Conde Nast says stops publishing in Russia

WASHINGTON, Apr 22 (PRIME) -- Publishing house Conde Nast, which own GQ, Tatler, Glamour, AD and Vogue magazines, has stopped the franchise agreement with the Russian division and discontinued editorial activities in Russia, the company said in a statement on Friday.

"Today, we informed our Russian colleagues of the difficult decision to terminate our franchise agreement and cease publishing in the market," CEO Roger Lynch said in a letter to the employees.

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