Elle expects a 6 percent decline in ad pages for the third quarter and a 10 percent drop in the fourth quarter, bringing the estimated ad page decrease for the year to 21 percent. The time periods and full-year estimation were incorrect in a story on page 13, Aug. 9.

Laura Satzman is the founder of leather goods firm Foundry. Her name was misspelled in a story on page 18, Monday.

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