WPP consolidates into four units, targets £500M savings by 2028
WPP announced a major restructuring consolidating operations into four core units with targeted annual cost savings of £500 million by 2028.
WPP announced a major restructuring consolidating operations into four core units with targeted annual cost savings of £500 million by 2028.
UnionPay International and the Singapore Tourism Board renewed their strategic partnership to jointly promote Singapore tourism and enhance payment experience for cardholders.
Hong Kong Tourism Board launches a 13-day summer programme featuring international dragon boat races, citywide events, and HK$20 million in promotional deals to boost overnight visitors and spending.
Xiaohongshu Business and the Singapore Tourism Board officially signed a strategic Memorandum of Understanding to capture the attention of Chinese travelers, particularly younger demographics.
Goldman Sachs initiated coverage of WPP, Publicis, and Omnicom, rating WPP a 'sell' while initiating 'buy' recommendations on its competitors.
Across 2026, WPP, Publicis, Omnicom, and Dentsu have collectively won major accounts in contested pitches totaling $3.6 billion, with competition intensifying in the post-IPG consolidation environment.
India's creative industry posted its strongest single-day performance at Cannes Lions 2025 with 14 medal wins on day three, while Susan Credle was honored with the Lion of St Mark lifetime achievement award.