Fairchild Fashion Media

Fairchild Media is a publisher of digital media, journalism, photography and design, events and summits, video and studios, and fashion. Fairchild Media brands include Women’s Wear Daily, Footwear News (FN), Beauty Inc, M and Fairchild Summits. Fairchild Media is a division of Penske Media Corporation (PMC), and is the leading source of fashion news and analysis for industry leaders and the global fashion community. History Fairchild Publications was founded in 1892 when Edmund Fairchild, a peddler, took over the Daily Trade Record (later the Daily News Record and DNR), a failing newspaper that covered the men's clothing business. In June 1910, an insert called "Women's Wear" first appeared in the Record; a month later, Fairchild published it as a standalone publication, known today as Women's Wear Daily. John Fairchild, grandson of Edmund Fairchild assumed management of Women’s Wear Daily in 1955 and transformed it from a trade journal to a leading fashion and cultural newspaper. In 1968, the company—then named Fairchild Publications—was purchased by Capital Cities Communications. In 1996, The Walt Disney Company acquired Capital Cities/ABC. In 1997, Disney announced its intention to sell Fairchild, but it wasn't until 1999 that it sold Fairchild to Advance Publications, the parent company of Condé Nast Publications, for $650 million. In 2005, Advance Publications folded Fairchild into Condé Nast Publications and rebranded the division as the Fairchild Fashion Group. In 2008, it folded DNR.