MAM
WPP explores sale of flagship PR agency Burson
Advertising giant considers exit from public relations amid restructuring drive.
MUMBAI: WPP is reportedly preparing to spin a new chapter by potentially spinning off one of its oldest storytellers. The British advertising and marketing services group is exploring a possible sale of its public relations arm Burson, with advisers at Goldman Sachs reviewing strategic options, according to a report by The Times. The move, if completed, would mark a near-complete exit from the PR sector for WPP and represent the first significant disposal under chief executive Cindy Rose, who is leading a broader effort to simplify the company’s structure and restore growth.
Burson was formed in 2024 through the merger of BCW and Hill & Knowlton. It employs around 6,000 people globally and forms the core of WPP’s remaining PR operations. A sale would follow the earlier divestment of a majority stake in FGS Global to KKR, a deal that valued that business at £1.3 billion.
The review comes as WPP continues to face pressure on its financial performance. In 2025, the company’s PR segment generated £667 million in revenue less pass-through costs, reflecting a 6.0 per cent like-for-like decline, and delivered £102 million in headline operating profit. The division has shrunk considerably after the FGS Global disposal in late 2024.
WPP reported full-year revenue of £13.55 billion in 2025, down 8.1 per cent on a reported basis, while headline operating profit fell 22.6 per cent and margins dropped to 13.0 per cent.
Rose’s Elevate28 strategy aims to move the company away from a traditional holding company model towards a more integrated organisation built around four divisions: media, creative, production, and enterprise solutions. The plan also targets £500 million in cost savings by 2028.
Both WPP and Goldman Sachs declined to comment on the report.
The advertising industry has seen growing speculation about the future of large publicly traded PR firms, with similar rumours swirling around Weber Shandwick and potential private equity interest in management buyouts. However, finding a suitable buyer for a large global legacy PR business remains a key challenge.
In the fast-changing world of marketing and communications, WPP appears keen to streamline its narrative and selling Burson could be the next dramatic plot twist in its transformation story.
Brands
Akoirah rolls out Diamond Draw campaign across cities for Akshaya Tritiya
Festive offer blends discounts with prize draws to boost jewellery shopping buzz
MUMBAI: Akoirah has launched a festive ‘Diamond Draw’ campaign across Mumbai, Navi Mumbai and Pune, aiming to add a dash of excitement to jewellery shopping ahead of Akshaya Tritiya.
Running from April 6 to 19, the limited-period initiative offers customers a chance to win diamond jewellery worth Rs 1.5 lakh with every eligible purchase. Winners will be announced in-store, with one winner selected per outlet, turning a traditional shopping ritual into a more interactive experience.
Alongside the draw, the brand is also offering a flat 20 per cent discount on diamond value during the campaign period, positioning the offer as both celebratory and value-driven.
The move reflects a broader shift in festive retail strategies, where brands are looking beyond straightforward discounts to create more engaging, experience-led campaigns. By linking each purchase to a unique entry in a store-specific draw, the campaign aims to keep participation simple while ensuring fairness across locations.
Speaking on the initiative, Akoirah founder Namita Kothari said the idea was to make festive buying more meaningful and rewarding. She noted that while Akshaya Tritiya remains deeply rooted in tradition, customers today are increasingly seeking memorable shopping experiences alongside value.
The campaign also taps into evolving consumer preferences, with buyers leaning towards lighter, design-led jewellery rather than purely weight-based purchases. This shift has encouraged brands to combine product appeal with experiential elements to drive footfall and engagement.
Backed by digital promotions and in-store activations, the Diamond Draw campaign is expected to build momentum during the festive window. As competition intensifies around key buying occasions, initiatives like these underline how jewellery brands are reimagining the retail experience to keep customers coming back for more than just the sparkle.
