Finance

Mendelsohn and Phoenix to drive Karmarama expansion

The IPA’s first woman president Nicola Mendelsohn is clearly not content to rest on her industry laurels and she’s just brought in private equity group Phoenix to help drive expansion at Karmarama, the agency she joined as executive chairman from ...

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Can Jaguar really challenge BMW and Mercedes?

At the moment it seems to be doing a remarkably good job considering that, shortly after Indian firm Tata bought Jaguar Land Rover from Ford in 2008, the financial crisis struck and the deal looked a lemon. Tata Motors has ...

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The ad business needs someone sensible to run global financial policy – so let’s hear it for France’s Christine Lagarde

The global ad business has been booming for the past year but all that could come grinding to a horrible halt if there isn’t a solution to the Eurozone problems (the fear that Greece, Ireland and Portugal will go bust ...

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It’s Uzbekistan against America in Arsenal boardroom battle

What happens on the pitch is only half of it in football these days (but it always has been a game of two halves) with footballers clogging up the courts with injunctions and boardroom battles. London Premiership team Arsenal, for ...

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Yahoo to pay $28m for loss-making unsold inventory online ad network 5to1

Yahoo is to buy Santa Monica-based online ad network 5to1 for an eye-watering $28m, despite the company turning over less than $1m and losing $9m. 5to1, set up by former Fox Interactive Media executives, finds well-known brands to place in ...

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Now Mothercare wields the axe as UK High Street slump bites

The UK High street is a hellish place for mid-sized retailers at the moment as tax rises and the public sector pay freeze take large lumps of out of UK consumers’ wallets (or purses in this case). Mothercare is the ...

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