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...Fitch, the rating agency, noted last week that “overcapacity in China’s hog breeding industry is likely to persist into the second quarter”, and that most breeders “are likely to continue facing losses”....
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...The international agency acquired Kassan’s strategic advisory firm MediaLink in 2021 for $125mn from UK-based Ascential, and made Kassan a partner....
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...WPP’s annual pre-tax profits fell by more than two-thirds to £346mn in 2023 as it faced restructuring costs at its global agencies....
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...Advertising agencies have weathered storms before and fought their way through....
...A year on, that confidence has turned to concern after rating agency Moody’s downgraded the company this week and estimated sales had fallen 40 per cent in January and February compared with a year ago,...
...Thomas Haldenwang, head of Germany’s domestic intelligence agency the Federal Office for the Protection of the Constitution (BfV) now holds regular meetings with the chief executives of large businesses...
...For Mark Tanner, managing director of Shanghai-based branding agency China Skinny, there is an element of national pride bound up in demand for the product....
...The new agency, which will be called Burson, will have a client roster that includes more than half of the Fortune 100 across corporate and public affairs, healthcare, technology and brand marketing....
...The rating agency pointed to “declining contracted sales”, which it estimated had fallen 40 per cent in the first two months of the year from a year ago to Rmb34.5bn ($4.8bn) and “rising uncertainties over...
...Under the proposed amendment, the definition of foreign power will refer to the head of a foreign state, a foreign government or part of a foreign government, an agency of a foreign government, authorities...
...WPP said it had completed a broader restructuring of its marketing, advertising and PR agencies under six networks — AKQA, Ogilvy, VML, Hogarth, GroupM and Burson....
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...“Proactive fiscal policy must be appropriately intensified,” the politburo said on Thursday, according to the Xinhua state news agency....
...Top advertisers are expected to pay about $7mn for 30 seconds of advertising during Super Bowl LVIII, an increase of about 10 per cent on last year’s event, according to Dentsu, the global advertising agency...
...A global media buying and marketing agency will be launched aimed at start-ups and smaller tech businesses backed by media executive Marc Boyan and Founders Forum boss Brent Hoberman....
...The Paris group, which owns advertising and market agencies around the globe, said that its AI strategy would allow all 100,000 of its staff to use consumer data for 2.3bn profiles of people across the world...
...Sorrell, who founded S4 as a marketing start-up focused on technology after leaving London-listed advertising agency WPP in 2018, said the company was focusing on “medium-term growth”, as well as improving...
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