Bonnier Corp. Folds Garden Design Magazine

Title is company's second to go this year

Dave Freygang hasn't wasted time in taking a hard look at Bonnier Corp.'s financials since becoming its new CEO last month.

On Thursday, one of his first appointees, David Ritchie, notified the staff of Garden Design that the magazine would be folded after the April issue. The announcement was made by Ritchie, the newly appointed chief content officer at the company.

Garden Design, along with Saveur, was one of two high-end magazines that World Publications, Bonnier's predecessor company, bought from Meigher Communications in 2000, giving the then-niche publisher credibility on a bigger stage.

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