Advangen CEO takes aim at Ikon, claims agency targeted women in fishing shows

The CEO of the parent company for hair loss brand Advangen has, today, used an investor call to take aim at its former media agency Ikon Communications, blaming it for a “totally unsatisfactory” advertising campaign in early 2016.

AdvangenMaria Halasz, CEO of Cellmid, told investors that due to the ongoing legal action she was unable to provide much detail of their cross-claim but cited one example, of where she said ads for women were being shown during a fishing show, to claim the agency had missed its objectives.

“We are now in a legal dispute with Ikon and I will not go into any detail on the multiple basis of our complaint,” said Halasz. “But by way of example, a female (targeted) ad was shown during a fishing show. We do know that some women watch fishing shows but the evidence shows these are a small minority.”

Halasz also claimed that the poor performance of the campaign had had a negative financial impact on the business, with the CEO noting that they had made sure their distribution network was “fully stocked” in anticipation of an uplift in demand, which failed to eventuate.

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