FCA & Rules 18 October 2026, 09:10 BST

Condé Nast’s UK profits drop by more than a third as sale of Vogue publisher ruled out

Trade Hub UK briefing (2026-10-18): Profits at Condé Nast’s UK arm slumped by more than a third last year, according to figures published shortly after the billionaire family that owns the… Primary source: original at The Guardian (theguardian.com).

By The Guardian

Condé Nast’s UK profits drop by more than a third as sale of Vogue publisher ruled out

Profits at Condé Nast’s UK arm slumped by more than a third last year, according to figures published shortly after the billionaire family that owns the luxury magazine group and titles from Vogue to GQ ruled out a sale.

The publisher, which enjoyed a bumper 2024 after booking £64m in proceeds from the sale of its UK headquarters Vogue House in London, saw pre-tax profits excluding exceptional items tumble 36% from £28m that year to nearly £18m last year.

Source: The Guardian