|
Our last four ads of 2007. Fittingly, we're featuring work from two of the
world's hottest agencies this week. Long
Time Coming is the first ad for Nike from Crispin Porter & Bogusky.
The Miami agency successfully loosened Wieden & Kennedy's iron grip on
the sneaker giant's account earlier in this year, winning a brief for the
Nike Plus running system. It's a great ad, exciting too (although its
'evolution' concept reminded me a little of this
British ad for Motorola from AMV BBDO from mid year).
Don't you just hate Fallon London? Can they do nothing wrong? Not only are
they unquestionably the UK's star agency this year (see more below) but
their creative output seems to go from strength to strength. Here's another
fabulous piece of work for Sony, easily on a par with the other work
we've featured here before for the Bravia or Walkman. This one is for the
Cybershot camera/camcorder range. Wonderful! (Great music too, from
JUSTICE).
Manufacturers of hair styling tools don't often tend to commission the
most creative advertising, but UK company GHD have well and truly broken
the mould with a
great series of virals and TV ads. TBWA\Manchester is responsible. All
the spots centre around that particularly female war between girls with
straight hair and girls with curly. Curl envy, I think it's called. (I'm
racking my brain to think what the male equivalent would be. Oh, yeah.
Well you couldn't make an ad about that.)
And finally, a
bizarre and haunting ad for US insurer Farmers, from Campbell-Ewald.
Like GHD, Farmers has truly set itself apart from the rest of its sector
with ads which are challenging and unexpected. This one, from earlier this
year, is no exception. I'm not sure what, if anything, it says about the
product - let's face it, having insurance is not going to make this
particular "strange feeling" any less strange - but it certainly sticks in the mind.
In the news this past week: Advertisers &
Media
Renault triumphed over General Motors to acquire a strategic shareholding in Russia's biggest
car company AvtoVaz. That group accounts for around 70% of all auto
manufacturing in Russia, and sold around 700,000 cars in 2006, equivalent
to local market share of 30%. AvtoVaz has a joint venture with GM to manufacture
small cars and SUVs in Russia under the Chevrolet name, but it is
best-known for the Lada passenger car
brand. Under
the terms of the new deal, Renault will acquire a 25% stake in its Russian counterpart, and will invest around $900m to modernise production systems, while also taking over effective
management control of Lada. Renault and Nissan will also use
AvtoVaz's vast plant outside Moscow for production of their own
vehicles. At a stroke, Russia will overtake France to become
Renault's biggest global market, and the Renault-Nissan-Lada alliance will
overtake Ford to become the world's third largest auto manufacturer.
The scene was set this week for what is expected to be one
of the most keenly contested corporate sell-offs of 2008. After two years
of speculation, the Swedish government has opened the bidding process for
Vin & Sprit, the state-owned drinks company whose best known brand is
international premium vodka Absolut. Morgan Stanley is handling the sale,
and is expected to issue information packs to interested bidders over the
next few weeks. All four of the world's leading drinks companies - Diageo,
Pernod-Ricard, Bacardi and Fortune Brands - have put their names into the
hat, as have private equity groups including EQT, the investment fund
controlled by Sweden's Wallenberg family. V&S could be sold in one
piece, or may even be split up, depending on the offers received.
British media group EMAP agreed the sale of its entire
consumer magazine and radio business to German publisher H Bauer for a
better-than-expected £1.14bn. However, the business-to-business division, which had been
considered the most sought-after part of the group, failed to find a buyer
at the asking price of £1.3bn. As a result it has been withdrawn from
sale, and EMAP will now restructure itself as a focused B2B publisher. That deal adds considerable bulk to
Bauer's presence in the UK.
Although a giant in Germany and several Eastern European markets, Bauer's
presence in the UK was limited to a few large circulation but low profile
weekly titles, such as Take A Break and Bella.
Several important senior executive appointments this week. Vikram Pandit was appointed as the
new CEO of Citigroup. Highly admired in
financial circles, Pandit was head of institutional securities
at Morgan Stanley until 2005, when he became one of the first victims of
that bank's internecine management battle. He
subsequently established his own hedge fund specialising in alternative
investments, which was acquired by Citi earlier this year. Pandit has
vowed to conduct "an objective and dispassionate" examination of
Citigroup's sprawling corporate structure, which could lead to disposals
of some parts of the business. A split into two separate retail and
investment banking businesses is a distinct possibility. Over at Coca-Cola,
as had been expected, Muhtar Kent was named as CEO-designate. He will step
up to the role in July next year. Incumbent Neville Isdell will remain
chairman until 2009.
Meanwhile, James Murdoch's role as heir apparent at News Corporation was
further cemented by a promotion to lead all the group's operations
spanning Europe and Asia. He was replaced as CEO of BSkyB by Jeremy
Darroch. At the same time, the group has transplanted two senior managers
from London to New York to run newly acquired Dow Jones & Co, parent company of
the Wall Street Journal. News International chairman Les Hinton was named
as CEO of Dow Jones, with Times editor Robert Thomson becoming group
publisher of WSJ and other titles.
How are the mighty fallen. Former newspaper tycoon Conrad Black, once the toast of international media circles, was
sentenced to 6
1/2 years in prison for fraud. He will go to jail in Spring next year,
after being found guilty of siphoning millions
from his Hollinger International group to fund the lavish jetsetting
lifestyle he enjoyed with his wife, journalist Barbara Amiel.
McDonald's took a fair amount of heat at the end of last week for a promotion aimed
directly at elementary school children in Florida. The fast food group has
sponsored the printing costs of folders for school report cards in
Seminole Country, Fla, in return for a voucher on the cover. Any student
who receives all A and B grades or top marks for citizenship or attendance
is entitled to a free Happy Meal. This promotion managed to make headlines
around the world as a result of a vociferous media campaign launched
against it by the US pressure
group Campaign for a Commercial-Free Childhood and one local parent, Susan
Pagan. (Their names and comments feature in virtually all of the
hundreds of press reports referring to the incident). However, local
school officials have pointed out that the report covers have featured
commercial messages for almost a decade, and until this year, were
sponsored by Pizza Hut without any significant criticism. Pizza Hut
already runs an extensive school campaign in the US whereby school
children are rewarded for reaching monthly reading goals with a free
one-topping pizza each month.
You can export to hear more about Taiwanese computer manufacturer Acer
in the future. Now the global #3
behind HP and Dell as a result of its purchase of Gateway and Packard
Bell, Acer has also secured a position as one of the lead sponsors of the Olympics
from 2009 to 2012, replacing arch-rival Lenovo, which is to drop out as a sponsor after next year's Beijing event.
Consumer products group Reckitt Benckiser strengthened its
over-the-counter healthcare portfolio with the acquisition of US company
Adams Respiratory for $2.3bn. The deal will add a collection of cough and
congestion remedies including Mucinex and Delsym to Reckitt's portfolio.
Microsoft has agreed to acquire UK-based online
mapping service Multimap for an undisclosed sum, thought to be
around £50m. The purchase is designed to boost Microsoft's presence in a
sector increasingly dominated by Google and Nokia's Navteq. Multimap is to
be merged into Microsoft's existing 3D and 2D mapping system Virtual
Earth, which it licenses for corporate use.
In the news this past week: Agencies
General Motors has adopted a new strategy which could shake up regional
marketing for its cars in the US. Since 2000, all local marketing and
media buying for GM's dealership groups has been handled by its
main brand agencies. From April next year, however, all 750 local
dealer organisations will have the option to appoint their own agencies, allowing
for much greater flexibility in their marketing. GM's national
agencies will still supply a "tool box" of creative assets, but
dealers will be able to hire their own shop to adapt material to their local needs.
UK trade bible Campaign named Fallon London as its Agency of the
Year, for the second consecutive year. The shop is estimated to have
doubled its billings during the course of 2007 to around £120m, enough to
push it into the UK's Top 20. Its gorilla viral for Cadbury was
Campaign of the Year. Dare was named Digital Agency of the Year for
the fourth time in five years. Among other winners, BBDO was
Network of the Year, Mediaedge:CIA London took the prize for Media
Agency, and Carat was honoured as Media Network. OgilvyOne
was Direct Agency of the Year. Heinz was selected as Advertiser of
the Year, while Google took gold in the Medium of the Year
category.
Independent London creative agencies RPM3 and Beechwood are
to merge under the new name of RPM3 Beechwood. How creative is that?
It was another comparatively quiet week for account assignments. Royal
Caribbean Cruises appointed JWT and MindShare for US
creative and media respectively. Orangina Schweppes in France
transferred media for all its brands from Carat to KR Media.
Unilever consolidated global creative for its Signal toothpaste
portfolio with Lowe, dropping BBH in Europe. For all other appointments,
subscribers can access the full Adbrands Account
Assignments database here.
As always, if you haven't already done so, please confirm your subscription
to the free Adbrands Weekly Update by
clicking here or on the link at the foot of this email. Thank you for your
assistance!
See you next year!
Simon Tesler Publisher, Adbrands
|