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Publisher F+W Media Files for Bankruptcy Protection

March 15, 2019 by Sarah White

interweave parent files for bankruptcyF+W Media, the publisher of many craft and hobby related publications, including Interweave books and magazines, filed for bankruptcy protection, citing changes in the industry and mismanagement for their financial problems.

The company has said it plans to sell off parts of the company in order to pay its creditors, including its communities group and its books division.

There is no word yet on whether any of the company’s magazines will cease publication, though it was reported that subscriptions across its properties have dropped from 33.4 million in 2015 to 21.5 million in 2018 (and ad revenue dropped from $20.7 million to $13.7 million in the same time period).

And while a lot of the crafting community has moved online, that hasn’t been a successful proposition for F+W (which also publishes titles like Writers’ Digest and Popular Woodworking). In just the crafts sector, the company spent $6 million in its online efforts and only generated $3 million in revenue.

It will be interesting to see what happens. Of course we always hope for the best for crafting publications and the industry as a whole, but as things continue to change companies will have to evolve in ways that are profitable and effective and inspiring for crafters.

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Comments

  1. Kaytee Sumida says

    March 17, 2019 at 12:04 am

    I’m still getting several emails a week encouraging me to subscribe to their magazines– Beadwork, Interweave Crochet, and several for which I have no interest in the crafts they feature. And they all require I be on an “automatic renewal” plan….

Have you read?

Knit a Great Button Down Shirt

Just about anything you can make in fabric you can make in knitting, but there are some styles that you just don’t see that often translated into knitting. 

For example, a button down collared shirt. This is a classic design, of course, and it looks great in a knit version, but it’s just not something you see much of. 

Noma Ndlovu’s Guglethu shirt is the pattern to try if you want to knit your own button down shirt. This one is inspired by cashmere tops (though the sample was made out of yak yarn, not cashmere, and uses two strands of lace weight yarn held together) and includes lots of high-fashion details like double-knit cuffs, collar and shoulder seams. 

It has a patch pocket on the front and 10 buttons including the button band and the cuffs. 

The designer says you can also use a DK weight yarn held singly if you’d rather, and that the shirt looks good in a variety of yarns. There is another version on Ravelry that uses Berroco Remix Light, which is a mix of nylon, cotton, acrylic, silk and cellulose fibers. It has a more relaxed look but it still really pretty. 

The pattern has 12 sizes, with a full bust measurement ranging from 32.35 to 72.25 inches, or 82 to 183.5 cm. The designer suggests 2 to 6 inches, or 5 to 15 cm, of positive ease when you pick your size. I could totally see knitting one that’s even bigger to wear more like a jacket, because I do that a lot with button down shirts I already own.

I love all the details on this shirt, which isn’t necessarily difficult to knit, but might introduce you to some things you’ve never knit before (like those cuffs with the plackets, or a shirt collar like this). 

To learn more about this shirt and grab a copy of the pattern for yourself, head to Ravelry. 

[Photo: Noma Ndlovu]

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