M&A dollar volume drops 26% in first half
The transactional dollar volume for the merger and acquisition activity in the marketing, advertising and digital media industries…
President/CEO out at Charming Shoppes
Charming Shoppes Inc.’s president and CEO, Dorrit J. Bern has resigned effective immediately. “Dorrit and the board agreed…
Wunderman acquires Designkitchen
In the latest move designed to boost its digital offerings, Wunderman has acquired Chicago-based Designkitchen. Terms of the…
DMNews talks with Adam Burke, SVP of customer loyalty at Hilton Hotels Corp.
Adam Burke, SVP of customer loyalty at Hilton Hotels Corp., discusses what keeps the chain’s 21-year-old loyalty program,…
Jim Beam touts its inner ‘stuff’
While Jim Beam’s marketing has long focused on the quality of the drink inside the bottle, the brand’s…
IAC to take $300 impairment on Cornerstone
IAC/InterActive Corp. said it expects to take a goodwill impairment of approximately $300 million against its retailing unit,…
Juvenile Diabetes Research Foundation picks LW Robbins for DM
The Juvenile Diabetes Research Foundation (JDRF), a charitable funder and advocate of Type 1 diabetes research, has chosen…
Celebrate Express sold for $31M to Liberty Media
Liberty Media Corp. has entered into a definitive agreement to acquire party supplies and costumes multichannel merchant Celebrate…
Government rivals DTC for student loans
A series of changes to the federal student loan program that take effect July 1 could potentially slow…
Visa, Facebook team up for b-to-b network
Visa Inc. has launched a b-to-b network on Facebook to help connect small businesses. “Working with Facebook, Visa…