Yes, We Cannes: a week of celebration and hope for an industry that will never be the same again

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By Eleftheria Parpis

Cannes does not do recession well. The sun-drenched French Riviera, grand hotels along the Croissette and yachts bobbing in the harbor provided an incongruous backdrop for last week's gathering of an industry battered by a brutal year. Attendance was down 40 percent. Award entries were down 20 percent. Still, hope springs eternal in ad land, as executives expressed faith that the worst is over and celebrated work they hoped would show the way forward, including an inspirational presidential campaign and a scrappy effort for a small tourism account that became a global phenomenon.

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