budget cheap ray bans uk reductions
Huntley enters a grey area On wednesday, however, parent grey, a publicly held firm, said it would begin folding levine into its manhattan headquarters, meaning curtains for an agency founded in 1972. Levine huntleys days were numbered this year, when principal client subaru of america yanked its $80 million plus account.Levine huntley never recovered, despite a management revamp, from the loss of a client that represented an estimated 65 percent of its income. This will depend on whether the handful of levine huntley clients, including dreyfus corp., Ethan Allen Inc.And bausch lomb for its ray ban, hook on to grey. But chances are, even if most clients ray ban outlet remain in the grey fold, no more than 15 or 20 levine huntley employees will cling to their jobs. So more ad agency personnel will be on the street, further increasing those ranks in manhattan, where the number may exceed 3, 500 in only three years, resulting from mergers, a weak business climate and cost efficiencies.Among those on the fence is levine huntleys ed vick, who joined the agency as chief executive in february(When the shop was renamed levine, huntley, vick beaver)After subaru put its account in play. Grey had made him an offer, but he says, were still discussing the matter. Mercedes sets review Mercedes benz of north america is the latest in the wheels business to put its advertising account up for review.Its a biggie, mercedes having spent $88 million in media in 1990, and $51 million for the first half of 1991, both figures tracked by leading national advertisers.Mercedes hasnt contacted outside agencies, enlisting the help of consultant william weilbacher.Mercedes, which has been selling cars in this country since the 1950s, said it had no particular dissatisfaction with mccaffrey.The auto sector has been weak mercedes sales in this country are off 21 percent, to 49, 219 cars, for the first 10 months of 1991 and firms are seeking new ad approaches.In the last 15 months, a half dozen other importers, including subaru, saab and volvo, have named new agencies.Peaked at 99, 314 in 1986, before a tax overhaul.Some 78, 375 mercedes were sold in 1990. Ddb needham cutback There was a flurry of pink slips wednesday at ddb needham chicago, resulting in the dismissal of 24 staffers, or 4 percent of its 608 person office.As much as an estimated $900, 000 in payroll is being eliminated with the cutback.The cutback most of those fired are professionals reflects client ad budget cheap ray bans uk reductions.Recently, ddb needhams manhattan headquarters underwent a similar downsizing. Joseph e.Brooks, anntaylor stores corp.S chairman and chief executive, is stepping down, the firm wednesday announcing his retirement next year after his successor is appointed.The announcement pertaining to the 64 year old brooks, a one time boss of the lord taylor chain, comes less than a month after his son thomas, 38, resigned as anntaylors president and chief operating officer, a move that takes effect friday.Joe brooks in early 1989 led a leveraged buyout of the womens clothing chain with merrill lynch capital markets.Anntaylor has nearly 200 stores nationally, including eight in the chicago area. Joe kopec, recently senior vice president and a managing director at hill knowlton chicago, joins edelman public relations worldwide/chicago thursday as an executive vice president.Hell have responsibilities in corporate and financial pr. On the move:William m.Winters appointed senior manager of business development in gilbane building co.S midwest regional office.Geoff melick named associate creative director at mccann healthcare advertising.