Europe is the fashion hub of the world. And fashion brings in big bucks. So a magazine can’t avoid the potential strong ground for long, right? The billionaire magazine owner Steve Forbes is all set to launch the Forbes Europe edition in the coming year. Forbes, who is also the chairman and editor-in-chief of Forbes Media, picked Europe because he says, “there is a recovery coming.” Plus, a lot of business and entrepreneurial ventures is come up in the region.
Headed under the new chief executive officer, Mike Perlis of Gentlemen’s fame, the magazine will be based in London or Paris. Forbes Media also has U2’s Bono, the private equity firm Elevation Partners as major stakeholders. Like Forbes and Forbes Asia, the content will be local, original, and in English.