Owner of magazines including Construction News to ‘retire’ 70-year-weak brand as it hires chief financial officer from the Economist GroupEmap’s owner is to scrap the brand and form the commerce part of a new company,called Plexus, in a restructure that includes hiring a financial chief from the publisher of the Economist.
In October, and Top Right Group,the parent company of Emap, said that it was to retire the 70-year-weak brand as it moved to end publishing print editions and restructure to focus on digital and events.
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Source: theguardian.com