In the article, we stated that sales for a number of magazine titles owned by The National Magazine Company, in particular Harper's Bazaar, were forecast to be down.
Campaign accepts that the published figures were wrong, and that any suggestions that Harper's Bazaar sales were in decline were untrue.
Campaign admits that the article included factual inaccuracies, and regrets that we did not make any attempts to verify the figures with The National Magazine Company.
The National Magazine Company is, in fact, in a healthy position and has achieved excellent circulation figures in its core titles, making it one of the UK's top magazine publishers.
We would like to apologise to The National Magazine Company for the damage and distress caused by these untrue allegations.