Hints and tips:
...Rosalind Brewer, Walgreens’ former chief executive, at the time signalled that the company would consider other deal options....
...On the Sudan, there was always the sense, call it a suspicion, that if I turned my head suddenly from my G&T at the bar I might glimpse Poirot’s familiar silhouette mincing past the etched glass of the lounge...
...Letter in response to this article: The low-cost, accessible approach to mass testing / From Sanjay G Reddy, Department of Economics, The New School for Social Research, New York, NY, US...
...WPP announced in August it would leave its Mayfair headquarters, where the former chief executive Martin Sorrell – who left the company in April – had been based....
...Huge sums are at stake — P&G alone spent $7.1bn on marketing last year....
...Please tell us what you think of Sir Martin Sorrell’s new venture vin the comments section below....
...P&G cut agency spending by $750m over the past three years and plans to increase that figure to $1.2bn by 2021, in a blow to groups such as WPP and Publicis....
...P&G, the world’s largest advertiser, has cut $750m from its external advertising spending over the past three years, more than 5 per cent of the total, and it is not finished cutting yet....
...“It’s time to disrupt this archaic ‘Mad Men’ model,” Marc Pritchard, P&G’s chief brand officer, told an industry conference on Thursday....
...For more than 30 years, Sir Martin Sorrell has set the narrative for the global advertising industry....
...Martin Sorrell, chief executive, said the decline was due to reduced spending by the companies that own packaged goods and consumer brands, with some, such as Procter & Gamble, Nestlé and Unilever, facing...
...Martin Sorrell’s 33 years at the advertising company he built, WPP, ended in controversy in part because he seemed to treat the people who worked most closely with him, such as his driver, with contempt....
...WPP, led by Sir Martin Sorrell, said last week that it would simplify much of its business and merge some agency functions in response to client needs....
...For WPP, P&G’s clarion call comes at a particularly difficult time....
...P&G, which has been grappling with the activist investor Nelson Peltz, spends about $10.7bn a year on advertising — more than any other company....
...Trian Partners, the New York-activist fund run by Nelson Peltz, last year won a seat on the P&G board following a viciously fought proxy battle....
...She moved to Hollywood in the 1940s and found stardom as a sultry actress opposite Humphrey Bogart in They Drive by Night and High Sierra, and in The Sea Wolf with Edward G Robinson....
...Sir Martin Sorrell, WPP’s chief executive, disagrees and remains optimistic about the holding company model....
...Prior to that, he was at M&G Investments Asia. Previously he worked at The Capital Group Companies in Singapore and Switzerland....
...But P&G, which spent $7.1bn on advertising last year, has a bigger target in sight....
...“It’s a tough environment,” says Sir Martin Sorrell, chief executive of WPP, the world’s biggest advertising group....
...Anne Richards, chief executive of fund manager M&G said: “Abhorrent though the event was, it has been really encouraging to see how many male colleagues are as outraged and offended by what took place as...
...“The digital disruption is a fundamental one,” Sir Martin Sorrell, WPP’s chief executive, said in an interview....
...Groups such as Unilever, which makes Dove soap, and P&G, which owns Gillette razors, have slashed advertising budgets, as ecommerce giants change the way goods are bought, sold and distributed....
...It is no surprise that Martin Sorrell’s successor is apparently being sought in Silicon Valley....
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