Vanity Fair (magazine) the Great Depression and declining advertising revenues, although its circulation, at 90,000 copies, was at its peak. Condé Nast announced in December 1935 that "Vanity Fair" would be folded into "Vogue" (circulation 156,000) as of the March 1936 issue. Condé Nast Publications, under the ownership of S.I. Newhouse, announced in June 1981 that it was reviving the magazine. The first issue was released in February 1983 (cover date March), edited by Richard Locke, formerly of "The New York Times Book Review". After three issues, Locke was replaced by Leo Lerman, veteran features editor of "Vogue". He was followed by editors
Vogue (magazine) worldwide, and included online retailers at the beginning of 2011. Debate occurred over the actual profitability of the event in the US, resulting in a potentially permanent hiatus in 2013; however, the event continues in 19 other locations internationally. "Vogue" also has the ability to lift the spirits of readers during tough times and revels that "even in bad times, someone is up for a good time." The article states that "Vogue" "make[s] money because they elevate the eye and sometimes the spirit, take the reader someplace special." These fantasy tomes feel a boost during economic distress—like liquor and ice