March 25, 1999 |
Levitz Furniture Inc., which has operated under Bankruptcy Court protection since 1997, has asked 10 advertising agencies to submit proposals. The nation's No. 2 home-furniture retailer said it would name three semifinalists in April and announce the winner in May. A division of True North Communications Inc.'s Bozell Worldwide unit that has handled Levitz's creative advertising since December 1997 is competing for the account.
February 20, 1999
TRW Inc. said its president and chief operating officer, Peter S. Hellman, 49, will leave the company and his position will be eliminated as part of the company's acquisition of LucasVarity. The leaders of the company's major businesses will now report directly to TRW Chairman and Chief Executive Joseph T. Gorman. * Pillsbury Co., the food unit of Britain's Diageo, moved about $60 million of its advertising business to D'Arcy Masius Benton & Bowles Inc.
July 6, 2001 |
Boeing Co., which is moving its headquarters to Chicago from Seattle, said it has invited advertising agencies with full-service offices in Chicago to participate in a review of its ad needs. The aircraft maker is under contract to True North Communications Inc.'s FCB Worldwide unit, which also was invited to participate in the review, to be completed in October. Interpublic Group of Cos. purchased Chicago-based True North for $1.65 billion in June.
December 11, 1997 |
Publicis withdrew its hostile bid for True North Communications Inc. after a federal judge blocked the French advertising company's effort to prevent True North from acquiring a closely held competitor. Publicis, which owns an 18.5% stake in True North, had planned to acquire an additional 32% through a tender offer of $28 a share. The tender would have given majority control to Publicis, which said the $440 million True North is paying for Bozell, Jacobs, Kenyon & Eckardt Inc. is too much. U.S.
February 24, 1999 |
Kimberly-Clark Corp. said that the WPP Group of global communications companies will handle all worldwide advertising for its consumer products. J. Walter Thompson, a WPP agency, has been awarded global creative advertising responsibility for the company's tissue brands, including Kleenex, Scott, Scottex and Andrex, it said. The accounts were previously shared by J. Walter Thompson, WPP's Ogilvy & Mather and Foote, Cone & Belding, which is a unit of Chicago-based True North Communications Inc.
December 8, 2000 |
FCB San Francisco said it has resigned from the Amazon.com advertising account, citing fundamental disagreements with the online retailer. FCB, a unit of Chicago-based True North Communications Inc., has been the ad agency for Seattle-based Amazon.com since April 1997. A spokeswoman for FCB San Francisco declined to comment on a value of the account, but an industry source estimated Amazon spent about $30 million in 2000.