[manila] Starbucks Coffee Co. has teamed up with Rustan Group, one of Manila's leading retailers, to introduce at least 10 Starbucks outlets in the Philippines. Manila's first Starbucks Coffee shop last week opened in the country's main financial district. The Philippines is only the third foreign country after Japan and Singapore to have Starbucks.
Publicis earnings up 18%
[paris] Publicis SA saw earnings reach $18.9 million for the first nine months of 1997, up 18% over a year ago. Earnings for the third quarter climbed 14% to $4.9 million. The company projects it will increase earnings by at least 20% in 1997, with billings topping $4.2 billion, a 14% increase over '96. Separately, Publicis has bought a 60% stake in Capurro & Asociados, Buenos Aires, describing it as one of Argentina's "most inventive" ad shops. Capurro registered 1996 income of $6.6 million.
Time claims pan-Europe record
[london] Time published a special issue this month that it claims is the biggest single issue in terms of ad spending ever produced by a pan-European publisher. The success of "The New Age of Discovery" has driven the publishing team to plan several "innovative" publishing projects for 1998 and 1999, says Time Atlantic Publisher Wil Merritt. "Discovery" is expected to draw sales of 200,000-plus copies in Europe, Middle East and Africa -- three times average Time newsstand sales.
Kellogg reviews Australia media
[sydney] Kellogg Australia is reviewing its $28 million media account, though recently appointed marketing director Sandy Kolkey says it is part of a standard periodic process and does not reflect on the performance of incumbent, J. Walter Thompson Co. Kellogg has been suffering a loss of market share in the $560 million cereal category since reducing its media spending in Australia during the past two years. Sydney agencies invited to pitch for the business, apart from JWT, include Leo Burnett Connaghan & May, which is Kellogg's creative and planning agency, and Publicis affiliate Optimedia.
Avon calls on India's aging population
[new delhi] Avon Cosmetics is diversifying its presence into the upper end of the subcontinent's estimated $2 billion cosmetics market. Its Avon Beauty Products India subsidiary has launched Anew-SPF 15, a skincare product that addresses problems associated with aging skin. The new launch is part of Avon's