The hip shelter magazine is dead. No more DIY gardening projects. No more party planning tips. No more decorating inspirations. The President and CEO of Conde Nast, Charles Townsend, made the announcement today. “This decision to cease publication of the magazine and its website is driven entirely by the economy,” Townsend said. “Although readership and advertising response was encouraging in the early years, we have concluded that this economic market will not support our business expectations.” 

As US News and World Report said: “Take a magazine built around peddling products, couple that with a deepening recession in which people are less likely to purchase things, and you've got a recipe for failure.”

LA Weekly