Media Group Abril Shutters Brazilian Editions of Elle, CosmopolitanBrazilian media reported the restructuring would result in the closure of 10 magazines and the loss of 170 editorial jobs.

[Collection]END GAME: Brazil’s fashion community was in shock on Tuesday following the shuttering of the local editions of Elle and Cosmopolitan magazines as part of a wide-ranging restructuring at struggling parent company Editora Abril. Fashion editors, photographers and makeup artists expressed sadness after the magazines announced on Instagram that the August issues, currently on newsstands, would be their last. Brazilian media reported the reshuffle would result in the closure of 10 magazines and the loss of 500 jobs, including 170 editorial positions. “Grupo Abril announces that, as part of its restructuring process, it is reshaping the publisher’s brand portfolio with the objective of guaranteeing its operational health in an environment of profound technological changes, whose impact has been felt throughout the media sector,” the group said. The announcement follows a recent change in management at Grupo Abril, the parent company of the publishing arm. The Civita family, which owns the media conglomerate, last month handed over the running of the group to Marcos Haaland, managing director of the Brazilian arm of U.S. turnaround firm Alvarez & Marsal. An image from Elle Brasil’s August issue shot by Paulo Vainer.  Elle Brasil/Paulo Vainer The Brazilian edition of Elle launched in 1988 and has gained a reputation for socially-conscious

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