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) others. In 1973, "Vogue" became a monthly publication. Under editor-in-chief Grace Mirabella, the magazine underwent extensive editorial and stylistic changes to respond to changes in the lifestyles of its target audience. Mirabella states that she was chosen to change Vogue because "women weren't interested in reading about or buying clothes that served no purpose in their changing lives." She was selected to make the magazine appeal to "the free, working, "liberated" woman of the seventies. She changed the magazine by adding text with interviews, arts coverage, and serious health pieces. When that type of stylistic change fell out of favor