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Venus Williams signs record £27m deal with Reebok

Current Wimbledon and US Open champion Venus Williams has signed what is reportedly a 27m endorsement deal with sportswear manufacturer Reebok, a record figure for a female athlete.

Marks & Spencer to launch convenience stores

Retailer Marks & Spencer is to open a new line of convenience stores in May next year, in an attempt to compete with Sainsbury’s Local and Tesco Metro.

Barrett Cernis nets creative for men's retailer

Peter Werth, the fashion retailer for men, has picked Barrett Cernis to handle the creative on its pounds 1 million-plus account as it extends its ad presence beyond lads mags and into outdoor media.

DIARY: Pick of the week

Francesca Newland is entertained by Miles Calcraft Briginshaw Duffy's ad for Aristoc: 'The Italian guy showing a surprising, if bizarre, knowledge of a pair of tights made me laugh. The ad is very stylish, which is the kind of image Aristoc should project. Positioning the subtitles over a woman's face...

German Supreme Court lifts ban on Benetton ads

The German Supreme Court has overturned a five-year ban on controversial Benetton ads featuring Aids victims and ecological disasters, after ruling that free speech had been violated by the ban.

Victoria’s Secret to launch in the UK

US lingerie chain Victoria’s Secret is planning to launch a chain of stores in the UK in the first stage of a full European rollout.

DIARY: C&A Man takes a bow

A fact that seems to have been forgotten by all the media that have covered the imminent closure of C&A in the UK (cue sound of violins - no, make that cheers) is the amazing body of advertising that the high-street king of polyester will leave as its legacy since opening here in 1924. Who could forget...

Gucci to take Alexander McQueen brand worldwide

Italian fashion house Gucci plans to turn UK fashion designer Alexander McQueen into a worldwide brand following its acquisition of a majority stake in the design house for an undisclosed sum.

HOTLINE

The new-media marketing agency Lateral, which counts Levi Strauss and Stella Artois among its clients, has appointed a managing director. Paul Fradgley joins the agency from Fradgley Barry Advertising Services, which specialises in buying TV airtime for direct response clients.

Interpublic buys Deutsch

The Interpublic Group of Companies has acquired New York-based advertising agency Deutsch. Terms of the acquisition have not been disclosed, but the deal is estimated to be worth 200m- 300m.

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