‘Little joys’ and the continued impact of Asia across Western culture cannot be ignored.
recession
The Labubu economy and the business of joy
300 staff to lose jobs as TVB reorganises its operations
The layoffs were announced as part of a cost-cutting exercise, as the Hong Kong broadcaster restructures its TV production and e-commerce businesses.
How can adland protect diversity budgets in tough times?
Campaign asks industry leaders in the U.K. how to ensure DEI commitments stick as the economic situation gets stickier.
How to defend your brand marketing budget in a downturn
An accountant and an analyst explain what makes marketing spend vulnerable to cuts and how to justify the value of brand advertising to the CFO.
Will the fortunes of adland decouple from economic downturn?
Advertising leaders from the UK wade into debate about adspend and recessionary headwinds.
Media chiefs predict quick industry recovery from recession
The commercial chiefs of ITV, Hearst and Spotify say the industry is more resilient to economic shocks than in previous downturns.
How APAC brands can deliver growth in a downturn
Adapting during fast-changing times is hard enough — but what does it take to not just survive, but actually thrive during an economic downturn? That’s the thorny issue Campaign tackled during an ambitious global podcast series in partnership with Wavemaker.
Sorrell: Clients still placing cautious, selective bets amid global instability
The executive chairman of S4 Capital says macroeconomic headwinds will undeniably have an impact, forcing brands to become more strategic.
The business of climate: Where does ESG go in a recession?
Six in 10 CEOs are putting the kibosh on ESG investments in the spirit of corporate cost savings. We analyse the future of ESG amid talks of a recession.
9 in 10 marketers spend time in making global marketing locally relevant: report
TOP OF THE CHARTS: Singapore marketers reveal brand priorities and growth challenges in the current climate in new research from HubSpot and LinkedIn.
Why brand advertising is your best friend in a downturn
Without strong brand equity, no amount of performance advertising will keep your products on people’s carefully budgeted shopping lists, say Wavemaker's top researchers.
Not all brands need purpose during a recession
Brands have woken up to how an increased focus on sustainable, green or ethical practices impacts their bottom lines (or triple bottom lines, to be more accurate). However, the impact of recession throws a sizeable spanner in the works.
Is adland prepared for a global recession?
Campaign speaks to agencies across the region to find out how they are preparing for a potential global recession—and whether it could be an opportunity to shine for smaller agencies.
Nearly a quarter of independent agencies report cut in client budgets
A poll by the Alliance of Independent Agencies showed that some independent shops are feeling the pinch.
Warc: adspend to slow significantly in 2023
Economic uncertainty and block on third-party cookies will lead to a slowdown, according to Warc, as it downgrades previous expectations.
Will brands ‘trade down’, financially, to PR as recession bites?
With the Bank of England predicting that we will soon enter a recession, the UK waits nervously, but there is hope that, among the chaos, the consumer PR industry will be afforded a new opportunity to shine.
WPP upgrades forecasts after mammoth hiring spree
Coca-Cola win helped deliver organic revenue growth of 8.9% in the first six months.
Why marketers have to think small to win big
"This is a long road back, especially for the hardest-hit industries."
Seven questions for Gordon Domlija on COVID-related media shifts
Wavemaker's APAC president and China CEO weighs in on China's recovery-mode disconnect from other markets, how livestreaming is democratising retail and much more.
The post-COVID vocabulary
While many companies will be setting aside 'emergency working capital' and 'downspacing', plans to enter 'digital hyperdrive' will fuel the 'zoomonomy', predicts Havas' chairman and CEO of India, SEA and North Asia.
Global markets rout continues to pound holding companies
Global recession fears over the COVID-19 pandemic continue to crush markets worldwide as Dentsu and Hakuhodo shares continue to fall in Tokyo trading on Friday.
Survival of the thoughtful
As global recession fears rise, IPG Mediabrands' APAC chief shares his thoughts on how to navigate a challenging economic market.
Financial marketers seek to regain trust
ASIA-PACIFIC - Financial institutions are strengthening communications, but are they doing enough to win back consumers?
No longer the poor cousin, PR is riding a revival of sorts
PR has has a tough time of it in Asia. The poor cousin is too often seen as nothing more than a service provider. But recently the industry has had something of a revival.
No longer the poor cousin, PR is riding a revival of sorts
PR has has a tough time of it in Asia. The poor cousin is too often seen as nothing more than a service provider. But recently the industry has had something of a revival.
Financial Brands Come Out Of Hibernation
The recession may not be over quite yet, but financial brands are showing the first signs of recovery. And for marketers in Asia, this means concentrating on rebuilding consumer trust.