2011 January 21
Groupe Marie Claire Said to Be Launching French Edition of Harper's Bazaar
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(PARIS) The Groupe Marie Claire is rumored to be preparing for the announcement of the launch of a French edition of Harper's Bazaar, The Daily has learned. So how does this tie into the Heast-buying-Elle story? Well, Elle's current parent company Lagardere owns a 42% stake in the Groupe, which publishes a variety of titles under the Marie Claire brand as well as consumer titles such as Cosmopolitan and Mariages. It's conceivable that Hearst, which owns Harper's Bazaar, is giving (or selling) GMC the rights to publish a French edition of Bazaar as part of its purchase of Elle. The Group Marie Claire declined comment this afternoon, but expect developments imminently.
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