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.

This story first appeared in the August 14, 2002 issue of WWD.  Subscribe Today.

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