Shopping site Style.com shut down by Condé Nast after only 9 months
"The move is a stunning strategic backtrack by the publishing empire," [said the Times story] "which first announced a multimillion-dollar rebranding of Style.com, formerly the encyclopedic digital home of all Condé Nast runway coverage, in 2015. It also reflects the current turmoil in the glossy magazine industry, which has struggled to adapt to the digital age.
“Our experience with Style.com taught us that content is a powerful driver of commerce, and the combination of great editorial with a great shopping experience creates a great user experience and revenue upside,” said Matt Starker, the general manager of digital strategy at Condé Nast. He acknowledged, however, that the skill sets required to create content and those required to run a seamless shopping site were different.
Labels: Condé Nast, e-commerce, fashion