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WPP slumps to an annual loss of over £2bn

The group unveiled £3.1billion worth of impairment charges, including £2.8billion worth of goodwill associated with previous acquisitions. WPP said it will be re-launching its share buyback scheme immediately after a shift to online operations helped it wade through the worst points of the pandemic.   Hes in charge: Mark Read is the boss of WPP, which posted an annual loss today WPP helped Ford launch new online platforms when they could not open showrooms and worked with a string of other ...
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Top UK Stocks to Watch: Rolls Royce reports bigger loss than expected

Top UK Stocks to Watch: Rolls Royce reports bigger loss than expected Joshua Warner March 11, 2021 8:51 AM Rolls Royce hopes the airline industry can start recovering this year, Morrisons meets expectations, WPP ups its payout and launches a share buyback despite entering the red, Marshalls shares pop after it reinstates its dividend, and Shell gets a new chairman. ...
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Facebook's Dave Rolfe moves to WPP as global head of production

Rolfe will be based in Hogarth Worldwide, WPP’s creative production arm. 05 Mar, 2021 - 12:51 PM IST     |     By indiantelevision.com Team     NEW DELHI: WPP has appointed Dave Rolfe to the new role of global head of production, WPP and Hogarth. Rolfe, who was most recently head of production for global business marketing at Facebook, will be based in Hogarth Worldwide, WPP’s creative production arm. He joins in March, reporting to WPP’s incoming global chief creative officer...
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WPP executive bullish on China's digitalization

WPP executive bullish on Chinas digitalization By ZHENG XIN | China Daily | Updated: 2021-03-05 09:26 Share CLOSE Tencent Holdings Ltd showcases its image recognition technology during an internet expo in Wuzhen, Zhejiang province.[Photo by Tian Jianming/For China Daily] WPP is eyeing further growth in the Chinese market by making a bet on short video apps, gamification, entertainment marketing and more, said Mark Read, chief executive ...
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Walmart shopping for new ad agency

Close icon Two crossed lines that form an X. It indicates a way to close an interaction, or dismiss a notification. Walmarts CEO Doug McMillon. REUTERS/Jonathan Ernst Walmart is shopping for a new agency to handle its US ad-buying business. The development could be a big hit to advertising giant WPP, which has had the business for four years. It also comes as Walmart bulks up its own ad business to compete with Amazon, Google, and Facebo...
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