Wednesday, November 29, 2023
  • About
  • Advertise
  • Careers
  • Contact
4press
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • News
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Login
No Result
View All Result
4Press
Home Bud Light Beer Sales 2. Plummet 3. Controversial Ad Campaign 4. Transgender Influencer 5. Dylan Mulvaney

“Bud Light Beer Sales Plummet Following Controversial Ad Campaign with Transgender Influencer, Dylan Mulvaney”

admin by admin
August 3, 2023
in Bud Light Beer Sales 2. Plummet 3. Controversial Ad Campaign 4. Transgender Influencer 5. Dylan Mulvaney, Uncategorized
0
“Bud Light Beer Sales Plummet Following Controversial Ad Campaign with Transgender Influencer, Dylan Mulvaney”
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Anheuser-Busch InBev’s Q2 Results Show Decline in Sales and Profits

Anheuser-Busch InBev (AB InBev), the world’s largest brewer, has reported a decline in sales and profits in the US during the second quarter of 2023. The decline is primarily attributed to the performance of Bud Light, which has lost its position as America’s best-selling beer.

Boycott Impact

The decline in sales and profits can be traced back to a boycott of Bud Light following a promotional deal with a transgender influencer. Many conservatives, including presidential candidate Ron DeSantis, stopped buying Bud Light after the influencer, Dylan Mulvaney, posted an ad for the brand on her social media account.

Related posts

Sam Bankman-Fried: Controversial ‘crypto king’ jailed in dramatic fashion as bail is revoked

Sam Bankman-Fried: Controversial ‘crypto king’ jailed in dramatic fashion as bail is revoked

August 14, 2023
Mark Zuckerberg Urges to Leave Behind the Elon Musk Cage Fight Controversy

Mark Zuckerberg Urges to Leave Behind the Elon Musk Cage Fight Controversy

August 13, 2023

In the video, Mulvaney shared an image of a personalized Bud Light can with her face on it, which was sent to her by the company to celebrate her 365th day living as a trans woman. Similar cans were sent to influencers across the country.

Following the backlash, Mulvaney expressed feeling abandoned by Bud Light and revealed that she had experienced significant bullying and transphobia. This controversy led to a decline in sales for Bud Light.

Financial Impact

The financial results for AB InBev in the US showed a 15% decline in sales to wholesalers and a 14% decline in sales to retailers. Additionally, pre-tax profit dropped by 28% during the second quarter of 2023. Approximately two-thirds of the decrease in sales and profits can be attributed to the declining market share performance of Bud Light.

The remaining decline is due to increased investment and support measures for wholesalers. AB InBev has been taking steps to address the decline in sales and profits, but the impact of the boycott has been significant.

AB InBev’s Response

AB InBev has stated that it remains committed to its partnerships with organizations across various communities, including the LGBTQ+ community. The company emphasizes that the privacy and safety of its employees and partners are always a top priority.

Despite the decline in sales and profits, AB InBev continues to own major beer brands such as Becks, Budweiser, Corona, and Stella Artois. The company will need to strategize and implement measures to regain market share and improve financial performance in the US market.

Overall, the boycott of Bud Light following the promotional deal with a transgender influencer has had a significant impact on AB InBev’s sales and profits in the US. The company will need to navigate this controversy and work towards rebuilding its market position in the coming months.

Tags: Beer sales
Previous Post

“Wilko’s Potential Collapse Threatens 12,000 Jobs in UK Retail Sector”

Next Post

“Boost Your Savings and Rental Opportunities with Rising Interest Rates”

Next Post
“Boost Your Savings and Rental Opportunities with Rising Interest Rates”

"Boost Your Savings and Rental Opportunities with Rising Interest Rates"

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

NatWest CEO Set to Resign Following Urgent Board Meeting

NatWest CEO Set to Resign Following Urgent Board Meeting

4 months ago
“Top Takeaway Pint Rules to Keep Following Cancellation of Proposed Ban”

“Top Takeaway Pint Rules to Keep Following Cancellation of Proposed Ban”

4 months ago
“Energy Regulator Aims to Enhance Winter Protections for Homes and Businesses”

“Energy Regulator Aims to Enhance Winter Protections for Homes and Businesses”

4 months ago
Breaking News: Allison Kirkby Makes History as BT’s First Female Chief Executive

Breaking News: Allison Kirkby Makes History as BT’s First Female Chief Executive

4 months ago

FOLLOW US

BROWSE BY CATEGORIES

  • 900 loss 4. Treasury bond fund 5. plummeting value
  • Acas Survey
  • Acquire
  • AI
  • Airline
  • alert
  • Allegations of Ongoing Bullying 2. Toxic Work Environment 3. This Morning 4. Staff's Efforts to Report 5. ITV
  • Allison Kirkby
  • Apparel and Accessories 2. Vintage Collectibles 3. Limited Edition Products 4. Apple Merchandise 5. Exclusive Logo Items
  • Artificial Intelligence 3. Media
  • Automotive industry 2. Car registrations 3. July statistics 4. SMMT (Society of Motor Manufacturers and Traders) 5. Record-breaking numbers
  • Automotive Industry 2. Electric Vehicles 3. Second-hand Market 4. Sales Trend 5. Record-breaking Figures
  • Bank of England
  • Banking
  • Banking and Finance 2. Mergers and Acquisitions 3. Co-operative Bank 4. Sainsbury's 5. Mortgage Portfolio
  • Banking regulations 2. Interest rate policies 3. Compliance requirements 4. Consumer protection 5. Financial transparency
  • Barbenheimer'
  • Barbie Film 2. Box Office Records 3. $1 Billion in Sales 4. Female Directors 5. Triumph
  • Ben Bernanke
  • Breaking News
  • Bud Light Beer Sales 2. Plummet 3. Controversial Ad Campaign 4. Transgender Influencer 5. Dylan Mulvaney
  • Business
  • Business 2. Retail 3. Rescue bid 4. Gordon Brothers 5. Wilko
  • Business acquisitions 2. Publishing industry news 3. Financial investments 4. Private equity firms 5. Impact on Simon & Schuster
  • Business and Finance 2. Media and Publishing 3. Mergers and Acquisitions 4. Parenting and Family 5. Corporate Transitions
  • Business Growth: Revenues and User Numbers Surge at Meta 2. Legal Matters: Meta's Legal Expenses Soar amidst Success 3. Financial Performance: Surging Revenues
  • Business News 2. Entertainment Industry 3. Film Industry 4. CEO Insights 5. UK Cinema Challenges
  • Business News 2. Real Estate Industry 3. Company Acquisitions 4. Workforce Changes 5. Purplebricks Announcement
  • Business News 2. Technology 3. Workplace 4. HR Policies 5. COVID-19 Updates
  • Cancer monitoring
  • central bank
  • CEO
  • CEO Resignation 2. NatWest 3. Nigel Farage 4. Bank Account Leak 5. Controversy
  • Chief Economist
  • China
  • Co-op Bank's compensation package 2. Customers affected by processing system issue 3. Compensation offer details 4. Co-op Bank's response to the issue 5. Customer support and compensation process
  • collaboration
  • controversial imagery
  • Controversy 2. BBC's Maida Vale Studios Bid 3. Vaughn Consortium 4. Challenges 5. Surrounds
  • Corporate Governance 2. Executive Compensation 3. Dispute Resolution 4. Legal Accountability 5. Responsible Leadership
  • Corporate Social Responsibility 2. Fashion and Sneaker Industry 3. Philanthropy 4. Adidas Yeezy Trainers 5. Business Ethics
  • Coutts CEO
  • COVID
  • COVID rules
  • Credit
  • Crime
  • Crime 2. Retail 3. Employee abuse 4. Co-op shops 5. Trend analysis
  • Daily Mail 2. Proprietor Rothermere 3. Investors 4. Discussions 5. Telegraph Acquisition
  • Debt Relief Services 2. Corporate Insolvencies 3. Increasing Demand 4. Highest Level in Over a Decade 5. Financial Crisis
  • Disney+ 2. UK Prices 3. Global Subscriber Decline 4. Information 5. Important Updates
  • Domestic Abuse 2. Smart Speakers 3. Baby Monitors 4. Control of Victims 5. Warning by MPs
  • E-commerce
  • Economic 2. Financial 3. Political 4. Credit 5. Governance
  • Economic downturn
  • Economic Growth 2. Financial Performance 3. Market Expansion 4. Current Industry Trends 5. Long-term Sustainability
  • Economic news
  • Economics
  • Economics 2. Monetary Policy 3. Financial Markets 4. Quantitative Easing 5. Interest Rates
  • Economy
  • Economy 2. Bank of England 3. Forecasts 4. Prolonged Economic Struggles 5. Many
  • Economy 2. Technology
  • Electric vehicles 2. Van industry 3. Arrival 4. Partnerships 5. Survival strategies
  • employment
  • Energy
  • Energy price cap 2. Negative impact 3. Increased costs 4. Inflation 5. Energy sector
  • Energy Security 2. Job Creation 3. Reduced Reliance 4. Hostile States 5. Russia
  • Entertainment 4. Corporate
  • Entertainment industry 2. Artificial Intelligence (AI) 3. Hollywood 4. Actors 5. Writers
  • Environment
  • Eurozone interest rates 2. Record high 3. Economy 4. Financial markets 5. Impact
  • Executives 2. Career milestones 3. Departure 4. Succession planning 5. Uncertainty
  • Experiment
  • Expiring rules
  • Fashion
  • Fast food
  • Finance
  • Finance 2. Investment Banking 3. Executive Recruitment 4. European Market 5. Warburg Pincus
  • Finance and Banking 2. Economic News 3. Political Developments 4. Controversies 5. Business Updates
  • Financial 5. Future Outlook
  • Financial News 2. Banking 3. Mergers and Acquisitions 4. Shawbrook Bank 5. Co-operative Bank
  • Financial performance: Analyzing the economic health and profitability of major companies. 2. Competitive landscape: Assessing how different companies compare in terms of market share
  • Financial Regulations 2. Banking Practices 3. Legal Consequences 4. Political Bias 5. Corporate Governance
  • Food and Beverage 2. Government Regulations 3. Social Impact 4. Business and Economy 5. Licensing and Policies
  • Food industry 2. Plant-based alternatives 3. Beyond Meat 4. Revenue decline 5. Demand decrease
  • Football
  • Former Fed Chair
  • Franchise
  • Fraud Scandal
  • Fraudulent Ticket Sales 2. Ticket Scam Alerts 3. Increasing Report of Ticket Fraud 4. Lloyds Bank's Warning on Football Ticket Scams 5. Rising Incidents of Ticket Fraud: Lloyds Bank's Caution
  • Gender inequality
  • Global economy
  • Government
  • Halifax 2. Mortgage Rate Cutters 3. Halifax Mortgage Rates 4. Halifax Mortgage Deals 5. Halifax Mortgage Offers
  • Health
  • Healthtech
  • Heathrow Airport
  • Home protection 2. Carbon Monoxide alarms 3. Online shopping 4. Effectiveness of products 5. Safety precautions
  • Housing affordability 2. Real estate investment 3. Market stability 4. Housing demand 5. Economic resilience
  • Housing crisis 2. Rental supply 3. Affordability 4. Impact on renters 5. Britain's housing market
  • HS2
  • Increasing Pressure
  • inflation
  • Influence
  • interest rates
  • Investigation
  • Italy 2. Unexpected windfall tax 3. Banks' interest rate profits 4. What you need to know
  • Job cuts
  • Job market 2. Hiring trends 3. Economic climate 4. Employer concerns 5. Survey findings
  • Job Opportunity
  • Kwasi Kwarteng 2. Mini-Budget Decision 3. Ignored Warnings 4. Significant Economic Deterioration 5. Economic Policies
  • Labor
  • labor strike
  • Labour warning 2. UK households 3. potential £8
  • Legal action
  • legal troubles
  • Mattel
  • Media
  • Media Consumption Trends 2. Broadcasting Industry Insights 3. Television Viewership Analysis 4. Ofcom's Groundbreaking Report 5. Changing Landscape of TV Watching
  • Microsoft
  • Mortgage arrears 2. UK finance 3. Homeowners 4. Landlords 5. Payment struggles
  • MPs Report: Food Insecurity 2. Unhealthy Eating Habits 3. Obesity 4. Food Insecurity and Unhealthy Eating 5. MPs Report on Food Insecurity and Obesity
  • Music industry news 2. Artificial intelligence 3. Google 4. Music labels 5. Song generation
  • NatWest
  • NatWest CEO
  • News
  • Nigel
  • Nigel Farage 2. Coutts Bank 3. Bank accounts 4. Offer 5. Controversy
  • Nuclear Energy
  • Politics
  • Politics 2. Finance 3. Banking 4. Corporate Accountability 5. Data Leak
  • Premier League
  • product offerings
  • Prospects
  • Racial discrimination
  • Real estate market 2. Sales decline 3. Housing prices 4. Taylor Wimpey 5. Resilience
  • Regulator
  • rental opportunities
  • Rental Property Shortage 2. Increasing Demand 3. Limited Supply of Tenants 4. RICS Predicts 5. Rental Property Market
  • Resignation
  • Retail industry 2. British towns 3. Decline of retail outlets 4. Disappearing thousands 5. Socio-economic transformation
  • Retail industry 2. Consumer behavior 3. High street economy 4. Business impact 5. Competitive landscape
  • reveals
  • Rishi Sunak 2. North Sea Energy Opportunities 3. Scotland's Net Zero Transition
  • Rising interest rates 2. Redditch residents 3. Food banks 4. Survival 5. Relying
  • Royal Mail Stamps 2. Barcode 3. Surcharge Fees 4. Last Chance 5. Avoidance
  • Sales
  • Sam Bankman-Fried 2. Controversial 'crypto king' 3. Jailed in dramatic fashion 4. Bail revoked 5. Crypto industry news
  • Savings
  • Seth Rogen 2. ongoing challenges 3. Hollywood writers' dispute 4. strike reaches 100th day 5. highlights
  • Share
  • Shell
  • smoking cessation
  • Social Media 2. Technology 3. Celebrity News 4. Business 5. Entrepreneurship
  • Social Media 2. Twitter 3. Usernames 4. Platform Account 5. Social Media Trends
  • Sparta Activist Fund 2. Dr Martens 3. Stake increase 4. Share price slump 5. Sparta Activist Fund's strategy
  • Sports
  • Sports 2. Business 3. Legal 4. Tottenham Hotspur FC 5. Insider Trading
  • Spotify
  • Start-Up
  • Summit
  • Surge in Passenger Numbers
  • Taxation policies 2. Historical trends 3. Alcohol duties 4. Other duties 5. Evolution of duty rates
  • Taylor Swift
  • Tech Industry News 2. Social Media Updates 3. Corporate Investigations 4. Compliance and Rule Violations 5. Elon Musk Updates
  • Tech Industry Rivalry 2. Social Media Impact 3. CEO Public Feuds 4. Ethical Responsibility 5. Celebrity Incidents
  • Technology 2. Artificial Intelligence 3. Business 4. Finance 5. Microsoft
  • Technology Titans 2. Business Rivalry 3. Celebrity Showdown 4. Battle of the Innovators 5. Epic Venue
  • tourism
  • Train Strikes 2. Affected Rail Services 3. Complete Schedule 4. Train Disruptions 5. Transport Disruptions
  • Transportation
  • Transportation 2. Rail services 3. Train drivers 4. Overtime ban 5. Passenger inconvenience
  • Transportation industry 2. Ride-hailing services 3. Company financials 4. Business achievements 5. Profitability
  • Travel
  • Treasury 2. Control of Appointment 3. Watchdog Complaints 4. Czar 5. Government Oversight
  • UK Economy 2. Modest Growth 3. 0.2% 4. ONS Figures 5. UK Economic Performance
  • UK Retail
  • Uncategorized
  • Unilever
  • Unlawful 'De-Banking'
  • US interest rates 2. Economy 3. Finances 4. Surge 5. Impact
  • User Numbers
  • Virgin
  • Vue CEO 2. UK cinemas 3. Challenges 4. Barbenheimer Box Office Triumph 5. Despite
  • WANdisco
  • Water companies
  • Wilko
  • Wilko's Collapse 2. Threat to UK Retail Sector 3. Potential Job Losses 4. Wilko's Impact on Economy 5. Retail Industry Crisis
  • Wilko's Rescue Deal Hopes Dim 2. Administration Looms 3. What's Next for the Retailer 4. Retail Industry 5. Financial Troubles
  • Work

BROWSE BY TOPICS

Abrdn Adidas Bank of England Banks Ben Bernanke British Gas Business Co-op Bank Coutts Dame Alison Rose Debt prevention Debt relief Elon Musk Energy regulator Eurozone Government GPT-4 Healthcare Interest rates Investigation Kwasi Kwarteng Limited Edition Lloyds Lloyds Bank Looting Meta Microsoft MPs Report NatWest NatWest CEO Nigel Farage Retail outlets Shell Spurs Telegraph THG Tottenham Hotspur Train strikes Twitter UK economy US economy Vue Vue CEO Wilko Wizz Air

POPULAR NEWS

    4Press

    4press.biz is a business news website that covers the latest trends and developments in various industries and markets. You can find press releases from leading companies and organizations, as well as insightful articles and analysis from experts and journalists.

    Follow us on social media:

    Recent News

    • Sam Bankman-Fried: Controversial ‘crypto king’ jailed in dramatic fashion as bail is revoked
    • Mark Zuckerberg Urges to Leave Behind the Elon Musk Cage Fight Controversy
    • “Top Takeaway Pint Rules to Keep Following Cancellation of Proposed Ban”

    Category

    Recent News

    Sam Bankman-Fried: Controversial ‘crypto king’ jailed in dramatic fashion as bail is revoked

    Sam Bankman-Fried: Controversial ‘crypto king’ jailed in dramatic fashion as bail is revoked

    August 14, 2023
    Mark Zuckerberg Urges to Leave Behind the Elon Musk Cage Fight Controversy

    Mark Zuckerberg Urges to Leave Behind the Elon Musk Cage Fight Controversy

    August 13, 2023
    • About
    • Advertise
    • Careers
    • Contact

    © 2023 4press

    No Result
    View All Result
    • Home
    • Politics
    • News
    • Business
    • Culture
    • National
    • Sports
    • Lifestyle
    • Travel
    • Opinion

    © 2023 4press

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In