Tag : General

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In October 2024, after three rounds of layoffs and a desperate going-out-of-business sale, The Pro’s Closet finally shut its doors.  The used-bike marketplace, once a pandemic darling, had grown from a garage eBay hustle into a venture-backed business that brought in around $75 million in annual revenue in 2022, according to three people familiar with ..

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McCann New York has been named U.S. creative agency of record for four brands within Reckitt’s Essential Home portfolio—Woolite, Resolve, Rid-X, and Easy-Off—expanding its longstanding global relationship with the CPG. The closed review ran for approximately eight weeks, McCann said. Havas was the incumbent. McCann declined to comment on whether other agencies participated in the ..

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Agencies are increasingly experimenting with a new kind of revenue stream: software sales. As artificial intelligence accelerates agencies’ ability to build their own products, and as margins on traditional services remain under pressure, some are beginning to sell their own internal tools to other brands and agencies. In October, for instance, WPP announced it would ..

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