BAT reports 26 per cent fall in full-year profits
British American Tobacco has reported a 26 per cent fall in full-year profits, to &£1.56bn. It blames one-off costs and losses from the sale of some of its businesses.
British American Tobacco has reported a 26 per cent fall in full-year profits, to &£1.56bn. It blames one-off costs and losses from the sale of some of its businesses.
Inclusive marketing drives meaningfulness and differentiation for Lego, says brand boss Carolina Teixeira, measures closely linked to price elasticity.
Marketing boss Richard Warren claims boards see advertising as a running cost, meaning marketers shouldn’t “cloak” campaigns in the word “investment”.
Overall digital advertising spend grew 11% in 2023 to £29.6bn, according to data from IAB and PwC.
Chief brand officer Ije Nkoworie, who takes over as CEO next year, says marketing can get distracted by trends and risk preventing customers discovering product.