
‘Anna was the anomaly, she was the one Editor-in-Chief left. GQ has a International Editorial Director, Glamour has one, Self-importance Honest too. So she had to surrender the title.
‘I do not suppose she was thrilled however she accepted it, in all probability as a result of she is aware of the corporate is on the point of promote. She nonetheless has enormous affect however she’s not Editor-in-Chief. That title is gone.’
‘They’re streamlining every thing. Both we’re about to go beneath or we’re being bought. However one thing is up and everybody’s speaking about Bezos.’
Dame Anna, 75, who relinquished her position on June 27, famously impressed the writers of the movie The Satan Wears Prada.
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