UM retains US$50m L'Oreal media account in Australia

SYDNEY - L'Oreal has reportedly reappointed IPG's Universal McCann (UM) to its US$50 million consolidated media buying and planning account in Australia, following a review initiated in August.

UM retains US$50m L'Oreal media account in Australia

UM’s appointment by L’Oreal Australia follows a and shortlist believed to have also included Carat and Mindshare – which  Prior to the appointment, the account was split between UM and Publicis-owned Zenith Optimedia.

, and in the US, L'Oreal recently consolidated its US$700 million consumer division with UM.

July 2010 saw , while end-2009. A review and pitch process is still

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