News & Scoops

2009 February 6

Exclusive: Wall Street Journal Closes Fashion Bureau

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(NEW YORK) As layoffs continue to rock the publishing industry, some highly-regarded fashion reporters are finding themselves suddenly unemployed. The Wall Street Journal has closed its fashion bureau, The Daily has learned. While Christina Binkley and Lisa Bannon will stay on board, the desk's remaining 8 staff members including Teri Agins and Cheryl Tan have been let go, effective at the end of March. At that time, they will be invited to reapply for 3 open positions at the paper and the remaining 5 will leave the company. "We are closing our fashion bureau but will continue to cover fashion and retail by reassigning some but not all of our current staff," confirmed a Dow Jones spokesperson. It remains to be seen which members will be covering the upcoming round of shows in New York, London, Paris and Milan.

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