Karlie Kloss is adding another legacy magazine title to her media portfolio. The supermodel and entrepreneur will acquire i-D Magazine from bankruptcy plagued Vice Media. The sale was handled by Kloss’ newly formed company Bedford Media. Terms of the deal were not disclosed.
In 2020, Kloss led a consortium of investors who purchased W Magazine.
Alastair McKimm, who has led i-D since 2019, will expand his role, becoming chief creative officer and global editor in chief.
Earlier this year, Vice Media filed for Chapter 11 bankruptcy and in June was acquired for $350 million by its creditors, led by Fortress Investment Group.
i-D was founded in 1980 by former Vogue art director Terry Jones. He commissioned work from a bevy of photographers — including Mario Testino, Terry Richardson and Juergen Teller — who would go on to starry careers in the industry. And the magazine became an influential voice in elevating street fashion.