Is Vogue Thailand in the Works?

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An article from a Thai newspaper, translated by a poster at The Fashion Spot's bustling forums, says Condé Nast "is entering [the] Thai market with the first publication of Vogue Thailand by early 2013." (News of the recently launched Dutch Vogue broke in the same way.) Rumored to be at the helm: Elle Thailand's editor-in-chief, Kullawit Laosuksri.