Tag: Maurice L?vy

  • Maurice Lévy’s office now on Airbnb

    Maurice Lévy’s office now on Airbnb

    MUMBAI: Maurice Lévy, the eccentric creative genius and Publicis Groupe’s chief executive officer is at it again! Going viral with his traditional ‘end-of-year’ address to everyone at the media agency, and the advertising community at large. Except, this will be his last such address. Maurice Lévy is set to retire by May 2017.

    Anyone familiar with Lévy’s festive videos in the past eight years knows that they are anything but a dull monologue on business and growth. Just last year, Lévy surprised everyone by donning a wig and posing for shampoo ad!

    But, before anyone could get their hopes up for something similar, Lévy starts the 2016 video in his heavy French accent, by quickly putting the overzealous viewers at bay with “No wigs, no tricks this year.”

    Lévy plans to sign off in ‘good old fashion style.”

    Touching up on the good and bads of 2016, Lévy admits that the agency’s numbers were seriously impacted by account losses. A reference to the US media accounts of Procter and Gamble and Walmart.

    “Never take your eye off the board,” was the tough lesson the agency learned.

    On the pros side of 2016, Lévy mentions winning Asda’s UK creative and media business, HP Enterprise’s global account and Coty. Referring to the major structural re-haul that the group undertook in 2016, Lévy adds that implementing ‘Power Of One’ may have been challenging for those who took on new roles, but it is working for the agency. “No Silo, No Solo, No bojo,” he reiterates.

    As Lévy goes on share a few tips on client retention, viewers are immediately made aware of some overzealous movers and packers clearing out his cabin. However, he was able to point to winning GSK, Asda’s UK creative and media business, as well as HP Enterprise’s global account and Coty.

    Investing in 90 different start-ups to mark its 90th anniversary was the most adventurous thing, Lévy admits in the video. Lévy’s delivery of these hard-hitting facts with a poker face, as one of the removal man tries hard to take off his signature ‘I am the boss’ coffee mug off the table in vain is a comic masterpiece. One can’t miss the fact that only Lévy is able to lift the mug with ease. Is that a hint?

    As a truckload worth of ‘chocolate jars’ is retrieved from his locker, Lévy makes a few forward-looking statements. “Now, we must more than ever act as one, think as one and work for our clients as one in order to win and succeed. The group needs you, clients need you and, as always, I’m counting on you. So what’s next? ”

    Being optimistic about the group’s future he adds, “We have built an incredibly strong foundation both, in culture and expertise, that runs deep through the foundation of the group. The founder of Publicis Marcel Bleustein-Blanchet, whom I admire enormously, once said: ‘The trick to realising your dreams is to remain a child your whole life.’

    “I have applied this to my Publicis dreams and that is my wish for you this year. May 2017 bring you and your families happiness, health and plenty of dreams. Plenty!” he says before walking off the empty room.

    The video concludes with his empty room being rented off on Airbnb. For real! Click on the ‘Book Now’ button and you’d be taken to Airbnb’s promotions page where they are away a day in the office of Maurice Lévy as part of the Airbnb Night At program.

    The prize is packaged as an Airbnb ad for two guests to stay at an apartment in Paris. Now isn’t that a fine parting gift to an esteemed client?

  • Maurice Lévy’s office now on Airbnb

    Maurice Lévy’s office now on Airbnb

    MUMBAI: Maurice Lévy, the eccentric creative genius and Publicis Groupe’s chief executive officer is at it again! Going viral with his traditional ‘end-of-year’ address to everyone at the media agency, and the advertising community at large. Except, this will be his last such address. Maurice Lévy is set to retire by May 2017.

    Anyone familiar with Lévy’s festive videos in the past eight years knows that they are anything but a dull monologue on business and growth. Just last year, Lévy surprised everyone by donning a wig and posing for shampoo ad!

    But, before anyone could get their hopes up for something similar, Lévy starts the 2016 video in his heavy French accent, by quickly putting the overzealous viewers at bay with “No wigs, no tricks this year.”

    Lévy plans to sign off in ‘good old fashion style.”

    Touching up on the good and bads of 2016, Lévy admits that the agency’s numbers were seriously impacted by account losses. A reference to the US media accounts of Procter and Gamble and Walmart.

    “Never take your eye off the board,” was the tough lesson the agency learned.

    On the pros side of 2016, Lévy mentions winning Asda’s UK creative and media business, HP Enterprise’s global account and Coty. Referring to the major structural re-haul that the group undertook in 2016, Lévy adds that implementing ‘Power Of One’ may have been challenging for those who took on new roles, but it is working for the agency. “No Silo, No Solo, No bojo,” he reiterates.

    As Lévy goes on share a few tips on client retention, viewers are immediately made aware of some overzealous movers and packers clearing out his cabin. However, he was able to point to winning GSK, Asda’s UK creative and media business, as well as HP Enterprise’s global account and Coty.

    Investing in 90 different start-ups to mark its 90th anniversary was the most adventurous thing, Lévy admits in the video. Lévy’s delivery of these hard-hitting facts with a poker face, as one of the removal man tries hard to take off his signature ‘I am the boss’ coffee mug off the table in vain is a comic masterpiece. One can’t miss the fact that only Lévy is able to lift the mug with ease. Is that a hint?

    As a truckload worth of ‘chocolate jars’ is retrieved from his locker, Lévy makes a few forward-looking statements. “Now, we must more than ever act as one, think as one and work for our clients as one in order to win and succeed. The group needs you, clients need you and, as always, I’m counting on you. So what’s next? ”

    Being optimistic about the group’s future he adds, “We have built an incredibly strong foundation both, in culture and expertise, that runs deep through the foundation of the group. The founder of Publicis Marcel Bleustein-Blanchet, whom I admire enormously, once said: ‘The trick to realising your dreams is to remain a child your whole life.’

    “I have applied this to my Publicis dreams and that is my wish for you this year. May 2017 bring you and your families happiness, health and plenty of dreams. Plenty!” he says before walking off the empty room.

    The video concludes with his empty room being rented off on Airbnb. For real! Click on the ‘Book Now’ button and you’d be taken to Airbnb’s promotions page where they are away a day in the office of Maurice Lévy as part of the Airbnb Night At program.

    The prize is packaged as an Airbnb ad for two guests to stay at an apartment in Paris. Now isn’t that a fine parting gift to an esteemed client?

  • India’s strong showing in Publicis Groupe’s global growth in Q1

    MUMBAI: India continues to be a driving force for France-based global media conglomerate the Publicis Groupe in 2013. The group‘s business in the country grew at 10.7 per cent in the first quarter of 2013. It was the region to record the second highest growth after China that grew at 15.2 per cent.

    Publicis Groupe‘s consolidated revenue for the first quarter of 2013 was Euro 1,563 million, up 7.6 per cent from Euro 1,452 million for the same period in 2012. The group registered overall organic growth of 1.3 per cent for the first quarter (8.5 per cent organic growth in digital and -2.3 per cent in analogue/non-digital business).

    The growth by geographies was led by the BRIC+MISSAT (Brazil, Russia, India and China + Mexico, Indonesia, Singapore, South Africa and Turkey) regions at 14.2 per cent. The two combined territories grew from revenue collection of Euros 176 million in Q1 2012 to Euros 201 million in the first quarter of 2013. Russia grew at a rate of 5.7 per cent.

    While North America contributed to nearly 50 per cent of the revenue, majority regions in Europe saw significant negative organic growth. Publicis‘ revenues in North America grew from Euros 724 million in Q1 2012 to Euros 776 million in Q1 2013, an increase of seven per cent. The region saw organic growth of 4.4 per cent.

    Europe (excluding Turkey and Russia) registered organic de-growth of 6.5 per cent. It saw advertising investments decline sharply, mainly in the non-digital segment (analogue). The vast majority of countries in this region recorded negative growth, including Germany (-4.8 per cent), the UK (-6.1 per cent), France (-11.3 per cent), Spain (-13.1 per cent) and Italy (-13.7 per cent) while Central Europe grew by 3.8 per cent.

    The group has maintained its thrust on India with its only acquisition in the quarter coming in the form of full service digital marketing and consulting agency Convonix. It is expected to align with Starcom MediaVest Group (SMG) in India to provide search engine optimization, paid search engine marketing (SEM), social media marketing and online reputation management to an extensive roster of clients.

    Major account wins for Publicis Groupe in the country in this period included HP (DigitasLBi), Eureka Forbes (DigitasLBi) and Subway India (Publicis Worldwide).

    Publicis has also recently made it known that it plans to make more acquisitions in the country. A technology services firm is said to be the next target on the group‘s mind which will be merged with its digital entity Razorfish on acquisition. Details of the agreement are expected over the next month.

    Other major investment for the group in Q1 2013 was the completion of the share purchases of digital agency LBi International and the buyback of shares (approx. 3.9 million for a total price of 181 million euro) from Japanese media giant Dentsu.

    The Groupe expects its revenue stream to grow slowly in the first half-year, then gathering pace in the second half-year, with annual growth for 2013 exceeding the market and its own performance in 2012. The Groupe‘s internal objective is between 3.2 per cent and 3.6 per cent.

    Publicis chairman and CEO Maurice Levy said, “As I predicted, 2013 is turning out to be a difficult and contrasted vintage, with on the one hand the United States consolidating its growth and on the other hand Europe suffering. Our first quarter ended satisfactorily, and while 1.3 per centorganic growth may seem modest, it is above our internal objectives and compares with the strong growth recorded in the first quarter of 2012. This is particularly true for Europe with a 10 points gap between 2012 first quarter (+3.6 per cent increase) and 2013 (6.5 per cent decrease). The Groupe‘s transformation continues apace: digital activities now represent 37 per cent of total revenue, and strongly stands as our first activity. When combined with revenue from the so-called “emerging” markets, our business in these high-growth segments generates close to 60 per cent of our total revenue, in keeping with our five-year goal of 75 per cent from these segments. North America accounted for 50 per cent of our revenue in the first quarter of 2013. This rebalancing is very encouraging in order to meet the challenges of 2013 and 2014. They bear fruit as shown by our performance in net new business wins surpassing the high level of $ 2 billion. The pipeline remains solid and comforts us in the Groupe‘s ability to reach its objectives for 2013, namely to improve its margin and to outperform the market and our own 2012 in terms of organic growth.”

  • Publicis Groupe transforms Vivaki into separate biz unit

    MUMBAI: Publicis Groupe has announced that VivaKi will become a separate business unit now and will be available to all Publicis Groupe agencies and the market.

    VivaKi was launched in 2008 through the combined scale and leadership of Digitas, Starcom MediaVest Group (SMG), ZenithOptimedia and later Razorfish. It was created to accelerate the digital transformation of Publicis Groupe and its agencies.

    Publicis Groupe chairman and CEO Maurice Levy said, “As we seek even more aggressive growth and digital acceleration, the VivaKi leadership-Jack Klues, Laura Desmond (SMG CEO), Steve King (ZenithOptimedia CEO), Bob Lord (Razorfish CEO) and Frank Voris-have developed a plan to open up the VivaKi operations, creating a new impetus for further innovations and more aggressive growth for all Publicis Groupe agencies.”

    According to Levy, Klues is going to help set VivaKi on its new course, and then map his retirement. Klues will retire as CEO at the end of 2012 after 35 years with the organisation, though he will remain with Publicis Groupe through the first half of 2013 to help establish VivaKi as a separate business unit.”

    Vivaki CEO Jack Klues said, “The agencies have shaped and perfected our offerings, worked together to create valuable new solutions, and embraced a transformational philosophy of building, borrowing and sharing to the benefit of our clients. Digitas, Razorfish, SMG and ZenithOptimedia will continue to inform our roadmap even as they continue to enhance their own, unique propositions.”

    With this transformation, the VivaKi agencies will gain greater autonomy to differentiate and collaborate with this evolution. Yet they will remain tightly linked to the progress and offering of VivaKi, and as a result, they will report directly to Maurice Levy.

    VivaKi Exchange (VX) operations that currently exist in more than 12 global markets will continue with oversight from VivaKi Country Chairs (VCC) who will align with the media agencies to oversee VX operations and whose duties will include deployment and adoption of VivaKi offerings in local markets.

    VivaKi will also continue to advance its product development and Partnership Practice-a team that works with companies like Google, Facebook and Microsoft, to create first-mover opportunities, new products and preferred pricing.

    Additionally, Frank Voris will serve as CEO of the strategically focused VivaKi, partnering with Rishad Tobaccowala, who remains VivaKi‘s chief innovation and strategy officer.

    SMG has accelerated its digital offering by reinventing its core product around human experience, leveraging VivaKi products and expanding strategic partnerships with key technology companies.

    Razorfish and Digitas have benefited from the massive media clout and centralised ability of VivaKi to build tools and solutions that enhance the eCommerce offering of Razorfish, and the Social CRM capabilities of Digitas. As a result, the digital agencies have evolved and differentiated rapidly.

    Voris, who has served as VivaKi CFO since its inception, has been responsible for all VivaKi operations, including technology, product development and the integration of acquisition targets, since the entity was launched in 2008. Tobaccowala is a 30-year industry thought leader who has pioneered several industry firsts, including VivaKi Ventures, Denuo and other future-focused operational units that have delivered gaming, mobile and internet expertise to marketers.

    An executive board consisting of Desmond, King, Lord and Voris will collaborate on VivaKi product strategies, priorities and transactional tools and services.

  • Publicis acquires German communications agency CNC

    MUMBAI: Soon after buying out BBBH, Publicis Groupe has acquired Germany‘s strategic communications consultancy Communications & Network Consulting AG (CNC).

    The acquired company will become a part of Publicis’ flagship strategic communications network, MSLGROUP.

    CNC will, however, continue to be led by current CEO Dr. Christoph Walther. The CNC supervisory board will see the addition of MSLGROUP CEO Olivier Fleurot and MSLGROUP president for the EMEA region Anders Kempe with the latter taking the mantle of chairman.

    CNC is group headquartered in Munich and has offices in 14 other cities including one at New Delhi. Started in 2002, the agency employs close to 100 professionals across its offices in Europe, Asia, North and South America.

    The German clients will be offered the services of two consultancies. On the one hand, clients can avail of the services of CNC with its particular focus on strategic, financial and corporate communications as well as public affairs and on the other, they also can use the services of MSL Germany, with its broad capabilities across the communications spectrum including social media, corporate communications and reputation management.

    CNC advises large corporations, mid-cap companies, institutions and individuals on all aspects of strategic communications within their specific markets providing services like strategic communications and reputation management, financial communications, crisis counseling including litigation advisory, branding and public affairs.

    In the IPO market, CNC has been the market leader in Germany since 2005. The consultancy has been involved in more than 100 transactions with a total volume of more than 180 billion Euro and has a particularly strong focus on cross-border mandates.

    Publicis Groupe chairman and CEO Maurice Levy said, “CNC is one of the premier strategic and financial public relations firms in Europe, with a client base that is outstanding. I have followed CNC‘s success story with interest and I am impressed by the company‘s entrepreneurial spirit. The skill set will fit perfectly into our group and our strategy to make Germany one of our key hubs.”

    Fleurot said, “Bringing CNC into MSLGROUP makes us one of the top three networks in Germany, and at the same time gives us very valuable additional strategic capabilities in other key markets. We see considerable potential in matching and leveraging our collective competencies and relationships.”

    Walther added, “We are very excited to team up with Publicis Groupe‘s strategic communications network MSLGROUP as it provides us with a truly global footprint. While our current clients will enjoy continued high-class service by the existing CNC offices, we will be able to tap into the significant benefits offered by being part of MSLGROUP.”

  • Publicis Groupe buys back 18 mn shares from Dentsu

    Publicis Groupe buys back 18 mn shares from Dentsu

    MUMBAI: European media communications group Publicis Groupe has bought back 18 million of its own shares from Dentsu for a total price of 644.4 million euros, which translates to 35.80 euros per share.

    The transaction was completed before the opening of the Paris stock market on 17 February.

    At a meeting held on 14 February, the Supervisory Board of Publicis examined the management board‘s proposal to proceed with the buy-back and decided on the acquisition of 18 million shares and immediate cancellation of 10,759,813 shares. This step was taken within the framework of the buy-back program approved at the general meeting of shareholders of the Groupe on 7 June 2011 in the interests of Publicis Groupe and its shareholders as a whole.

    The buy-back involved a discount of 13.35 per cent from Publicis Groupe‘s closing share price on 16 February. It will have a positive effect on diluted earnings per share of approximately 6 per cent in 2012 and 7 per cent on a full year basis.

    After cancellation of 10.76 million shares, which is the maximum number that the Groupe was permitted to cancel after its cancellation of shares on 10 May, 2010, a total 10 per cent of the Groupe‘s shares have been cancelled over the past 24 months.

    The remaining 7.24 million treasury shares will be kept for use to cover incentive plans for retention shares, performance shares, stock options and acquisitions.

    The purchase was fully financed from Publicis Groupe‘s available cash.

    Additionally, the buy-back resulted in termination of the shareholders‘ agreement and the strategic alliance agreement that Dentsu and Publicis Groupe entered into in 2003. As a result, Dentsu chairman Tatsuyoshi Takashima and Dentsu president and CEO Tadashi Ishii have resigned from Publicis Groupe‘s Supervisory Board.

    Publicis Groupe chairman of the management board and CEO Maurice Lévy said, “The partnership with Dentsu over the past 10 years has been amicable and exemplary. Dentsu‘s stake in the share capital of Publicis has furthered the development of the Groupe. I wish to express my gratitude for the elegance and professionalism with which this partnership has been carried out, and to all the Dentsu executives who have taken part in this adventure.”

  • Publicis Groupe posts 7% growth in 2011

    Publicis Groupe posts 7% growth in 2011

    MUMBAI: European communications company Publicis Groupe has posted a 7.3 per cent rise in consolidated revenue in 2011 to 5816 million euro compared to 5418 million euro in 2010.

    The company’s organic growth was 5.7 per cent in 2011 while in 2010 it was 8.3 per cent, which was a result of a recovery in the market after the downswing in 2009.

    The revenue breakdown reveals that advertising contributed to 31 per cent of revenue and media to 19 per cent, while SAMS which includes digital contributed 50 per cent in 2011. in the previous year, advertising made up for 32.6 per cent, media for 20 per cent and SAMS for 47.4 per cent of the total revenue.

    Geographically speaking, Latin America recorded the biggest leap in revenue growth at 31.7 per cent (374 million euro in 2011 as compared to 284 million in 2010). The Asia-Pacific region followed with a growth of 11.8 per cent earning 690 million euros this year compared to 617 in 2010. Europe, Africa & Middle East and North America followed with growth rates of 6.3 per cent, 6.0 per cent and 4.4 per cent respectively.

    Publicis Groupe chairman and CEO Maurice Levy said, “In a context of sovereign debt crisis and economic slowdown, Publicis has not only outperformed the market, more remarkably it has improved on its own outstanding performance of 2010. The Group’s margin, which has improved very satisfactorily, is back on the 16% mark while we continued investment in technology and talent. We have continued to pursue our strategy of making targeted acquisitions in digital communications and high-growth countries.”

    Publicis would take a cautious yet confident stride towards 2012, Levy added.

  • Publicis to acquire US digital agency for $575 mn

    Publicis to acquire US digital agency for $575 mn

    MUMBAI: Publicis, the world‘s number three advertising group, has agreed to acquire U.S.-based Rosetta Marketing Group for at least $575 million to enhance its digital and interactive marketing service offerings.

    The French company‘s buyout further underlines the growing importance of web display advertising, as Internet video and social media continue to rise.

    Publicis targets to increase its revenue derived from digital (28 per cent in 2010) to 35 per cent over the next three years, the company asserts.
     
    This transaction occurs as the most recent ZenithOptimedia forecasts (April 2011) predict that the Internet will overtake newspapers to become the world‘s second-largest advertising medium in 2013.

    Under the terms of the agreement, in addition to the initial transaction value, Rosetta‘s manager-shareholders could receive a potential deferred payment in 2014 based on the agency‘s performance in 2011 – 2013, Publicis said.

    Princeton-based Rosetta, will become part of Publicis‘s VivaKi digital arm and is expected to have an annual revenue of nearly $250 million in 2011.

    Rosetta will operate as an autonomous, stand-alone brand within Publicis Groupe under the leadership of Rosetta‘s founder and CEO Chris Kuenne, who will remain at the head of the agency, reporting to Publicis Groupe COO Jean-Yves Naouri.
     
    Publicis Groupe chairman and CEO Maurice Levy commented, “The acquisition of Rosetta is a key next step in our strategy to become the ‘human, all digital agency group. With Rosetta, we aim to enrich our digital knowledge, our capabilities in technology, marketing consulting, and digital strategy, and the creativity we offer to clients and advertisers. This is consistent with our commitment to anticipate and meet their needs in the rapidly-evolving advertising and marketing services landscape.”

    The addition of Rosetta to Publicis‘ other digital businesses — which include Digitas, Razorfish and Publicis Modem – will bring Publicis Groupe‘s annual revenue derived from digital activity to more than 30 per cent, the company added.
     
    Kuenne added, “We recognise that in order to achieve our long term business and geographic growth potential, we need the reach and resources of a global group, and we are particularly proud to be joining one of the most advanced digital communications groups in the world.”

    The transaction is expected to close during the second or third quarter of 2011, and is subject to customary closing conditions, including clearance under the United States Hart-Scott-Rodino Antitrust Improvements Act.