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☆ Mary Wells Lawrence, High-Profile Advertising Pioneer, Dies at 95
▼ + stars: | 2024-05-11 | by ( Robert D. Mcfadden | ) www.nytimes.com time to read: +1 min

She put the “plop plop, fizz fizz” into Alka-Seltzer. She warned Benson & Hedges smokers that long cigarettes might pop balloons or set fire to beards. And from Niagara Falls to Broadway, she reached millions with her “I ♥ NY” campaign. Ms. Wells Lawrence was the first woman to own and run a major national advertising agency — Wells Rich Greene — and the first female chief executive of a company listed on the New York Stock Exchange. She was “arguably the most powerful and successful woman ever to work in advertising,” Stuart Elliott, who was then the advertising columnist of The New York Times, wrote in 2002 of Ms. Wells Lawrence, who sold her agency for $160 million (about $385 million today) and retired in 1990.

Persons: Seltzer, Benson, Mary Wells Lawrence, Katy Bryan, Ms, Wells Lawrence, Wells Rich Greene —, ” Stuart Elliott Organizations: Braniff, Alka, Hedges, New York Stock Exchange, The New York Times Locations: Niagara Falls, Broadway, Ohio, New York, London

While stars, celebrities and Anna Wintour ascended the steps at the Met Gala on Monday night, protesters began assembling on the streets just surrounding the museum. In Central Park, a small group of protesters, accompanied by an A.C.L.U. observer in a blue vest, gathered with cardboard signs reading “No Met Gala While Bombs Drop in Gaza” and “No Celebration Without Liberation,” mixed in among signs that mostly dealt directly with the war in Gaza. Representatives of the group declined to answer questions or say how many protesters they were expecting. Another larger group made its way along Fifth Avenue, with many participants waving Palestinian flags and chanting “Gaza!

Persons: Anna Wintour, ” Organizations: New York Police Department Locations: Central, Gaza, Gaza .

☆ TikTok Tells Advertisers: ‘We Are Not Backing Down’
▼ + stars: | 2024-05-03 | by ( Sapna Maheshwari | ) www.nytimes.com time to read: +1 min

Hundreds of advertisers, including major brands like L’Oreal and Victoria’s Secret, flocked to the Lower East Side on Thursday night for TikTok’s annual spring pitch to marketers. It had been about a week since President Biden signed a law that says TikTok must be sold from its Chinese parent company or face a potential ban, and marketers were champing at the bit to hear TikTok’s thoughts. Blake Chandlee, TikTok’s president of global business solutions, kicked off the evening by thanking advertisers for their “tremendous support and trust” and said that the company considered the law unconstitutional and would challenge it in court. “We believe the facts and the law are clearly on our side and that we will ultimately prevail,” Mr. Chandlee told more than 300 attendees, some of whom couldn’t find chairs in the crowd. “I want you to know we are not backing down.”But for the rest of the roughly 45-minute presentation, which took place in a large gallery with the fuchsia and light blue lights of TikTok’s logo, it was business as usual.

Persons: Biden, Blake Chandlee, ”, “, Mr, Chandlee, couldn’t, Madison Locations: Washington

☆ Tanger CEO explains the upside in replacing tenants and how outlets appeal to luxury brands
▼ + stars: | 2024-05-01 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Tanger CEO Stephen Yalof told CNBC's Jim Cramer on Wednesday why it can be more valuable to replace tenants instead of renewing leases. "We've traditionally, at least over the last couple of years, have renewed existing tenants at a rate of about 95%," Yalof said. He added that not renewing a tenant's lease doesn't mean Tanger is getting rid of them completely. Yalof also explained how Tanger appeals to luxury brands. Because "the customer is aspirational," he said outlets draw in new clientele that may not have considered these high-end brands otherwise.

Persons: Stephen Yalof, CNBC's Jim Cramer, Yalof Locations: Madison

☆ Ralph Lauren’s intimate New York show invited the A-list into his studio
▼ + stars: | 2024-04-30 | by ( Nick Remsen | ) edition.cnn.com time to read: +6 min

Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection.

Persons: Ralph Lauren, Kerry Washington, Jessica Chastain, Morgan Spector, Hannah Einbinder, Mies, der, Nnamdi Asomugha, Glenn Close, Kevin Tachman, Ralph Lauren Hannah Einbinder, Zach Hilty, Ralph Lauren Jodie Turner, Smith, Ralph Lauren The, —, “, ” Lauren, Polo, ”, Christy Turlington, Isidore Montag, Ralph Lauren Ralph Lauren Fall, Cowboy Carter ” –, Lauren, glitz, ” “, Rebecca Hall, Lauren’s Organizations: CNN, Polo, Washington Locations: New York City, Madison, Manhattan

☆ Andrew Crispo, Disgraced Manhattan Gallery Owner, Dies at 78
▼ + stars: | 2024-03-19 | by ( Clay Risen | ) www.nytimes.com time to read: +1 min

Andrew Crispo, a once high-flying art gallerist in Manhattan brought low by a long series of tabloid-worthy scandals, including tax evasion, extortion and implication in the grisly 1985 murder of a Norwegian art student, died on Feb. 8 in Brooklyn. Mr. Crispo left no immediate survivors, and word of his death emerged only recently. Mr. Crispo opened his namesake gallery at the corner of Madison Avenue and 57th Street in 1973, and for the rest of the decade he ranked among New York City’s best-known art dealers. Though he lacked formal training in art, he was widely respected for his exacting eye, which he used to identify promising young painters. “He could have been another Larry Gagosian today,” said Edward Ligare, an artist whom Mr. Crispo represented in the 1970s, referring to the Manhattan mega-gallerist.

Persons: Andrew Crispo, J, Benjamin Greene, Crispo, New York City’s, “, Larry Gagosian, ”, Edward Ligare Organizations: New York, Manhattan Locations: Manhattan, Norwegian, Brooklyn, Madison

☆ Ad insiders are buzzing about industry power broker Michael Kassan's messy split with UTA and what it means for the future of MediaLink
▼ + stars: | 2024-03-13 | by ( Lara O'Reilly | Lucia Moses | ) www.businessinsider.com time to read: +9 min

After falling out with Kassan, UTA may think twice about buying another agency. The media and ad industry will be watching to see what, if any, leadership changes UTA makes at MediaLink. The end of the ad industry schmoozefest? One industry veteran said they saw Kassan's exit as an opportunity to change how ad industry consultants operate and charge for services. At the center of the dispute between UTA and Kassan is the MediaLink founder's $950,000 annual expense account.

Persons: Michael Kassan, MediaLink, Kassan, Jeremy Zimmer, Kassan wasn't, Vianney Tisseau, headhunting, Jon Miller, Sanford Michelman, Michelman, Robinson, Ethan Miller, Julian Jacobs, David Anderson, WME, Kassan's, Wenda Harris Millard, wasn't, what's, There's, Lou Paskalis, Marc Sternberg's, Lady Gaga, Elton John, Mariah Carey, Tom Brady, Rob Norman, WPP's Organizations: UTA, Cannes Lions, Consumer, Business, Los Angeles Superior Court, Los, Judicial, Mediation Services, Variety Cannes Lions Studio, Integrated Media, Getty, Talent, Accenture, General Motors, Netflix, JUV Consulting, Madison, Endeavor, Writers Guild of America, Zimmer, Western Initiative Media Worldwide, Interpublic Group, Bank of America, AJL, Marc Sternberg's Brand, Kassan, Southwest, NFL Locations: MediaLink, Cannes, France, Madison, Droga5, Hollywood, Kassan, California, South, Austin

☆ 13 signs your Hermès bag is a fake, from a luxury reseller who's trained to spot counterfeits
▼ + stars: | 2024-02-28 | by ( Robin Madell | ) www.businessinsider.com time to read: +9 min

Alexis Clarbour has been buying and selling Hermès bags for a decade and knows how to spot a fake. I took an operations role at an e-commerce marketplace called Portero, where my passion for luxury handbags, specifically Hermès bags, began. Under a loupe, the engraving may look chiseled and not as smooth as a genuine Hermès bag. Serial codeEvery Hermès bag has a serial code inside the bag. There are no deals — if someone offers a new Hermès bag below market in the secondary market, I'd recommend staying away.

Persons: Alexis Clarbour, authenticating, It's, Chanel, reselling, Hermès, —, we've, Kelly, Birkin, they've, it's, sloppily, there's, Le Duc, Price, I'd Organizations: Madison Avenue Couture, Nasdaq, MAC, Madison Avenue, Madison Locations: New York City, Hermès

☆ I was personal assistant to the billionaire founder of a secretive Wall Street firm. This is how I landed a meeting with him, from 10 personal reference calls to a 'Devil Wears Prada' interview moment
▼ + stars: | 2024-02-22 | by ( Carrie Sun | ) www.businessinsider.com time to read: +12 min

She has written a memoir about working for a secretive and wildly prestigious Wall Street hedge fund. Recruiters are one of the main gatekeepers for the hedge fund and private equity industries. I hadn't — but I had heard of Argon, a hedge fund that had long and widely been seen as financial royalty. A leading financial publication had called Carbon the world's hottest hedge fund. Another had named it one of the world's top-performing large hedge funds, ranking it among other hedge fund titans and their flagships, like Ray Dalio's Pure Alpha II and Ken Griffin's Citadel.

Persons: —, Carrie Sun, Sun, Beowulf Sheehan Yuna, Carrie, Yuna, Chang's, Meijer, Peter, Boone Prescott, He's, Peter glanced, Boone, Jen, you'd, Ruth, Maya, Warren Buffett, Ray, Ken Griffin's, Griffin, Anne Hathaway, Chanel Organizations: Service, MIT, New, Boone, Samsung, Ann Arbor ., College, Carbon, NYU, Alpha, Penguin Press Locations: China, Michigan, Jersey City, Kansas, Midtown, receptionists, Manhattan, Ann Arbor, United States, New York, New Jersey, Anhui, Barneys, Madison, America, Boone, Missouri

☆ Cast of ‘The New Look’ Reflects on Chanel and Dior’s War-Torn Past
▼ + stars: | 2024-02-14 | by ( Alex Vadukul | Jutharat Pinyodoonyachet | ) www.nytimes.com time to read: +1 min

On Monday evening along Madison Avenue in Manhattan, while fashionistas on the Upper East Side finished their shopping rounds at Dior and Chanel, a crowd headed to the French Institute Alliance Française to attend the premiere of an Apple TV+ series that recounts the origin story of those two fashion houses through the tale of Coco Chanel and Christian Dior’s lives in war-torn Paris during the 1940s. “The New Look,” which starts streaming today, is a period drama that portrays the rivalry between Chanel, who is played by Juliette Binoche, and Dior, who is played by Ben Mendelsohn. The show chronicles how these two figures were shaped by the moral challenges of life in Nazi-occupied Paris and how they managed survival and self-preservation. The war’s effect on Cristóbal Balenciaga, Pierre Balmain and Pierre Cardin is also explored. Her younger and striving rival, Dior, resentfully makes evening gowns for the wives of Nazis, while his sister, Catherine, is sent to a concentration camp after her arrest as a resistance fighter.

Persons: Chanel, French Institute Alliance Française, Coco Chanel, Christian Dior’s, “, Juliette Binoche, Dior, Ben Mendelsohn, Balenciaga, Pierre Balmain, Pierre Cardin, Chanel’s, Winston Churchill, resentfully, Catherine Organizations: Madison, East Side, Dior, French Institute Alliance, Apple, Nazi Locations: Manhattan, fashionistas, Paris, Nazi

☆ Tommy Hilfiger’s homecoming show sets stage for all-American new chapter
▼ + stars: | 2024-02-13 | by ( Nick Remsen | ) edition.cnn.com time to read: +8 min

CNN —Tommy Hilfiger has set the stage for a new chapter at his eponymous megabrand — and he did so by coming home. Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger In photos: Looks from Tommy Hilfiger's "elevated" Fall-Winter 2024 fashion show Prev NextFrom streetwear to sailing gear to sporty and preppy, often with a frisson of celebrity, it’s this lifestyle-driven approach, which is perhaps less about the fashion than it is the feeling, that is the key to Hilfiger’s modern — and continued — success. Elliot Grainge and Sofia Richie Grainge attend Hilfiger's show. Richie Grainge herself has evolved her stylistic approach from an ostentatious Los Angeleno verve into a look that’s more low-key highbrow. “Sofia is a style icon, and she’s also just an incredible person.”Gigi Hadid and Tommy Hilfiger walk the runway at the Tommy Hilfiger's Fall-Winter 2018 show during Milan Fashion Week on February 25, 2018.

Persons: Tommy Hilfiger, —, Hilfiger, ”, ” Tommy Hilfiger, Robert R, McElroy, à, Filippo Fior, Tommy Hilfiger Filippo Fior, Tommy Hilfiger's, Sofia Richie Grainge, Tommy, Damson Idris, Sonam Kampoor, Noah Beck, Jacob Rott, Chris Appleton, Halima Aden, Jasmine Tookes, Elsa Hosk, Elliot Grainge, Rob Berry, Kelly Rutherford, Lily van der, Blake Lively, Serena, Richie Grainge, ” Hilfiger, “, she’ll, Gigi Hadid, she’s, ” Gigi Hadid, Daniele Venturelli, Richie, we’ve, We’ve, Thomas Iannaccone, Corey Tenold, Hilfiger’s, NYFW, ebullience Organizations: CNN, Oyster, Grand Central, New, Hilfiger, HBO, Warner Bros ., verve, Milan, Penske Media, New York Locations: New York, Madison, New York City, —, Sofia, “ Sofia, American

NEW YORK (AP) — Tommy Hilfiger threw himself a welcome home party Friday night at Grand Central's Oyster Bar with Questlove as his DJ and Jon Batiste serenading Anna Wintour on his melodica while a bevy of global celebrities looked on. Turning the iconic restaurant into “The Tommy” club for a night, Hilfiger called his New York Fashion Week show “A New York Moment,” rolling out roomy, '90s prep classics for the bash. The last time he hit town for fashion week was in September 2022, when his crowd braved rain for his “Tommy Factory” show at a Brooklyn drive-in theater. As the crowd sipped cocktails in booths, Hilfiger stuck to what he knows on models walking through: rugby shirts, blazers, chinos and varsity jackets in corduroy and herringbone. “We’ve got a very big polo shirt business, chino pant business, Oxford shirt business.

Persons: — Tommy Hilfiger, Questlove, Jon Batiste serenading Anna Wintour, Tommy ”, Hilfiger, Tommy Factory, Nayeon, Junho Lee, Sonam Kapoor, Sofia Richie Grainge, Damson Idris, Sylvester Stallone, ”, “ We're, Stallone, Batiste, “, “ We’ve, chino pant, ” Hilfiger, PVH Organizations: New, Associated Press, Global Locations: Brooklyn, Madison, Germany, France, Italy, England, Turkey, Scandinavia, Greece, U.S, New York, chino, Oxford

☆ Publicis just laid down the gauntlet on the ad industry by pledging to invest more than $300 million in AI
▼ + stars: | 2024-01-25 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

In an hour long video presentation, Publicis execs laid down the AI gauntlet to its competitors as Madison Avenue reckons with how AI technology will transform — and challenge — the ad business. It bought first-party data platform Epsilon in a $4.4 billion 2019 acquisition. "We're in such a fantastic position to leverage AI better than our competition," said Carla Serrano, Publicis Groupe global chief strategy officer in an interview. "There's no such thing as AI without great data and we have connected, proprietary data, and we're a platform company," she added. Publicis said it plans to invest 100 million euros, around $109 million, in building the AI platform in 2024.

Persons: Groupe, execs, Publicis, CoreAI, Sapient, Carla Serrano, Serrano, Michael Farmer Organizations: Business, Madison, reckons, Microsoft, Labs, Epsilon, WPP, Havas, Publicis Groupe, Google, Tech

☆ Why Netflix, Disney, and other Hollywood companies are flocking to CES this year
▼ + stars: | 2024-01-08 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

Advertising and marketing pros made up 7% of CES' attendees in 2023, per CES. Look for topics like the creator economy and the rise of artificial intelligence to dominate the conversation for advertisers, Kassan added. And Roku, which is closing in on its search for a new ad sales head, is sending a large contingent. The cost advertisers pay for streaming ads is expected to decline as platforms release more inventory, particularly with Amazon unleashing ads on Prime Video. Advertisers also have more options with the fast-growing FASTs (free, ad-supported streaming TV channels), which primarily offer older TV shows and movies.

Persons: David Benioff, Weiss, Alexander Woo, Amy Reinhard, execs, It's, who'll, Patrick Pannett, Michael Kassan, Evan Spiegel, Kassan, — that's, Rita Ferro, NBCUniversal's Mark Marshall, NBCU's Peacock, NBCUniversal, Peacock, NBCU, Tanner Elton, Amy McDevitt, Ludacris, Jon Steinlauf, GroupM Organizations: Netflix, CES, Business, Consumer Technology Association, Madison Avenue, Walmart, Disney, Nexstar Media Group, Nvidia, Paramount, CTA, Tech, NBC, Bravo, Amazon Ads, Warner Bros, Magna, CTV, Hulu, Intelligence, Prime Video Locations: Las Vegas, Peacock

☆ Sam Altman's return to OpenAI doesn't necessarily mean a return to normalcy
▼ + stars: | 2023-11-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at Sam Altman returning to the helm of OpenAI. Less than five days after his shocking ouster, Sam Altman is set to return to OpenAI as its CEO. Microsoft's CEO Satya Nadella, a key figure in the past few days' drama, comes out a winner. By helping to reinstall Altman at OpenAI, he stabilizes a key piece of Microsoft's AI strategy.

Persons: —, NASA's James Webb, Sam Altman, JACK GUEZ, OpenAI, Altman, we're, Bret Taylor, Larry Summers, Taylor, Adam D'Angelo, Greg Brockman, OpenAI's confounder, They've, Tim Paradis, Satya Nadella, Kevin Scott, Insider's Ashley Stewart, Julie Bort, Darrin Zammit Lupi, Patrick T, Fallon Rivian, Elon Musk's, Jack Dorsey, Amr Bo Shanab, Madison, they're, Vladimir Putin, Billie Jean King, Jamie Lee Curtis, Scarlett Johansson, Hailey Bieber, John Deere, LongeviQuest's Ben Meyers, Yumi Yamamoto, Fabrizio Villatoro, Jack SteerLo, Fusa Tatsumi, they've, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, NASA's James Webb Space Telescope, Getty, Silicon, Business, Microsoft, REUTERS, Elon, Madison Ave Locations: OpenAI, AFP, OpenAI's, India, New York City, San Diego, London, New York

The ad industry is in the midst of a major shakeup. This year, generative AI emerged as a tool that could potentially take advertising work to new heights , even as some staffers fear they could be replaced . This story is available exclusively to Business Insider subscribers. This is the sixth year Business Insider is recognizing rising changemakers within ad agencies. Scroll down to see 30 rising stars of Madison Avenue, listed alphabetically.

Organizations: Google, Business, Madison

Thousands of people took to the streets on Friday evening in the latest instance of what has become near daily protests in New York City over the Israel-Hamas war. This time, pro-Palestinian demonstrators held banners and signs demanding a cease-fire in the bombardment of Gaza. Earlier in the afternoon, several rallies attracting hundreds of people formed at different points around the city, including Union Square, the J.P. Morgan offices on Madison Avenue and Gov. Kathy Hochul’s New York office near the United Nations headquarters, before merging on the steps of the New York Public Library near Bryant Park. As demonstrators wound their way through the center of the city, they waved Palestinian flags, held handmade signs with messages like “Ceasefire now,” and chanted, “Free Palestine.” The crowd stretched several blocks and paused at times in front of Pennsylvania Station and the New York Times building.

Persons: Morgan, Kathy Hochul’s, Debbie Bitar Organizations: Madison, United Nations, New York Public, Pennsylvania, New York Times Locations: New York City, Israel, Gaza, York, Bryant Park, Midtown Manhattan, Palestine, United States

☆ George Tscherny, Whose Graphic Designs Defined an Era, Is Dead at 99
▼ + stars: | 2023-11-17 | by ( Clay Risen | More About Clay Risen | ) www.nytimes.com time to read: 1 min

George Tscherny, a leading figure in postwar graphic design whose work unified the crisp, clean lines of European modern art with an American commercial pop sensibility, died on Monday at his home in Manhattan. His daughter Carla Tscherny confirmed the death. Mr. Tscherny (pronounced CHAIR-nee) started his career in the early 1950s, near the beginning of an extended golden era of American consumerism and corporate growth — a period that demanded new types of advertising. Many of the designers who crafted the signature images of the era were European immigrants, often refugees like Mr. Tscherny, who brought a familiarity with the latest in modern art and design. Their work graced advertising campaigns, produced on Madison Avenue, that pushed cigarettes and toothpaste and jet travel into American homes.

Persons: George Tscherny, Carla Tscherny, Tscherny Locations: American, Manhattan, Madison

☆ Ivana Trump's $22.5 million townhouse is still on the market after a year — look inside
▼ + stars: | 2023-11-02 | by ( Ray Parisi | ) www.cnbc.com time to read: +5 min

watch nowThe late Ivana Trump's townhouse in New York has sat on the market for one full year with no takers. He was hired by Ivana Trump's estate, which benefits her three children Ivanka, Donald Jr. and Eric, according to Erickson. Ivana Trump's former NYC townhouse sits between Fifth and Madison Avenue on 64th Street. Living room Evan Joseph / Douglas EllimanPublic records show Ivana bought the limestone townhome in 1992 for $2.5 million. Primary bedroom Evan Joseph / Douglas EllimanIvana's former en suite bedroom spans the entire third floor and includes a fireplace and terrace.

Persons: Ivana Trump's, Ivana Trump, Donald Trump's, banister, Evan Joseph, Douglas, J, Roger Erickson, Douglas Elliman, Ivanka, Donald Jr, Eric, Erickson, It's, Ivana, Louis the, Jonathan Miller, Miller Samuel, Miller Organizations: Madison, Miller Samuel Inc, CNBC Locations: New York, Versailles, Fifth, St, NYC

☆ Suzanne Vranica — Advertising Editor at The Wall Street Journal
▼ + stars: | 2023-10-25 | by ( Suzanne Vranica | ) www.wsj.com time to read: +1 min

Suzanne VranicaSuzanne Vranica covers the advertising and marketing industries and is part of The Wall Street Journal’s media & marketing bureau in New York. During her long tenure on the beat, she’s covered the inner workings of Madison Avenue and companies such as WPP, Omnicom, and Publicis. Her stories often chronicle how advertising across all forms of media is being disrupted by technology and data. Suzanne helped launch CMO Today, a web vertical started by the Journal in 2014 that addresses the rapidly transforming marketing businesses and the role of marketing in the C-Suite. A New York native, Suzanne is a graduate of Iona College.

Persons: Suzanne Vranica Suzanne Vranica, she’s, Suzanne Organizations: WPP, Omnicom, Google, Iona College Locations: New York, Madison, Westchester County

☆ Insiders question WPP CEO Mark Read's bounceback plan after chaotic period of mergers, account losses, and a stock market slump
▼ + stars: | 2023-10-25 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +11 min

"OMD and Publicis are winning all the meaningful pitches," said a former WPP agency executive, referring to competitors Omnicom and Publicis Groupe. Further, GroupM is just one of the many parts of WPP's business that Read needs to fix. Insiders describe a whirlwind of change but confusion about the bigger visionA current WPP agency executive said they were frustrated by what they described as a vacuum of information about the bigger strategy for WPP. Getty Images"It feels like something bigger has to happen now," said a current WPP agency executive. The ongoing pitch for Volkswagen's $4 billion global media business underscores the tremendous amount of resources needed to win the proposal, and the huge prize at stake.

Persons: Christian Juhl, San, GroupM, Publicis, Kirk McDonald, McDonald didn't, Ogilvy, it's, Thomas Singlehurst, Juhl, Mark Read's, It's, Read, Martin Sorrell, AKQA, Sard, Wunderman Thompson, J.Walter Thompson, Joanne Wilson, Andrew Scott, Roberto Quarta, Angela Ahrendts, Craig Barritt, —, haven't, Clark, Arthur Sadoun, WPP's Read, Michael Farmer Organizations: WPP, Publicis, L'Oreal, Omnicom Media Group, Pfizer, North, GroupM, Verizon, Discovery, Adobe, Citigroup, Shanghai, reined, AKQA Group, Finsbury Glover, Partners, Young, Rubicam, London Stock Exchange, Brexit, Getty, Burberry, Apple, The New School Industry, VW, Groupe, Epsilon Locations: San Francisco, China, EssenceMediaCom, Kansas, Kansas City, New York, Mayfair , London, New York City

☆ Hermes sales beat expectations, defying luxury sector gloom
▼ + stars: | 2023-10-24 | by ( Mimosa Spencer | ) www.reuters.com time to read: +2 min

[1/2] A Hermes store sign is seen at a shopping mall in San Diego, California, U.S., November 23, 2022. "Despite an uncertain context, our outlook remains unchanged," Eric du Halgouet, Hermes executive vice president finance, told journalists, noting strong growth in the U.S. and Asia, including China. Sales in the Americas rose 20%, despite smaller price hikes than in other parts of the world, with even growth rates on both U.S. coasts, Hermes said. In Europe, sales grew 18.1%, with Du Halgouet noting no sign of a slowdown in tourist traffic in the region, and no slowdown in France, including in the first weeks of October. "We are attentive," said Du Halgouet, noting an uncertain geopolitical context could affect tourism.

Persons: Mike Blake, Birkin, bellwether, Hermes, Eric du Halgouet, Du Halgouet, Bernstein, Luca Solca, Mimosa Spencer, Ingrid Melander, Jan Harvey Organizations: REUTERS, Rights, U.S, Analysts, Thomson Locations: San Diego , California, U.S, Asia, China, Americas, Madison, New York, Europe, France, Japan

☆ Wall Street hiring is up, but it's not what you think. Here's what's really going on.
▼ + stars: | 2023-10-13 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +4 min

Third-quarter earnings season kicked off on Wall Street with JPMorgan and Citigroup reporting that headcount is up. In announcing third-quarter earnings, JPMorgan said headcount was up 7% over this time last year to 308,669. And the geopolitical conflict in the Middle East raises concerns about whether dealmaking — and therefore investment banking hiring — will come back next year. The investment bank, which was recently bought by Swiss rival UBS, said it currently has more than 2,000 staffers in that location. At Citi, investment banking fees were down 18% over last year, although underwriting fees have improved as companies look to sell more debt and stock.

Persons: headcount, Mark Mason, Mason, dealmaking, —, Jane Fraser, Goldman Sachs, Jamie Dimon, Fraser, I'm Organizations: JPMorgan, Citigroup, Citi, Credit Suisse, New York Department of Labor, Madison, Swiss, UBS, Financial Times, Barclays Locations: New York City

☆ Alexandra Bruell — Reporter at The Wall Street Journal
▼ + stars: | 2023-09-28 | by ( Alexandra Bruell | ) www.wsj.com time to read: +1 min

Alexandra BruellAlexandra Bruell covers the news and magazine publishing industry and is part of The Wall Street Journal’s Media and Marketing Bureau in New York. Prior to taking on the publishing beat, Alexandra covered advertising for the Journal. Before joining the Journal in 2016, Alexandra worked as a reporter for Ad Age. There, she wrote about marketing and Madison Avenue, including a series of stories about allegations of kickbacks in the media-buying business. Earlier in her career, she covered the business of consumer marketing for a public relations trade publication.

Persons: Alexandra Bruell Alexandra Bruell, Alexandra Organizations: Journal’s Media, Marketing Bureau, Journal, Netflix, Ad, Madison, Tulane University Locations: New York, newsrooms, New York City

☆ Seeking nominations for the 2023 rising stars of Madison Avenue
▼ + stars: | 2023-09-25 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +2 min

Insider is seeking nominations for its annual list of the rising stars of Madison Avenue. AdvertisementAdvertisementInsider is looking for nominations for our annual list of the rising stars of Madison Avenue, and we want to hear from you. Criteria and methodologyAdvertisementAdvertisementThe list will profile ad agency talent across departments at traditional agencies as well as consulting firms. We will look at factors including the nominee's role, responsibilities, and impact on their agency or firm and the industry. Submit your nominations here and include as much detail as to why your nominee deserves to be recognized.

Organizations: Madison, Morning

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