WPP Acquires Passport Brand Design For Undisclosed Terms

RTTNews | 958 days ago
WPP Acquires Passport Brand Design For Undisclosed Terms

(RTTNews) - WPP plc (WPP) announced Thursday the acquisition of Passport Brand Design, a leading brand design agency based in Southern California.

Passport brings extensive brand identity, design expertise and insight into WPP and works across a broad range of consumer categories and global markets, spanning Australia and Asia to North America.

The agency will join WPP subsidiary VMLY&R's global network, creating exciting new partnership opportunities for existing talent and clients and expanding VMLY&R's presence in the West Coast region.

Passport will enhance client experiences and WPP's ability to continue delivering client services with integrated solutions.

The acquisition is part of WPP's accelerated growth strategy and focused M&A approach to advance its core creative capabilities in marketing, communications and design.

read more
WPP Group Appoints Joanne Wilson To Succeed John Rogers As CFO

WPP Group Appoints Joanne Wilson To Succeed John Rogers As CFO

British mass media firm WPP Group plc (WPP.L, WPPGY) announced Wednesday that Joanne Wilson will join the Board and become CFO designate on April 19, 2023. Wilson will succeed John Rogers, who announced his decision on November 8, 2022 to step down.
RTTNews | 791 days ago
Pound Advances After U.K. Inflation Data

Pound Advances After U.K. Inflation Data

The pound was higher against its major counterparts in the New York session on Wednesday, after data showing an acceleration in consumer price inflation in the month of April.
RTTNews | 45 minutes ago
Swiss Markets Ends Modestly Lower

Swiss Markets Ends Modestly Lower

The Switzerland market ended lower on Wednesday after languishing in negative territory right through the day's trading session, as concerns about trade and geopolitical uncertainty rendered the mood cautious, prompting investors to refrain from making significant moves.
RTTNews | 2h 24min ago
European Stocks Close On Mixed Note Amid Geopolitical, Trade Uncertainty

European Stocks Close On Mixed Note Amid Geopolitical, Trade Uncertainty

European stocks turned in a mixed performance on Wednesday after a cautious session as investors awaited clarity on the trade front. The impasse in Ukraine peace talks and data showing a bigger than expected increase in UK inflation weighed on sentiment. A downward revision in U.S. federal deficit weighed as well.
RTTNews | 3h 2min ago
Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

Canadian shares are likely to open on a mixed note Wednesday morning. Weak European stocks, concerns about U.S. debt, impasse over peace talks and a lack of progress in trade negotiations may weigh on sentiment. Firm bullion and crude oil prices could trigger buying in resources sectors and limit market's downside.
RTTNews | 7h 42min ago
UK Inflation Strongest Since Early 2024 On Household Bills, Employer Tax

UK Inflation Strongest Since Early 2024 On Household Bills, Employer Tax

UK consumer price inflation accelerated sharply to the highest level in more than a year in April due to higher domestic bills and the hike in employers' taxes, official data revealed on Wednesday. The consumer price index rose by a bigger-than-expected 3.5 percent year-on-year in April, which was faster than the 2.6 percent increase in March, the Office for National Statistics reported.
RTTNews | 8h 32min ago