Jessica Davies | Digiday
The
Financial Times has become a minority stakeholder in media startup Business of Fashion. The London-based business-to-business title has 35,000 paying subscribers and a lucrative conferences business, regularly attracting big names like Stella McCartney and Kim Kardashian. The deal, announced last week, follows a string of other investments made by the FT into specialist-topic areas including consumer publication The Next Web in March, in which it took a controlling stake.
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