Finance

Rising costs hammer former WPP boss Sorrell’s S4 Capital

The share price isn’t the only measure of a company’s health – M&C Saatchi suitor Next15’s have tanked this year, without any obvious evidence of trouble at mill – but it matters a lot to Sir Martin Sorrell’s invention S4 ...

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Publicis Groupe posts strong first half growth and financial performance

Publicis more or less matched US rival Omnicom in Q2 2022, reporting organic growth of 10.3% (Omnicom was 11.3% on weaker 2021 comparatives) with the US up 10.1%, Europe 10.1% and Asia 6.5%. The French-based business has increased its 2022 ...

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IPA Bellwether survey shows advertisers still spending

The UK’s marketers are sticking to their spending plans for 2022 – or say they are – despite a rapidly deteriorating economic outlook. According to the IPA’s latest Bellwether survey 24.2% raised their marketing budgets in the Q2 2022 against ...

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The customer service car crash – Royal Mail is even worse than Virgin Media

We’ve noted before the car crash that is British customer services, despite the wellrewarded efforts of numerous ad agencies (one assumes), all piling on the bandwagon. For years Virgin Media has been setting new standards in crappy CX (now it’s ...

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Omnicom turns in solid Q2 but readies for tough second half

Omnicom has beaten rival Publicis Groupe to the punch, being the first of the big ad holding companies to report Q2 2022 results. And we bet they wish the rest of the year looks likes this. Revenue may be flat ...

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Clients plan more agency changes, in-housing on the rise

Agency rosters are in an era of constant change, with the majority of multinational advertisers already changing or planning to reform current structures for working with external partners, according to new research from the World Federation of Advertisers and The ...

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AKQA’s Grey sets sail on a new course under Laura Maness

Eight days ago we wrote about “stormy water at Grey” as the WPP-owned agency, now part of AKQA Group, lost a raft of senior executives. When one always asks: is disaster looming or was it deliberate? Or, as is often ...

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Adam&eveDDB joins agency rush to customer experience with TRACK

Adam&eveDDB is joining the rush to expanded customer experience operations by merging with TRACK, DDB Worldwide’s customer experience and data science operation. The new team is led by Simon Adamson, who takes on the role of chief experience officer of ...

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Now new look Havas loses top New York execs

There’s a notable exodus at Vivendi-owned Havas following the exit of Havas Creative CEO Chris Hirst. New York CEO Laura Maness (below) is on her way as is Havas North America and Arnold chief talent officer Julianna Akuamoah and Havas ...

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