Ingrid Sischy and Sandra Brant have resigned from Interview, Women's Wear Daily is reporting. Sischy, the onetime editor of Artforum and a Vanity Fair contributing editor, has been editor-in-chief of the title for eighteen years. CEO Brant, who bought the parent company Brant Publications with her ex-husband, Peter, from the Warhol estate after the artist's death, has decided to sell her ex her stake in the company, WWD says. The reasons are thus far unclear. Last year, when it was rumored Brant intended to sell the title, a spokeswoman told the Post, "Sandra Brant, president & CEO, and Ingrid Sischy, editor-in-chief, are as devoted as ever to Interview and excited about its future." Earlier this month, when Gawker printed a rumor suggesting Sischy had left her job, it was brushed off by a publicist. "The Gawker item is absolutely not true," spokeswoman Rachna Shah told the Observer. "She is on her annual holiday in South Africa with Elton John. She has been working on the magazine while on holiday and is due back on Monday." That was January 10 of this year. More to come, we're sure…

Ingrid Sischy and Sandra Brant Resign from Interview [WWD]

UPDATE: Brant and Sischy have released a statement: "When I was first drafted as editor after Andy Warhol's death I thought I'd stay a few years, devote myself to helping the magazine find its post-Warhol life, and then get back to my writing. Although leaving the magazine and wonderful staff behind is difficult, it is the right decision and one that will allow the new owners to establish their own editorial stamp on the magazine," said Sischy. Ingrid took "the magazine to a level of success and recognition that is beyond anything we thought possible. Her leadership, thoughtfulness, journalistic expertise and editorial vision have been critical," Sandra Brant commented.
UPDATE II: WWD has details on The New Guard—Glenn O'Brien and Fabien Baron will oversee Interview, Art in America and Antiques. "To say that Interview is a product of Ingrid's friends< " Peter Brant told WWD, "that's like saying what's Vogue going to be like without Grace Mirabella? Anna Wintour does a really great job."