London Agency Dares Expansion in N.Y. | Adweek London Agency Dares Expansion in N.Y. | Adweek
Advertisement

London Agency Dares Expansion in N.Y.

Advertisement

NEW YORK Every day brings news of more agency cutbacks as the economy continues to wallow in recession. But not all agencies are retrenching.

Top London digital shop Dare is making its first foray abroad by opening operations in New York. It has tapped its former creative director James Cooper to lead its U.S. efforts. Cooper, 36, returned to Dare after a year at Another Anomaly, where he was one of the shop's founding partners.

The bet: its savvy in digital branding that's lured clients like Sony, BMW and Vodafone will attract opportunities in the U.S. market which is dominated by large shops rooted in Web design.

"I don't think there are many good digital strategic, creative agencies out there," Cooper said. "The days of people saying you can't build a brand online are over. You can definitely build a brand online."

The time is right for an expansion for Dare, which has been named Agency of the Year four out of five years by Campaign magazine, he said. In 2007, Cooper's last year at the shop, Dare won all three pitches it competed in and turned away 122, according to Cooper.

"Dare London is so ridiculously solid," he said. "They can switch on the new business tap at any time."

Dare joins other successful U.K. digital shops looking to break into the U.S. market. Poke launched a New York outpost in 2007. Fellow U.K. digital shops Steak Media and Agency Republic opened in New York last year.

Of course, success in one market does not mean it will translate into another. Cooper will act as an "advance guard" to see what opportunities exist for Dare in the U.S. market, according to John Owen, a partner at Dare in London.

"We are very much prepared to refine our thinking as we go," he said. "We're in beta at the moment. We're very hopeful that this is the precursor to something magnificent."

Dare New York plans to take a page out of Anomaly's book by taking a stake in businesses and tying compensation to business generated, particularly for new brands. Cooper estimates this type of arrangement will eventually represent up to 30 percent of Dare New York's business.

Continue to next page →