72andSunny loses Coors Banquet account to Mekanism
Posted in: UncategorizedMDC Partners-owned 72andSunny has lost the Coors Banquet account to Mekanism. A MillerCoors spokeswoman confirmed the move today. 72andSunny still has the much-larger Coors Light account, according to the spokeswoman. But the Banquet loss is an ominous sign for 72andSunny because MillerCoors has traditionally kept the Coors family of brands at the same agency.
But it’s not all good news for Mekanism, either. The independent agency is on the losing end of another MillerCoors account shift with the brewer moving its Redd’s brand of flavored malt beverages to Omnicom’s Energy BBDO. The Chicago-based agency joined the MillerCoors roster in October when it picked up creative for Cape Line, a new low-calorie flavored malt beverage brand that MillerCoors announced in August. Omnicom’s DDB Chicago is the lead agency for Miller Lite.
MillerCoors shoveled $184 million in measured media into the Coors family of brands in 2017, according to the Ad Age Datacenter. Coors Light, the second-largest beer in the U.S., accounts for most of that spending. 72andSunny picked up all the Coors brands in late 2015 after MillerCoors cut WPP’s Cavalry of Chicago. But Coors Light has been stuck in a slump lately. Case sales volume fell 6.3 percent in the year-to-date period ending Nov. 24, according to Nielsen. Coors Banquet did not do much better, falling 6.2 percent.
Post a Comment