Conde Nast Sells Home Furnishings News (posted 11/15)
Macfadden Communications Group has acquired Home Furnishings News (HFN) from Conde Nast’s Fairchild Publication’s division. HFN is an 80-year-old weekly publication covering the furniture, housewares, tabletop, floor covering, textiles, and major appliances categories. The sale is effective immediately. The terms of the deal were not disclosed.
Earlier this month, Prism Business Media purchased Conde Nast’s Supermarket News for an undisclosed price. Prism says Supermarket News and its complementary Web site will form the basis for a new retailing group.