Things look better in Paris. Food smells and tastes better. Sex is better.
How else to explain the shining ray of optimism from Publicis CEO Maurice Levy who said Tuesday that the market hit bottom last June?
“The advertising market has stopped deteriorating during the summer and a slow and gradual recovery is under way,” he told reporters.
Mr. Levy said Publicis should outperform the expected 10% decline for the global advertising market in 2009 and could post organic growth for the whole of 2010 once it returns to growth around the middle of next year.
[via The Wall Street Journal]