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Sad news in the fashion world - Jane magazine has folded!

Conde Nast Publications has decided to pull the plug on the womens dashion monthly magazine and website janemag.com with the August issue being the final issue. Charles H. Townsend, President & CEO of Condé Nast, told the press: “This was a very difficult decision for us. We worked diligently to make Jane a success. However, we have come to believe that the magazine and website will not fulfill our long-term business expectations.”

Clark, who once worked for publishing mogul Judith Regan, makes her debut in a devilishly funny companion piece to Lauren Weisberger's Devil Wears Prada (2003), substituting the book business for the fashion industry. Claire Truman, who works for a top-tier New York publisher, is about to lose her beloved mentor to retirement.