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Design

Women's Wear Daily to receive new owner

Penske Media Corp (PMC) has taken over Fairchild Fashion Media from Condé Nast, in an agreement which includesWomen's Wear Daily (WWD), Footwear News, M magazine and Fairchild Summits and events business. Consumer titles Style.com and NowManifest, which are a branch from Fairchild were, excluded from the deal. The agreement between the two firms...

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