This is from their FB page:
"Hi Girls, this news is indeed correct. Somehow it has been leaked before subscribers have received their letters. No one will be out of pocket, we have plans in place for everybody to be compensated. When Susan was at Saga we had no idea that this would happen. Our other publications Inspirations and Books will continue as per normal, it is only AS& E that is effected.
10 hours ago · Like"
And I just got this from The Wooly Thread blog:" Here's the information we received from Country Bumpkin yesterday:
After careful consideration Country Bumpkin Publications has made the extremely difficult decision to discontinue publishing Australian Smocking & Embroidery magazine. The final issue of this publication will be issue 100 which is due for release on the 29th August 2012.
Issue 100 will be a collectors issue with ‘best of’ articles, a history of Country Bumpkin and articles from both Susan O’Connor and Margie Bauer, Country Bumpkin’s original founder.
No on subscribing through us will lose any money paid for her subscription. If you have a current sub and want to renew, so you can get this final issue, it will run through the final issue #100 and the price will be adjusted accordingly. If you already have a subscription which extends past issue 100, you will be refunded for any issues not sent.
If you want this special final issue and don't have a subscription, please let us know as soon as you can, so we try to get one for everyone who wants it.
If you have any questions, just let us know.
We greatly appreciate the 'heads up' from Country Bumpkin with 3 issues still left before ceasing publication.
Posted by The Wooly Thread at 8:02 AM"