Rumor has it Jeff Bezos may buyVogueas a wedding gift for his wife, Lauren Sanchez. The timing of her cover shoot, as well as Anna Wintour’s departure, has only added to the buzz. Insiders believe something significant is happening behind the scenes.

Insiders say Jeff Bezos may be considering buying Vogue’s parent company, Condé Nast, as a lavish gift for wife Lauren Sanchez.

Amazon billionaire Jeff Bezos may soon own the fashion “bible,” Vogue, as per report by The Daily Mail.

Why are insiders suspicious about Lauren Sanchez’s Vogue cover?

Many think it’s no accident that the new Mrs. Bezos appears on the cover of this month’s digital edition of Vogue, donning a wedding gown hand-picked by Dame Anna Wintour from Dolce & Gabbana, as per a report by She Knows.After 37 years in the position, Dame Anna announced last month that she was leaving her position as Editor-in-Chief of Vogue, although she still retains control over the company’s worldwide operations.

Is Condé Nast quietly prepping for a sale?

Condé Nast has been privately held by the Newhouse family since 1959 under their media conglomerate Advance Publications, and they maintain that their titles are not for sale.

However, not everyone is persuaded, as a recent wave of worldwide layoffs and UK employees now work from an uninspired WeWork space close to Waterloo station after Vogue’s Hanover Square headquarters was sold.

“Everyone in the fashion industry and inside Vogue is talking about the rumor that Jeff is going to buy Condé Nast,” a source told The Mail on Sunday. According to rumors, Lauren Sanchez, who is such an unlikely cover star, was chosen for the July issue in part because the Newhouse family wanted to flatter Bezos.

In New York, the company is being streamlined, which is precisely what businesses do prior to a sale. Lauren was featured on the cover because Anna is allegedly the one negotiating the deal. Anna stands to benefit greatly from a sale because she owns equity in the company, as per a report.

Condé Nast is worth $5 billion, according to The Hollywood Reporter, so Bezos will need to pay a significant amount to close the deal.

However, a person close to Mr. Bezos claimed that the rumor that he was thinking of purchasing Condé Nast was “totally untrue,” as per a report by the Daily Mail.

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What’s Anna Wintour’s role in all of this?

The Daily Mail’s source maintains that former Vogue editor-in-chief Anna Wintour is spearheading the sale, despite a source close to Bezos calling the rumors “totally untrue.”

The source of the longtime executive who announced her resignation from the position in June claimed that Lauren was featured on the cover because “Anna is said to be the one brokering the deal.” Wintour will continue to serve as Condé Nast’s chief content officer and the magazine’s global editorial director, as per a report by She Knows.

FAQs

Is Jeff Bezos really going to buy Vogue?
He denies it, but fashion insiders say the timing and Lauren Sanchez’s cover, is too good to miss.

What is Anna Wintour’s involvement with the rumors?
She reportedly helped place Sanchez on the cover and continues to wield significant power at Condé Nast, despite her resignation.