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Best Buy Cuts Outlook Despite Positive Q1 Numbers

Best Buy will “scenario-plan” as it monitors the impacts of the tariffs.

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Adult Beverage Distributor Diageo Anticipates $150M Impact From Tariffs

Diageo introduced a cost-savings program aimed at achieving $500 million in savings over three years.

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Burberry to Cut 1,700 Jobs Globally

Most of the cuts will come from Burberry’s corporate offices.

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Mark Penn Puts Stagwell’s Q1 Net Boost Down To Winning Bigger Briefs From Bigger Brands

The CEO reflects on the challenger network's growth strategy, following a 6% YoY net revenue bump in Q1.

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The Trade Desk Returns to Form, Growing 25% YoY

Two-thirds of clients use its core platform Kokai, with the bulk of spend running through it.

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Stagwell Bullish About Growth As Q1 Revenue Slides But Net Climbs

Stagwell posted $130 million in new business in Q1 and grew net revenue 9% excluding advocacy, as CEO Mark Penn said the company is “on a steady course” amid industry [...]

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‘Significant’ Improvements Coming to Disney Streaming Platforms

Disney CEO Bob Iger said technology updates are coming to streaming in the 'near term.'

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The New York Times Adds 250,000 Subs in Q1, with Tariff Impact ‘Immaterial’

The publisher has not yet experienced any negative effects of the brewing trade war, calling the impact of tariffs "immaterial."

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Advertisers Hold Steady Amid Tariff Uncertainty—For Now

Major holding companies are bracing for the potential impact of new tariffs, with leaders from WPP and Omnicom directly acknowledging growing uncertainty, while IPG and Publicis emphasized broader macroeconomic volatility [...]

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CPGs Talk Tariffs, Price Hikes, and Marketing Budgets as Consumer Confidence Drops

Executives from PepsiCo, Kimberly-Clark, and Procter & Gamble share their thoughts on navigating an uncertain economy.

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Mark Read is Still Banking on a GroupM Turnaround

The WPP CEO tells ADWEEK the media network has a 'solid plan' to deliver results this year.

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WPP’s Q1 Revenues Slide 5%, but Tariffs Aren’t to Blame

'I don't want to give the impression that we're happy with these results. We're not,' Read told investors and journalists.