By Stephen Foster on June 3, 2013
On the face of it, advertisers can do what they like over payment terms for agencies and other suppliers – work with us on our terms or don’t is the usual (unspoken) message. Which is presumably why Mondelez International thinks it can extend its payment terms to 120 days and Procter & Gamble (among others) [...]
Posted in Agencies, Analysis, Clients, Creative, Finance, News | Tagged droga5, mondelez international, payment terms, prcurement departments, procter & gamble, Sir Martin Sorrell, taxi, wieden+kennedy, WPP
By Stephen Foster on March 5, 2013
WPP is looking to replicate its success with Canadian buy Taxi by buying another respected Canadian ad agency, Toronto-based John St. John St was founded in 2001 and now employs about 100 people. It has revenues of $14m from clients including AstraZeneca, ING, Maple Leaf Foods and Tata. Last year it produced its celebrated ‘Buyral’ [...]
Posted in Agencies, Clients, Finance, News | Tagged agency buy, Arthur Fleischmann, astrazeneca, canada, ing, john st, Kraft, revlon, taxi, WPP
By Angie Dean on August 28, 2012
Bud Light owner InBev is continuing to ring the changes on its key brand, moving the Canadian account to Anomaly’s new Toronto office a few weeks after dumping Mcgarrybowen in the US after just eight months in favour of roster agency Translation. Anomaly, which sold a majority stake to marcoms group MDC Partners a year [...]
Posted in Agencies, Clients, Creative, News | Tagged anomaly, bud light, Budweiser, canada, Carl Johnson, coors, inbev, mcgarrybowen, taxi
By Stephen Foster on March 6, 2012
Ogilvy & Mather has resigned Kraft’s Honey Maid crackers account after less than a year, citing disagreements over creative work. Knowing Ogilvy, part of WPP, money may have had something to do with it too. Kraft, currently preparing to split itself into two separate companies, one with foods and the other with snacks, is currently [...]
Posted in Agencies, Clients, Creative, News | Tagged droga5, honey maid crackers, Kraft, mcgarrybowen, milka, ogilvy & mather, operation spark, taxi, WPP
By Stephen Foster on June 12, 2011
The turbulence continues at Young & Rubicam with long-term client Accenture, the business services giant that was formerly Andersen Consulting, switching its $70m account to TBWA Worldwide. Accenture has also awarded its global production business to Tag. The switch is just the latest to hit WPP-owned Y&R (whose Chicago office recently lost the $360m Sears [...]
Posted in Agencies, Clients, Creative, News | Tagged accenture, David Sable, droga5, Hamish McLennan, Ian Reichenthal, Kevin Brady, mio, Peter Stringham, revlon, Scott Vitrone, sears, Sir Martin Sorrell, tag, taxi, vw, wieden+kennedy, WPP, wunderman, y&r, young & rubicam
By Angie Dean on June 8, 2011
WPP bought Toronto-based network Taxi at the tail end of last year and since then there’s been no stopping the Canadians. Taxi was rolled in with Young & Rubicam, then in the sloughs of despond in the US, and since then it’s gained a place on the VW European roster, won a big chunk of [...]
Posted in Agencies, Clients, Creative, News | Tagged advertising, burger king, canada, crispin porter, draftfcb, droga 5, Interpublic, Kraft, martin agency, mcgarrybowen, mio water additive, montreal agency, sears, taxi, WPP
By Stephen Foster on June 7, 2011
Do the right deal and it nets you lots of money. We’ve seen it recently with Dentsu’s Mcgarrybowen winning Sears and Burger King and now Taxi, the Canadian agency bought by WPP late last year, has paid its second dividend to its new owner by helping to land a big chunk of Revlon business for [...]
Posted in Agencies, Clients, News | Tagged advertising, burger king, Charles Revson, charlie, cmo, coca-cola, Dell, dentsu, enfatico, julia goldin, mcgarrybowen, montreal, revlon, sears, Sir Martin Sorrell, taxi, WPP, y&r, y&r chicago, young & rubicam
By Stephen Foster on May 16, 2011
Eric Salama, chairman and CEO of WPP’s giant research business Kantar, is also taking over from Pedro Ros as CEO of TNS, the research company WPP bought for £1.1bn in the summer of 2008. Ros, a TNS lifer, is becoming non-executive chairman in place of Jamie Hall. Salama, one-time director of strategy on the WPP [...]
Posted in Agencies, Finance, News, Research | Tagged bmrb, commarco, Eric Salama, Jamie Hall, lehman brothers, millward brown, nielsen, Pedro Ros, recession, scholz & friends, Sir Martin Sorrell, taxi, taylor nelson sofres, tns, WPP, wpp debt
By Stephen Foster on May 13, 2011
Publicis Groupe CEO Maurice Levy is showing his strategy again as the marcoms group has just bought Chinese healthcare specialist Dreams Communication, owner of Beijing Dreams Advertising and Beijing Dreams Zhiyang Communications. The agency will be rolled into the Publicis Life Brands part of the Publicis Healthcare Communications Group (PHCG) and be renamed Publicis Life [...]
Posted in Agencies, Finance, News | Tagged beijing dreams advertising, chemistry, dreams, Jean-Yves Naouri, kitcatt nohr, Maurice Levy, publicis groupe, publicis healthcare communications group, publicis life brands, publicis life brands dreams, scholz & friends, Sir Martin Sorrell, tailor made, talent, taxi, watermelon, WPP
By Stephen Foster on May 11, 2011
WPP boss Sir Martin Sorrell will be feeling pleased this morning as his investment in Canadian creative agency Taxi has paid off with the agency’s Amsterdam outpost being appointed to the Volkswagen agency roster. Taxi, founded by Paul Lavoie (pictured) and Jane Hope in 1992, was bought by WPP last November. As ever with these [...]
Posted in Agencies, Clients, Creative, News | Tagged account review, adam & eve, audi, bentley, bugatti, ddb, deutsch, Interpublic, Jaguar, Michael Roth, mini, mother, Sir Martin Sorrell, Skoda, taxi, volswagen, WPP
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