After shuttering the supplement 18 months ago, TIME is relaunching Style & Design in 2012. The revamped version, to be led by TIME managing editor Rick Stengel and edited/curated by TIME staff, will debut with the March 26th issue of TIME [see mock cover, pictured].

TIME worldwide publisher Kim Kelleher tells FOLIO: about the closure of Style & Design, “I understand the decision was a painful one – the supplement was very successful, and had a strong following internally. It was a separate division in the TIME team. Interestingly, it wasn’t as much of a straight financial decision, as it was a 'tightening of the belt' decision. We didn’t know how long the economic downturn was going to last.”

The supplement debuted in 2003 with a heavy focus on fashion. Under Stengel, Style & Design will expand its editorial reach to international travel, cooking, decorating and home furnishing.