Nova’s closure is an omen for UK fashion publishers

Last week’s demise of IPC’s Nova came as a shock. But it was also a warning to publishers that good content does not guarantee success.

Unlike Phoenix the calf, Nova was culled within days of reaching its first birthday, which by all accounts should have been quite a celebration. The magazine had reached its circulation target of 75,000 and, according to the sales team, was set to meet its advertising targets.

The July issue was virtually finished and the front cover looked good. So it came as quite a shock last Wednesday (May 2) to be told that Nova was to bite the dust again. Apparently the title was still recruiting staff until three weeks ago.

Nova’s rebirth was always going to be difficult. In its first life, Nova was an edgy Sixties fashion title that built a reputation by shocking and breaking taboos. But, as we are all too aware, the cultural environment of 2001 is totally different. It takes quite a lot to shock your average urbanite 24-year-olds.

Trying to emulate the editorial style of the original was a risk, but arguably there was room between the well established fashion bibles, such as Elle and Vogue, and the lower circulating club/cult magazines, such as Sleazenation and The Idler, for a new, more edgy, intelligent fashion title.

Nova was also IPC’s first real foray into the world of upmarket fashion magazines.

Nova’s Second Coming was not what it should have been. The launch editor Deborah Bee took things too far. Many of the staple sector advertisers found the mix of manicured pubic hair and nudity too avant-garde for their tastes and stayed away. Even by the third issue in January, there were rumours that the magazine’s future was uncertain.

In November, Jeremy Langmead was brought in from the Sunday Times Style section as the new editor and apparently given a year to turn the magazine’s fortunes around. The February issue was his fourth and the consensus was that he was having a tremendous impact. The revamped Nova looked good, it was witty and aspiring, the fashion was excellent – it really looked as if he had created a credible title that was carving a niche for itself in a very competitive market.

IPC and the rest of the magazine market is now facing leaner times as ad revenues diminish. In addition, the successful launch of Condé Nast’s handbag-sized Glamour magazine (MW March 29), poses a significant threat, in terms of readers and revenue, to IPC’s mainstream title Marie Claire. The first issue of Glamour sold about 500,000 copies, more issues than Marie Claire or Cosmo.

If IPC is preparing for a successful flotation, its priority will be to protect and invest in the more profitable titles within the stable. Those not deemed commercially viable will not survive. However, it’s a shame for readers and advertisers that just as Nova was finding its feet, it was chopped off at the knees.

Laura James is media director at New PHD

Latest from Marketing Week

PLEASE SIGN IN OR REGISTER. IT'S FREE, QUICK AND EASY!

Access Marketing Week’s wealth of insight, analysis and inspiration that will help you develop as a marketer and leader.

Register and receive the best content from the only title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work, so we can make Marketing Week more relevant to you.

Register now

THE BEST CONTENT

Our award winning editorial team and columnists will ask the biggest questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.

THE BIGGEST ISSUES

From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we will be your guide.

PERSONAL AND PROFESSIONAL DEVELOPMENT

Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Dedicated to developing your skills and helping you achieve marketing excellence. Find guidance on leadership, professional development and the latest industry jobs.

Having problems?

Contact us on +44 (0)20 7292 3711 or email subscriptions@marketingweek.com

If you are looking for our Jobs site, please click here