HSBC stock analyst Carlos Laboy downgraded stock in AB InBev, Anheuser-Busch's parent company, to 'hold,' saying the U.S. branch of the world beer giant had been damaged by the flap over its partnership with transgender social-media influencer Dylan...
is a biological male who identifies as female and who in March marked 365 days “of being a girl” to the cheers of many of corporate America’s biggest brands, including Bud Light.a custom beer can featuring the face of the TikTok star who also made several videos promoting Bud Light.campaign as the social-media backlash was just starting to swell.
Multiple marketing executives have since taken a leave of absence, one of whom doing so after a video surfaced of her saying the brand’s survival required reaching out to social-media influencers and ending its “fratty” image.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Anheuser-Busch stock downgraded by HSBC analysts over Bud Light ‘crisis’A managing director at HSBC’s global beverage sector downgraded the stock of Anheuser-Busch InBev to a hold status.
Read more »
Anheuser-Busch CEO blames ‘misinformation’ for Dylan Mulvaney debacle“Misinformation.” That was the term the CEO of Anheuser-Busch’s parent company used to explain the hangover from Bud Light’s partnership with transgender influencer Dylan Mulvaney.
Read more »
Anheuser-Busch CEO Criticizes 'Misinformation' After Marketing ControversyAnheuser-Busch CEO Criticizes 'Misinformation' After Marketing Controversy | Compare reporting by Forbes CNNBusiness WashTimes
Read more »
Bud Light sales declines are now affecting Anheuser-Busch's other big brands, says new dataAs beer drinkers discover how many other beer brands fall under the Anheuser-Busch umbrella, the backlash is widening, according to Bump Williams Consulting...
Read more »
Anheuser-Busch sales down 12.5% since April, new report confirmsBeer sales numbers for Bud Light and Anheuser-Busch were down in April, according to reports released Monday following the controversial Dylan Mulvaney collaboration.
Read more »
Bud Light backlash is hurting other Anheuser-Busch brands, data showsThe fallout from the beer brand's partnership with transgender influencer Dylan Mulvaney is also hitting Budweiser, Busch Light and Natural Light.
Read more »