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A HORSE RACE: Who will succeed Paige Rense Noland as the next editor in chief of Architectural Digest? All signs continue to point to Margaret Russell, who has emerged as the favorite, according to industry insiders. With her knowledge of the business and long list of contacts, Russell is the obvious choice. Hamish Bowles, Vogue’s European editor at large and former editor of Vogue Living, was among those under consideration, but is said to no longer be in contention. — A.W.