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Arnold Is Ad Age's Comeback Agency of the Year
February 23, 11
Advertising Age
By Rupal Parekh
Heading into 2010, Arnold was predicting revenue for the year would drop 20% compared with 2009, after a string of clients, including GlaxoSmithKline, RadioShack, Choice Hotels and Citizens Bank, all walked out the door.
But early forecasts proved unreliable. Starting in January of last year, the Havas-owned agency not only stopped bleeding accounts, it started winning them -- 18 of them to be exact. On top of solid organic client growth, Arnold brought in some $700 million in fresh billings, and instead of closing out the year down, it was up 5% in U.S. revenue.

Read more on AdAge.com.
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