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In brief: The acquisition will “accelerate” the global expansion of Havas Media Group’s full-service ecommerce agency Havas Market from the UK.

Sir Martin Sorrell’s S4 Capital reported operating losses of £75.4m in the first half of 2022, according to its latest financial results.

Global retail media is likely to surpass the $100bn mark this year, according to WPP’s media-buying arm GroupM.

In brief: MSQ, the UK agency group that includes media agency Walk-In Media and integrated shop The Gate, has reported record growth for its latest annual financials results.

Karen Blackett will step down from her duties as GroupM CEO in the UK after being named as UK president of WPP.

VaynerMedia has promoted Daisy Domenghini to managing director of EMEA amid a restructuring of its senior leadership team.

In brief: Sonia Cunningham has joined the 4Sales team as AV leader from Hearts & Science.

In brief: Clairol, the at-home hair colour brand, has partnered with Channel 4’s First Dates to celebrate “finding your perfect match”. 

In brief: Four in 10 Brits are worried about affording Christmas this year according to a new study. 

The downturn is an opportunity for the advertising industry to align more closely with clients’ business objectives.