Next ups international marketing spend as it reaches £1bn in profit
Amrit VirdiAs it looks to expand internationally, Next is increasing its focus on measuring marketing incrementally.
As it looks to expand internationally, Next is increasing its focus on measuring marketing incrementally.
Despite a slight increase in sentiment regarding the general economic situation, GfK’s Consumer Confidence Barometer shows negligible improvement.
McDonald’s is the world’s most valuable restaurant brand, according to Brand Finance, as previous incumbent Starbucks suffers from “growing misalignment” with customers.
Tom Fishburne is founder of Marketoon Studios. Follow his work at marketoonist.com or on Twitter @tomfishburne See more of the Marketoonist here
Abercrombie & Fitch credits its customer first ethos for fuelling a “record” fourth quarter, with the retailer claiming to have achieved sustainable profit growth.
Ocado reports bigger basket sizes and more frequent shops, as the online retailer credits marketing’s part in “terrific year”.
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Despite all measures on GfK’s Consumer Confidence Index increasing in February, the way people view the general economic situation looking ahead is worse than a year ago.
The KitKat and Nescafé owner plans to recover its advertising and promotional investment to 2019 levels as it chases long-term growth.
The consumer goods business is concentrating investment behind its most profitable brands and bigger innovation bets.
Tom Fishburne is founder of Marketoon Studios. Follow his work at marketoonist.com or on X @tomfishburne See more of the Marketoonist here
Tom Fishburne is founder of Marketoon Studios. Follow his work at marketoonist.com or on X @tomfishburne See more of the Marketoonist here
As well as investing in price, Marks & Spencer wants to ensure its clothing is designed to last as it believes “value is more than just the product’s price”.
According to the Advertising Association and WARC, the UK advertising market grew 9.7% to £10.6bn, marking the first time ad spend has exceeded the £10bn barrier in Q3.