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Tag: death

  • Mango Turkish-origin billionaire founder Isak Andic dies following hiking accident

    Mango Turkish-origin billionaire founder Isak Andic dies following hiking accident

    MUMBAI: The Mango high street fashion  brand has lost its founder Isak Andic. The 71 year old Turkish-born entrepreneur, who was an avid mountaineer and hiker, passed on over the weekend (Saturday)  doing what he loved dong the most exploring mountains.

    According to reports in the Spanish media, he was on a family outing in the Montserrat mountains around 40 km northwest of Barcelona when he slipped in the Collbató saltpetre caves at midday and fell around 150 meters to his death. 

    Andic was born in Istanbul in 1953 and his family moved to Spain in 1969. His fascination with the denim fabric led him to create a brand Isak Jeans in the early eighties. He opened several stories in Barcelona and Madrid. They were then renamed as Mango in 1984 and grew the enterprise along with his brother Nahman. 

    Today, Mango has consolidated its position as one of the leading international fashion groups, with a major presence in more than 120 markets, close to 2,800 stores and 15,500 employees worldwide. The company aims to exceed 2,800 stores by the end of 2024 and to reach more than 3,000 stores worldwide by 2026. This growth will enable it to exceed one million square metres of retail space, highlighting markets such as Spain, France, Italy, Germany, the United Kingdom, Poland, India, Canada and the United States. Mango has just a single brand and it does not own any factory, outsourcing its production mainly to lower-cost Turkey and Asia.

    It registered a turnover of 3.1 billion euros in 2023  growing more than 15 per cent over 2022.  Almost 80 per cent of its sales are now generated outside of Spain. Forbes estimated Andic’s net worth to be $4.5 billion  (£3.6 billion). He was the non-executive chairman of the group at the time of his passing. 

    Paying tribute to Andic, Mango group CEO Toni Ruiz said: “Isak has been an example for all of us. He dedicated his life to Mango, leaving an indelible mark thanks to his strategic vision, his inspiring leadership and his unwavering commitment to values that he himself imbued in our company. His legacy reflects the achievements of a business project marked by success, and also by his human quality, his proximity and the care and affection that he always had and at all times conveyed to the entire organization. His departure leaves a huge void but all of us are, in some way, his legacy and the testimony of his achievements.”

  • Remembering ad icon Dan Wieden who gave Nike’s ‘Just Do It’ slogan

    Remembering ad icon Dan Wieden who gave Nike’s ‘Just Do It’ slogan

    Mumbai: I consider myself fortunate enough to have interviewed some of the best in the advertising industry and which I shall continue doing thanks to the lovely people around, but someone like Dan Wieden always seemed unforgettable. His fatherly instinct towards me, the warmth in his eyes and the joy in his smile, made my visit to the Goafest in 2009, successful! And it was with a very heavy heart, that the global advertising fraternity bid him a final goodbye on 30 September.

    Dan Wieden and his late partner, David Kennedy together founded Wieden + Kennedy (W+K) on April 1 in 1982 – in Portland, Oregon. The agency later went on to become one of the world’s largest independent advertising agencies. Over the years, the agency has added offices in New York City, London, Amsterdam, Shanghai, Tokyo, Delhi and São Paulo.

    W+K stepped foot into India in 2007, which was its seventh office at that time. The agency announced its entry in the country armed with the global creative duties for the Nokia account. It also later on, went on to acquire A Advertising, a Delhi-based creative shop which was run by V Sunil.

    Wieden, 77, amongst the slew of his celebrated works, is most famous for his grind on one of the agency’s oldest and foremost accounts – Nike. He coined the slogan ‘Just Do It’ for the brand, and it has stuck ever since (not that it’s a bad thing at all!). And it doesn’t seem like the brand has any plans to switch its slogan, at least till the near future.

    So when I met Wieden, my most obvious curiosity was to know about what he thought about bagging the Nike account in India. Prior to and at the time when W+K was setting up shop in the country, the Nike account was being taken care of by Wunderman Thompson (the erstwhile JWT). Eventually, Wieden’s secret wish of W+K handling the Nike account in India did come true, as the agency bagged the creative duties of the brand in 2016. But this desire of  Wieden’s was short-lived and they lost the account in 2018.

    Apart from Nike, Wieden’s global work for brands like McDonalds, Bud Light, and Old Spice also sparked creativity.

    While Wieden never formally retired from the agency, he stepped into a chairman role in 2005 and stepped away from active agency life in 2015.

    Reports suggest that to guarantee Wieden+Kennedy would continue to be independent indefinitely, Wieden had famously declared that he would never sell the agency and had transferred ownership into a trust before he passed away.

    Though the reason for his death is not clear yet, Wieden is said to have passed away peacefully at his home in Portland, with his wife by his side, citing reports which have been attributed to the company.

    But, undoubtedly, the legacy of Wieden still lives – within W+K and its employees, the people within the advertising clan and across all who have been close to him, whom he has touched with his gentleness and who have known him in some way or the other.

    So, here’s to you Dan Wieden, wishing you a safe and peaceful journey towards the most significant and beautiful destination.

  • Broadcasters aiming at quality content on both TV, digital

    Broadcasters aiming at quality content on both TV, digital

    MUMBAI: The impending death of the television is something people have been talking about but that future is yet to arrive. However, one can’t ignore the fact that today’s audiences do consume content anywhere and from any platform.

    Zee Melt 2018 saw a session on ‘The Next Seismic Shifts in Television’ with panellists Zeel domestic broadcast business CEO Punit Misra, Mediabrands IPG CEO Shashi Sinha and BARC CEO Partho Dasgupta. Provocateur Advisory principal Paritosh Joshi moderated the panel.

    When asked about the move to launch Zee5 as being a defensive strategy or a move to be at the front foot in the industry, Misra said, “Advertisers look for ROI. ROI on TV is significantly higher than any other. But it is a business of content and there is huge consumption happening on digital. However, if you do just digital, ROI can go horribly wrong.”

    He added that consumers would find ways and means to consume content as long as it is great content. “I see the synergistic benefits of having an OTT platform which will benefit from the content that is being made for the consumers as they want and equally we will create content which is tailor made for the audiences. In fact, I am thinking of how to bring digital to television again,” he said.

    Sharing his views on the path proposed by BARC to tackle non-TV screens, Dasgupta said, “It is all about how you measure content. Unfortunately, it needs to be discreet in this digital space. Although there is a convergence at every level, which makes it important to measure what India watches today now more than ever.”

    Dasgupta further explained that TV ratings body BARC is moving towards convergence, where telecom operators are moving towards distributions and distributions are moving towards telecoms. “You’ll see convergence at every turn,” he said.

    Sinha said that cost per thousand (CPT) as a currency for buying commercial time on TV has its own advantages. “I believe for a variety of reasons that CPT is a way of life. A lot of advertisers in the country use CPT and so too do agencies. CPT has multiple advantages. I presented a tool to a client that makes cross-media comparison much easier. For planning, CPT is there. But don’t mistake that for negotiations that happen. By and large, as markets evolve and as digital gets more share it is a matter of time where the agency and clients move towards gross impressions. It is happening.,” he said.

    The panellists agreed to one point that it is too soon to say whose future is brighter –TV or digital. But content will be the winner as people will consume content by any means and ways.

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  • Jackson death doctor had huge debts, trial hears

    Jackson death doctor had huge debts, trial hears

    MUMBAI: Michael Jackson‘s doctor Conrad Murray was in dire financial straits when he was hired to care for the US superstar, a policeman testified Wednesday.

    Murray, who was convicted of involuntary manslaughter in 2011 over Jackson‘s death, had tens of thousands of dollars in debts, including unpaid student loans, credit card bills and rent on his business, the policeman said at a trial over the late King of Pop‘s 2009 death.

    Jackson‘s 82-year-old mother Katherine is suing tour promoter AEG Live over her son‘s death, accusing it of negligently hiring Murray and ignoring signs that the singer was deeply unwell, in their pursuit of profits.

    Her lawyers say Murray‘s financial woes made him willing to do whatever Jackson wanted — including giving him the drug that killed him — because he desperately needed the $150,000 monthly salary on offer.

    Detective Orlando Martinez, who investigated Jackson‘s death on 25 June 2009 — days before the tour was due to start — said Murray had debts in various places, including the US states of Nevada and Missouri, some of over $100,000.

    "Does this substantiate your opinion that Dr. Murray was in dire financial straits?" Katherine Jackson‘s lawyer Brian Panish asked Martinez in the LA superior court; where the trial started Monday.

    "Yes," replied Martinez.

    The 50-year-old singer died from an overdose of powerful sedative and anesthetic propofol, administered by Murray to help the "Thriller" legend deal with chronic insomnia.

    At the time of his death, he was rehearsing for a series of 50 shows in London, organised with AEG, in an attempt to revive his career and ease his financial woes.

    In opening statements Monday, Katherine Jackson‘s lawyer accused AEG of sacrificing the troubled star in a "ruthless" pursuit of profit in the months before his death.

    But Anschutz Entertainment Group (AEG) lawyer Marvin Putnam argued the mega pop star had hidden the evidence of his addiction and health woes from everyone, including his family and the concert promoters.

    Putman also said Jackson was some $400 million dollars in debt when he approached AEG in 2008 with the idea of putting on the London shows, which were to be followed by a global tour and a possible Las Vegas residency.

    On Tuesday the first witness at the trial, paramedic Richard Senneff, testified that Jackson looked emaciated and like someone at the end of a chronic illness when he arrived at the scene.

    Wednesday‘s court session was shortened because one member of the six-man, six-woman jury had to attend a family funeral. The trial continues Thursday, with detective Martinez due to take the stand again. (AFP)