CONDE NAST PUBLICATIONS UNIT FORMED

NEW YORK -- Fairchild Publications, parent company of SN, is becoming a division of the newly formed Conde Nast Publications as part of a reorganization of the Advance Magazine Group.tion to Fairchild Publications, which also publishes Women's Wear Daily and other business and consumer titles, the other divisions within Conde Nast Publications will be Golf Digest Publications, Conde Nast Magazines,

NEW YORK -- Fairchild Publications, parent company of SN, is becoming a division of the newly formed Conde Nast Publications as part of a reorganization of the Advance Magazine Group.

tion to Fairchild Publications, which also publishes Women's Wear Daily and other business and consumer titles, the other divisions within Conde Nast Publications will be Golf Digest Publications, Conde Nast Magazines, the new Conde Nast Business Magazine division, the Conde Nast Media Group, CondeNet and Conde Nast Shared Services Centers.

Mary Berner, president of Fairchild, and Mitchell Fox, president of The Golf Digest Companies, will become officers of Conde Nast Publications and will report to Townsend.

Townsend, who also serves as president of the Conde Nast Magazines division, said the significance of the change goes well beyond the cosmetic. "At the end of the day, there are distinct advantages to being identified as one company, with a one-company point of view," he said. "Externally, we have had a very blurred image in the marketplace. We have marketed ourselves under at least three or four different handles. That requires an inordinately complex amount of information. Now it's simple -- we're Conde Nast."