Finance

Sainsbury’s’ successful £1.3bn bid for Home Retail Group – Argos in other words, now that Homebase is being sold to Australians – is puzzling in lots of ways. One because Sainsbury’s has a lot on its plate battling Aldi and ...

With the recent news that Xerox is about to split itself into two units, in common with other once great companies such as HP, Yahoo and EBay that have fallen on increasingly hard times, I am reminded of the years ...

2015 was a dynamic year for account reviews amongst agencies globally, with 7000 individual reviews tracked in the R3 New Business League table. R3 Principal Greg Paull (left) says: “Marketers were constantly looking for the right mix of creative, digital, ...

There’s an old phrase ‘Get your retaliation in first.’ Some say it originated with the British Lions rugby team in South Africa in 1974 when, on the call ’99,’ each member of the team would race up and whack his ...

The latest #MediaSnack revisits the ongoing changes at Publicis Groupe. A key US analyst has recommended the stock as a buy and ID Comms recently took lunch with institutional investors in the media sector at a special ID Comms Q&A ...

Sony’s global media review – involving up to $3bn of media annually across Sony Pictures, Sony Electronics, Sony Mobile Communications, Sony Music and Playstation – seems to have concluded (the company hasn’t said anything officially yet) with WPP’s MediaCom and ...

Chime Communications has found a real heavyweight to be its next chairman; Paul Walsh (left), former CEO of drinks giant Diageo. Walsh, who stepped down from Diageo after 15 years in the top job, succeeds Lord Davies. Walsh has also ...

Publicis Groupe boss Maurice Levy has dismissed reports that biggest client Procter & Gamble is slashing the group’s fees – leading to a round of redundancies – as “pure bullshit.” Speaking at last week’s Davos chat-fest Levy had to acknowledge ...

Tom Bernardin is stepping down as CEO of Leo Burnett Worldwide to be replaced by Rich Stoddart (below), currently CEO of Leo B in North America. Stoddart, who joined the agency from Ford in 2005, will keep his North American ...