When word hit last week that ultra-luxe magalogue Absolute had found a new financier, we were overjoyed with images of Caroline Miller once again able to bathe in Tahitian pearls. Absolute has been through the rough and tumble: folding Feb. 24 when Domingo Cuadra lost interest in burning through cash; then real estate mogul William May was said to be dropping seven figures on a resurrection and then .. nothing.
But now who's giving this Spanish-origin title a new chance? We've just received rumored word that Absolute's new breaths will be funded by New York Home, owned by Hour Media, a Michigan-based publishing outfit. Paging Andrew Essex. Essex. Essex?
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