Beauty store chain Ulta PULLS seven-figure Teen Vogue ad campaign over its hiring of Alexi McCammond, 27, as editor-in-chief over anti-Asian tweets she wrote as a teen
Ulta, the US's largest beauty retailer, said it had 'paused' its current spend while the two parties 'determine next steps' amid the storm over McCammond's hiring
Sources said the deal between the two parties was in the seven figures
Concerns of a potential backlash from advertisers were reportedly raised at a high-level Conde Nast sales meeting this week
Last week, the former Axios reporter was named as Teen Vogue's new Editor-in-Chief and is set to start the position on March 26