Its new owner Future plc. plans to publish two issues a year in May and September.
quietly reduced the title’s print frequency from 11 issues to just seven in 2020 and launched its first digital issue with cover face Janet Mock.
Shortly after Future acquired Marie Claire, it snapped up U.K.-based Dennis Publishing, whose titles include The Week and Minecraft World in a deal valued at $300 million, and more acquisitions are thought to be in the cards. “As we’re a public company I can’t speak specifically about any targets, but I do know that the strategy that our CEO [Zillah Byng-Thorne] has put in place is to both grow organically and to grow through acquisitions where it makes sense for us,” added Webby.
On whether that could be in women’s lifestyle media, he said: “I know the category itself is important to us and one that we intend to be a major dominant player in so whether that means we’re going to grow very much organically in that space or add more titles I would say either of those strategies are probably ones that we would be considering.”
Future’s revenue rose 79 percent in the year to September to 607 million pounds on increases in digital advertising and e-commerce, while pre-tax profit was 107.8 million pounds.