Tuesday, May 14, 2013

Lucky Magazine, Looking for a Turnaround


Shopping magazine Lucky saw ad pages drop 20.3% in 2012, and newsstand sales -31% in 2H 2012 (though overall circ stable). In January, Conde Nast named Gillian Gorman Round to oversee both its editorial and business operations (a first), and Lucky is a first priority for Anna Wintour in her new, added role as corporate artistic director. First iteration of Lucky's evolution seen in June/July issue, with redesign emphasizing visuals ("eye candy," in Round's wording). The new cover photo (shown) was shot outdoors instead of against a white backdrop in a studio. A grid-like way of showing products in the magazine, often as thumbnail images, has given way to livelier, larger photos as well as more images of models in real-world settings. But real-world settings and other aesthetic changes aren't meant to dilute the focus on shopping. "We are all about the girl and helping her define what she's going to buy for herself," Round said. "We are reasserting that position--owning, occupying, and dominating that position and making sure that every part of our brand is exceeding that position." Ecommerce strategy is another key challenge for Lucky. Round has background in ecommerce and is promising action, but no details on plan as of yet. (Separately, WWD reports that Wintour's artistic director title is being added to all CN magazine mastheads in June or July issues, depending on production schedules.)