Editor-in-chief of British GQ magazine Dylan Jones has told CNBC he's not worried about the future of print publication, despite significant challenges in advertising and distribution due to the coronavirus crisis.
Speaking in his role as British Fashion Council Menswear Chairman, Jones warned there would be "casualties" in the fashion industry, which he said was "very challenged" in the wake of the pandemic.
Jones, who has led the British monthly magazine for men since 1999, told CNBC he believes all print media will eventually become subscription-based. He said the biggest challenge it has faced over the last few months has been advertising revenue. Founded in New York in 1931, the magazine now has many international editions including British GQ which launched in 1988.
Jones said ongoing discussions about diversity were forcing people to address the realities of the situation, adding he was "proud" that 30% of the people on the cover of GQ over the last 10 years have been from the Black, Asian and Minority Ethnic community.
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