Finance

Can Easyjet's Stelios match Richard Branson's Virgin Active with easyGym?

Easyjet founder Sir Stelios Haji-Ioannou is making another attempt to build a worthwhile brand extension to his Easy brand with the launch of easyGym, a cut-price chain of gyms in the UK. With everyone predicting real pain for the economy ...

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Havas boosted by strong North America performance

Havas, fifth in the marcoms holding company stakes, produced a strong profit surge in the first half of 2010 on the back of a rebound in North America where it has been been engaged in some heavy restructuring. The French-owned ...

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Aegis profit growth makes life harder for Vincent Bollore and Havas

Aegis shareholder Vincent Bollore, whose Havas empire owns 29.9 per cent of the media buying and research firm, is no doubt pleased to see Aegis revenues (up 4.4 per cent in the half year to June) and post tax profits ...

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Now Publicis aims to add Brazil’s Talent agency to AG2 acquisition

Publicis Groupe boss Maurice Levy seems to have decided that Brazil is where the action is and he’s expected to snap up another agency there, Talent, for around $200m and add it to his recent acquisition of digital agency AG2. ...

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Lord Bell’s Chime turns in more advertising good news

UK adland seems awash with money at the moment with Chime Communications, the advertising to PR empire ruled by Mrs Thatcher’s favourite adman Lord Bell, turning in half year profits of £12.3m up from £8.9m (itself a good performance in ...

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WPP’s Sorrell at odds with investors over economic outlook

He’s not the only CEO either. Sir Martin Sorrell has just reported robust figures from WPP, with profits up 36 per cent to £244m, and says sales growth is quickening even in hitherto benighted US and Europe. But WPP’s shares ...

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Centerview sets its sights on fmcg companies – first stop United Biscuits

Centerview is a US-based private equity and advisory operation specialising in consumer goods companies and it’s being retained by companies all over the place who are convinced that stock market values don’t reflect the value of the other companies they’d ...

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Poundland sends profits soaring by winning over the middle classes

Two interesting trends emerged today when Poundland, the discount store group that sells over 3,000 items for £1 each, produced spectacular results — pre-tax profits up from £8.6 million to £19.8 million, with sales rising by 28.9 per cent to ...

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