The magazine was sold by the original owners to Clay Felker in 1977 (although Esquire Inc. kept its name until its acquisition by Gulf + Western in 1983). Felker reinvented the magazine as a fortnightly in 1978, under the title of Esquire Fortnightly, ditching the script logo that had been used (with minor tweaks) since 1933. However, the fortnightly experiment proved to be a failure, and by the end of that year, the magazine lost US$5 million. Felker sold Esquire in 1979 to the 13-30 Corporation, a Tennessee-based publisher, which reverted the magazine into a monthly, beginning with the July issue (dated both as of July 3 and 19). During this time, New York Woman magazine was launched as something of a spin-off version of Esquire aimed at a female audience. In 1986, the 13-30 Corporation (renamed as the Esquire Magazine Group) launched the New York Woman magazine as something of a spin-off version of Esquire aimed at a female audience. The company split up at the end of the year, and Esquire was sold to Hearst, with New York Woman going its separate way to American Express Publishing, being published until 1992.
