Condé Nast’s Dolce Vita

The publishing empire's low-budget approach is booming overseas. Is this the future for the U.S.?

Luca Dini, the editor in chief of Italian Vanity Fair, faces difficulties his peers in the U.S. would welcome. The Milan-based magazine has grown so much since launching as a newsweekly nearly 10 years ago that it’s hard to imagine it getting any fatter, with one of last September’s issues bulging to a record 408 pages.