BDG Acquires NYLON

BDG Acquires NYLON

BDG Acquires NYLON NEW YORK – June 27, 2019 – BDG today announced the acquisition of NYLON, a global ​ ​ digital destination for fashion, beauty, music and pop culture. The acquisition is effective immediately and will include NYLON’s editorial and design teams. ​ ​ “NYLON’s bold and colorful legacy has developed a cult like status over the years,” said Bryan ​ ​ Goldberg, CEO and Founder, BDG. “We will invest heavily in expanding NYLON's editorial team ​ ​ and advancing its strength in live experiences. Additionally, we believe that NYLON should exist ​ ​ in a print format, and that is part of the future plan.” "NYLON is a transcendent brand and voice. Helping to grow NYLON's business and audience ​ ​ ​ has been one of the most fulfilling experiences of my career.” said former NYLON president ​ ​ Evan Luzzatto. “I can't wait to watch NYLON reach even greater heights under the stewardship ​ ​ of BDG." Evan Luzzatto will remain as a partner to BDG on the company’s international expansion plans and will remain in position as chairman of Socialyte, its fast growing influencer business. Founded in 1999, NYLON quickly became one of the world’s leading creators of lifestyle content ​ ​ for young adults. NYLON focuses on emerging culture through original storytelling around ​ ​ beauty, fashion and entertainment. In 2018, NYLON redesigned Nylon.com, placing a premium ​ ​ on its cover stories, leading to a 650% increase in engagement. NYLON has expanded into 9 international markets, including Spain in April, 2019. Other NYLON ​ ​ international editions include, China, Japan, South Korea, Singapore, Indonesia, Thailand, Germany, and Mexico. NYLON is BDG’s seventh acquisition since its founding, most recently having purchased The ​ Zoe Report, Gawker, Flavorpill Media, Mic, and The Outline. The site will also join BDG’s portfolio of brands that include Bustle, Romper, and Elite Daily. .

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