PR Newswire: Newsweek owner IBT Media announced that it will expand its web properties across three key areas: health and wellness, technology and now fashion, beauty and design. The company is launching this initiative by acquiring Fashion Times, a New York-based fashion media company. Its websites include Fashion Times and Fashion & Style. “Our existing properties have great momentum, making this the perfect time to focus on our portfolio strategy and bring Fashion Times on board,” said Etienne Uzac, CEO of IBT Media.