Finance

General Motors wants to make Cadillac a big global luxury car brand so it’s dumping Lowe Campbell-Ewald (and its 500 employees in Detroit) and moving to Publicis Worldwide. Because Publicis is good at luxury brands it seems, although packaging Cadillac ...

Dentsu Aegis Network has bought Tempero, a UK-based social media management agency. Tempero’s business will become the European arm of ICUC – Dentsu Aegis Network’s existing social media agency. Founded in 2003, Tempero is a full-service social media management agency ...

Media has become a strange old (new) business in the digital age – it’s certainly no longer a matter of a few drinks at lunchtime and then a shouting match with a rep from the Daily Express who finds your ...

The recent record-breaking IPO of Hangzhou-headquartered Alibaba marked a seismic shift taking place in the evolution of the internet and digital business. Alibaba, already the undisputed king of e-commerce, handling more sales than Amazon and eBay combined, is now the ...

Pick up the trade press and you’ll hear about the big spenders, the brands who spend tens or even hundreds of millions of pounds on media. The reality is that most brands don’t spend anywhere near that amount. A good ...

Nice to see that Sir John Hegarty is doing something useful in the UK (as opposed to buying another vineyard in France) with his share of the proceeds of BBH’s sale to Publicis Groupe. Hegarty is launching incubator outfit The ...

Lively London client/agency matchmaker Oystercatchers held its annual awards last night for agency new business teams, awarding gongs for best RFI (response to client request for information), agency film, agency website and agency credentials. The only thing missing is best ...

Scottish Power, a UK energy company which has been hauled over the coals numerous times by the UK energy regulator for mis-selliing – to no effect, obviously – is up to its old tricks. Tonight I got a call from ...

South Korea-based marcoms company Cheil Worldwide has bought a stake in global integrated agency Iris, with an option to move to full ownership over the next five years. Cheil, which began life in 1973 as Samsung’s in-house agency, employs over ...