360PR+ Acquires CRC
Tue, Feb. 8, 2022
By Kevin McCauley
360PR+ has acquired New York lifestyle shop CRC, which was launched in 2007 by Cindy Riccio to work in the personal care, beauty, health & wellness, food, tech and home goods categories.
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360PR+ has acquired New York lifestyle shop CRC, which was launched in 2007 by Cindy Riccio to work in the personal care, beauty, health & wellness, food, tech and home goods categories.
Publicis Groupe chalked up 8.8 percent growth in net revenues for 2021 to a record $13.3B. It will reward 35K salaried staffers a bonus of a week's pay for their "outstanding efforts" during the 24 months of COVID-19.
O2 Investment Partners has taken an investment position in New York-based BerlinRosen to power its next phase of growth.
The COVID-19 pandemic has upended labor market dynamics, creating an economy-wide shortage of workers. For public relations and marketing firms, wages are the single biggest cost, and rising labor costs are hitting them hard.
FTI Consulting has acquired Bold, a restructuring, transactions, digital advisory firm in the Netherlands with 31 billable staffers.
Abernathy McGregor represents European investment firm JAB Holdings as it slates an initial public offering for its Panera Brands unit composed of Panera Bread, Caribou Coffee and Einstein Bros. Bagels.
Finn Partners has acquired Anthology Marketing Group, the 86-member Honolulu-based integrated marketing communications shop with a robust travel and tourism practice.
WPP CEO Mark Read recorded a 15.7 percent growth in Q3 revenues (less pass-through costs) to $3.6B as clients across the board hiked investments in marketing, especially digital media and eCommerce services.
FTI Consulting’s strategic communications unit posted a 31.1 percent jump in Q3 revenues to $69.4M, driven by a robust demand for its corporate reputation and PA services.
Digitally tracking performance measurements is one way organizations can leverage technology in order to make better business decisions.
Interpublic reported Q3 revenues rose 15.7 percent to $2.3B as it registered solid gains across all operating sectors and geographic regions. Organic growth jumped 15.0 percent. (Updated)
Omnicom Group’s Q3 revenues grew 7.1 percent to 3.4B due to the moderation of the impact of the COVID-19 pandemic on its communications offerings. Net income surged 13.5 percent to $355.6M.
Finsbury Glover Hering, which is majority-owned by WPP, is merging with Sard Verbinnen & Co. to create a firm they say chalked up $330M in combined 2020 revenues and will have more than 1,000 staffers in 25 offices throughout the world.
Finsbury Glover Hering has acquired The Harbour Group, which has a lucrative contract with long-time client, United Arab Emirates.
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The Messina Group, which is headed by Barack Obama's former campaign manager, has announced the acquisition of Segal Communications, the consumer technology and lifestyle PR shop serving clients in the San Francisco Bay area.
WPP chief Mark Read reported a 16.1 percent gain to $8.5B in H1 revenues (like-for-like) and a $672.7M operating profit, compared to a $3.8B year-ago loss. (Updated)
FTI Consulting reported that its PR operation grew 19.2 percent to $67.8M during the second quarter.
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