INSTYLE ITALIANO: A new fashion magazine is supposed to hit Italian newsstands this year. Sources in Milan say that Mondadori is about to launch the Italian edition of InStyle magazine and that a mock-up will be shown to fashion companies in April. The launch of InStyle will allow Mondadori, which already publishes the weekly Grazia and the monthly Flair, to complete its offering in the fashion segment with a luxury publication.

Time Inc.’s InStyle, which currently counts 15 editions worldwide, including in the U.S., the U.K., Spain, Australia, Brazil, Indonesia and South Korea, declined to comment.

This story first appeared in the March 14, 2012 issue of WWD. Subscribe Today.

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