Page Six Starts a Rumor That Lucky Mag Will Be Shutdown

Illustration for article titled emPage Six/em Starts a Rumor That emLucky/em Mag Will Be Shutdown

Page Six is reporting that Condé Nast is considering shutting down Lucky Magazine. What?

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There's a few reasons this gossip makes little sense. First, the company denied the claims to the New York Post, which would normally not mean much except that they pointed out that Lucky's ad sales for May are up 19 percent. Secondly, as we've mentioned before, Condé Nast has been giving a ton of attention to Lucky, moving new editor Eva Chen to the publication last year from Teen Vogue. Chen has been well-received for injecting a new energy into the magazine and has gotten lots of positive press for her impressive Instagram presence. She's also already subtly denied the claims on Twitter.

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And thirdly, Lucky – a women's magazine very much focused on fashion – is exactly the kind of brand Condé Nast wants right now: one that is blatantly connected to buying things (their tagline is "The Magazine About Shopping"). That's a direction Condé's other publications are going in; why would they want to get rid of the one already set up to achieve that goal?

Images via Lucky and D Dipasupil/Getty

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DISCUSSION

katedries
Kate Dries

Chen, Lucky's publisher and Charles Townsend all sent company emails denying these rumors today. WWD reports that Chen's was particularly unique:

She ended her email with a YouTube link to the song "Bad Boys For Life" by P.Diddy, an apparent anthem of sorts for the shopping-inspired magazine. Most likely, that song will be blasting in the halls of Lucky today.