In November last year L’Oréal announced it would be parting ways with its media agency ZenithOptimedia after three years together and that a new agency would be announced in May this year. Zenith had inherited the business after L’Oréal’s agency Universal McCann ran into trouble in New Zealand a few years back, but although it was invited to pitch for the business, it declined. Since then, the business has been floating around and Zenith remained in place during the tendering process (some insiders feel the delay is because no-one actually wanted the account due to low margins and L’Oréal’s reputation as a fairly difficult client). But Universal McCann is now back in the fold and will take up the role as media agency in the Australia/New Zealand region.
Browsing: McCann Wordgroup
L’Oréal takes Universal McCann to be its lawful, wedded media agency