Chinese “traffic stars” once offered beauty brands massive growth in China, but an explosion of idol scandals is tarnishing this strategy.
The group admitted another £2.4m in accounting 'adjustments' for past misstatements.
Three of top six offices for the agency are in the region, and they continue to win new business and add headcount, according to the agency's Asia head.
Allies say founders 'are not going to abandon ship before they set it right'.
"We are determined to restore the operational performance and profitability of the business..."
The head of the Japanese Olympic Committee has resigned following corruption allegations. Will the Olympics, as a brand, suffer? Don't bet on it.
Top news, insights and analysis every weekday
Sign up for Campaign Bulletins