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New York —Condé Nast's Fairchild Fashion Media has sold Fairchild Books to Bloomsbury Publishing. Financial terms of the deal were not disclosed.
Fairchild Books publishes textbooks for students of fashion and interior design. With the acquisition, Bloomsbury aims to increase its presence in North America.
“This sale will enable Fairchild Fashion Media to further expand upon our core businesses, including WWD/WWD.com, Style.com, Style.com/Print, FN, Beauty Inc, Menswear, Fairchild Summits, WWD Magic and FN Platform,” said Gina Sanders, president-CEO of Fairchild Fashion Media, in a statement.