Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
The Leap Group’s net loss of $5.6 million in its most recent fiscal year has forced the slashing of its ad agency staff by 40 percent and the elimination of $1 million in executive salaries.
Even with the downsizing, Leap Group’s troubles may not be over. According to the company’s annual report, a mutual client of Leap’s ethnic agencies (YAR Communications and Kang & Lee) plans “across-the-board reductions in its marketing programs” this year. The client generated 36.3
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in