Carat sets up two account teams to handle £160m Adidas/Reebok media
Carat is setting up two distinct account teams to run Adidas/Reebok after it won the £160 million consolidated global media planning and buying account.
The move follows Adidas' acquisition of the rival Reebok company last
year.
Carat's two teams, the Adidas one based in London and Reebok's in Boston
in the US, will be co-ordinated by Nigel Morris, the chief executive of
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six years.
The move follows Carat's triumph over OMD in a final pitch after Starcom
and MediaCom had earlier withdrawn.
In the UK, the decision means the £6 million Adidas and £4
million Reebok accounts move from PHD and OMD respectively into
Carat.
Before the pitch, Carat handled Adidas globally, with the exception of
the UK. OMD handled Reebok across Europe.
Uli Becker, Adidas' head of global brand marketing, said Carat's "strong
strategic vision and commitment to our business" made it the winner.
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